Individual Foodservice 401(K) Plan — Form 5500 plan (Ifs Acquisition LLC)
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, Individual Foodservice 401(K) Plan is a benefit plan reported by Ifs Acquisition LLC under EIN 83-0830569 and plan number 003. The latest loaded filing year is 2023. The filing reports 421 participants and $15,983,414 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ifs Acquisition LLC
- EIN
- 83-0830569
- Plan number
- 003
- Plan type
- 2
- Location
- Bell, CA
- Latest filing year
- 2023
- Participants
- 421
- End-of-year plan assets
- $15,983,414
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 421 | H, C | 20241015185802NAL0029439025001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,983,414
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,983,414
- Net assets (BOY)
- $16,511,144
Income & contributions
- Employer contributions
- $503,354
- Participant contributions
- $1,294,609
- Total contributions
- $1,802,024
- Total income / additions
- $4,110,832
Expenses & distributions
- Benefits paid
- $4,547,312
- Administrative expenses
- $91,250
- Total expenses
- $4,638,562
- Net increase / (decrease)
- -$527,730
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch | REG INV ADVISOR | $50,108 | not reported in the loaded dataset | 2023 |
| John Hancock Life Insurance Company | RECORDKEEPER | $1,194 | not reported in the loaded dataset | 2023 |