Its Never 2 Late LLC 401(K) Profit Sharing Plan — Form 5500 plan (It'S Never 2 Late, 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, Its Never 2 Late LLC 401(K) Profit Sharing Plan is a benefit plan reported by It'S Never 2 Late, LLC under EIN 84-1507580 and plan number 001. The latest loaded filing year is 2023. The filing reports 158 participants and $3,166,169 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- It'S Never 2 Late, LLC
- EIN
- 84-1507580
- Plan number
- 001
- Plan type
- 2
- Location
- Greenwood Village, CO
- Latest filing year
- 2023
- Participants
- 158
- End-of-year plan assets
- $3,166,169
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 158 | H, C | 20241015113336NAL0047593104001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,166,169
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,166,169
- Net assets (BOY)
- $2,570,929
Income & contributions
- Employer contributions
- $123,166
- Participant contributions
- $562,941
- Total contributions
- $708,027
- Total income / additions
- $1,173,963
Expenses & distributions
- Benefits paid
- $548,877
- Administrative expenses
- $29,846
- Total expenses
- $578,723
- Net increase / (decrease)
- $595,240
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Co | RECORDKEEPER | $11,677 | $0 | 2023 |
| Global Retirement Partners LLC | INVESTMENT ADVISOR | $10,704 | not reported in the loaded dataset | 2023 |
| Farmer & Betts, Inc. | CONTRACT ADMIN | $3,990 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $3,315 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for It'S Never 2 Late, LLC
- 2023 Form 5500 filing
- Form 5500 filings in CO
- 401(k) and benefit plan filings in Greenwood Village, CO
- Empower Annuity Insurance Co — Schedule C compensation
- Global Retirement Partners LLC — Schedule C compensation
- Farmer & Betts, Inc. — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation