Innovative Mechanical, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Innovative Mechanical, 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, Innovative Mechanical, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Innovative Mechanical, Inc. under EIN 94-2945116 and plan number 002. The latest loaded filing year is 2023. The filing reports 27 participants and $4,520,025 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Innovative Mechanical, Inc.
- EIN
- 94-2945116
- Plan number
- 002
- Plan type
- 2
- Location
- Belmont, CA
- Latest filing year
- 2023
- Participants
- 27
- End-of-year plan assets
- $4,520,025
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 27 | I | 20250107130902NAL0018977218001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $4,520,025
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,520,025
- Net assets (BOY)
- $3,597,875
Income & contributions
- Employer contributions
- $307,984
- Participant contributions
- $236,394
- Total income / additions
- $1,161,485
Expenses & distributions
- Benefits paid
- $239,060
- Administrative expenses
- $275
- Total expenses
- $239,335
- Net increase / (decrease)
- $922,150
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.