Profit Sharing Plan For Itg Brands, LLC Hourly Paid Employees — Form 5500 plan (Itg Brands, 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, Profit Sharing Plan For Itg Brands, LLC Hourly Paid Employees is a benefit plan reported by Itg Brands, LLC under EIN 94-2994213 and plan number 003. The latest loaded filing year is 2023. The filing reports 449 participants and $101,972,287 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$102MPlan net assets, end of year$101,972,287
Participants449Covered participants reported
Assets / participant$227.1KComputed: assets ÷ participants$227,110 (computed)
Provider compensation$149.9K3 Schedule C provider row(s)$149,936
- Plan sponsor
- Itg Brands, LLC
- EIN
- 94-2994213
- Plan number
- 003
- Plan type
- 2
- Location
- Greensboro, NC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 449 | H, C | 20250715125425NAL0001616371001 |
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)$102M total assets
Net assets$102MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $101,972,287
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $101,972,287
- Net assets (BOY)
- $94,328,223
Income & contributions
- Employer contributions
- $42,616
- Participant contributions
- $1,147,204
- Total contributions
- $1,189,820
- Total income / additions
- $18,472,918
Expenses & distributions
- Benefits paid
- $10,635,869
- Administrative expenses
- $149,936
- Total expenses
- $10,828,854
- Net increase / (decrease)
- $7,644,064
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
96%
Employer 4%Participant 96%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income58%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Advisory Group, LLC | NONE | $86,146 | not reported in the loaded dataset | 2023 |
| Mma Securities LLC | NONE | $45,305 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | NONE | $18,485 | $0 | 2023 |