Impetus Technologies, Inc. 401(K) Plan — Form 5500 plan (Impetus Technologies, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Impetus Technologies, Inc. 401(K) Plan is a benefit plan reported by Impetus Technologies, Inc. under EIN 77-0436459 and plan number 002. The latest loaded filing year is 2023. The filing reports 249 participants and $7,413,719 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.4MPlan net assets, end of year$7,413,719
Participants249Covered participants reported
Assets / participant$29.8KComputed: assets ÷ participants$29,774 (computed)
Provider compensation$37.8K2 Schedule C provider row(s)$37,809
Plan sponsor
Impetus Technologies, Inc.
EIN
77-0436459
Plan number
002
Plan type
2
Location
Los Gatos, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023249H, C20251014094938NAL0001187411001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$7.4M total assets
Net assets$7.4MLiabilities$0
Money in vs. money out
Total income / additions$3.6M
Total expenses$673.8K
Benefits paid / distributions$647.2K
Contributions
Employer$1.3M
Participant$1.6M
Full reported line items

Net assets

Total assets (EOY)
$7,413,719
Total liabilities (EOY)
$0
Net assets (EOY)
$7,413,719
Net assets (BOY)
$5,296,468

Income & contributions

Employer contributions
$1,271,567
Participant contributions
$1,565,381
Total contributions
$2,836,948
Total income / additions
$3,569,923

Expenses & distributions

Benefits paid
$647,152
Administrative expenses
$26,673
Total expenses
$673,825
Net increase / (decrease)
$2,896,098
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 45%Participant 55%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income18%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$27,487$02023
Pension & Benefits SolutionsCONTRACT ADMIN$7,699$2,6232023

Related Form 5500 pages