Indelible Solutions 401(K) Plan — Form 5500 plan (Indelible Management Solutions, 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, Indelible Solutions 401(K) Plan is a benefit plan reported by Indelible Management Solutions, Inc. under EIN 88-1443733 and plan number 001. The latest loaded filing year is 2023. The filing reports 207 participants and $2,657,396 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2.7MPlan net assets, end of year$2,657,148
Participants207Covered participants reported
Assets / participant$12.8KComputed: assets ÷ participants$12,838 (computed)
Provider compensation$29.9K2 Schedule C provider row(s)$29,935
Plan sponsor
Indelible Management Solutions, Inc.
EIN
88-1443733
Plan number
001
Plan type
2
Location
Jacksonville, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023207H, C20240911121617NAL0003630915001
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)$2.7M total assets
Net assets$2.7MLiabilities$248
Money in vs. money out
Total income / additions$1.7M
Total expenses$358.3K
Benefits paid / distributions$328.9K
Contributions
Employer$524.3K
Participant$850K
Full reported line items

Net assets

Total assets (EOY)
$2,657,396
Total liabilities (EOY)
$248
Net assets (EOY)
$2,657,148
Net assets (BOY)
$1,305,253

Income & contributions

Employer contributions
$524,263
Participant contributions
$850,016
Total contributions
$1,399,347
Total income / additions
$1,710,194

Expenses & distributions

Benefits paid
$328,886
Administrative expenses
$29,413
Total expenses
$358,299
Net increase / (decrease)
$1,351,895

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$16,128$02023
Economic Group Pension Services IncCONTRACT ADMINISTRATOR$7,800$6,0072023

Related Form 5500 pages