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

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023449H, C20250715125425NAL0001616371001
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
Money in vs. money out
Total income / additions$18.5M
Total expenses$10.8M
Benefits paid / distributions$10.6M
Contributions
Employer$42.6K
Participant$1.1M
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.

Contribution share (employer vs. participant)
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)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Advisory Group, LLCNONE$86,146not reported in the loaded dataset2023
Mma Securities LLCNONE$45,305not reported in the loaded dataset2023
Empower Annuity Insurance CompanyNONE$18,485$02023

Related Form 5500 pages