Ifab Corp 401(K) Plan — Form 5500 plan (Ifab Corp)
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, Ifab Corp 401(K) Plan is a benefit plan reported by Ifab Corp under EIN 92-3450674 and plan number 002. The latest loaded filing year is 2023. The filing reports 807 participants and $2,307,223 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ifab Corp
- EIN
- 92-3450674
- Plan number
- 002
- Plan type
- 2
- Location
- Gastonia, NC
- Latest filing year
- 2023
- Participants
- 807
- End-of-year plan assets
- $2,307,223
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 807 | H, C | 20240926100222NAL0000286611001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,307,223
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,307,223
- Net assets (BOY)
- $2,149,064
Income & contributions
- Participant contributions
- $442,474
- Total contributions
- $442,474
- Total income / additions
- $750,640
Expenses & distributions
- Benefits paid
- $570,262
- Administrative expenses
- $16,757
- Total expenses
- $592,481
- Net increase / (decrease)
- $158,159
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Maxus Plan Solutions, Inc | CONTRACT ADMINISTRATOR | $9,324 | $0 | 2023 |
| Empower Annuity Ins. Co Of America | RECORDKEEPER | $7,774 | $1,043 | 2023 |
| Cetera Advisor Networks LLC | INVESTMENT ADVISORY | $6,957 | not reported in the loaded dataset | 2023 |
| Cetera Investment Advisors | INVESTMENT ADVISOR | $3,575 | not reported in the loaded dataset | 2023 |
| Empower Investment Group LLC | INVESTMENT MANAGEMENT | $12 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ifab Corp
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Gastonia, NC
- Maxus Plan Solutions, Inc — Schedule C compensation
- Empower Annuity Ins. Co Of America — Schedule C compensation
- Cetera Advisor Networks LLC — Schedule C compensation
- Cetera Investment Advisors — Schedule C compensation
- Empower Investment Group LLC — Schedule C compensation