Ips Corporation Profit Sharing Plan — Form 5500 plan (Ips Corporation)
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, Ips Corporation Profit Sharing Plan is a benefit plan reported by Ips Corporation under EIN 95-3922892 and plan number 001. The latest loaded filing year is 2023. The filing reports 725 participants and $37,952,676 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ips Corporation
- EIN
- 95-3922892
- Plan number
- 001
- Plan type
- 2
- Location
- Compton, CA
- Latest filing year
- 2023
- Participants
- 725
- End-of-year plan assets
- $37,952,676
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 725 | H, C | 20241009173300NAL0018843489001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $37,952,676
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,952,676
- Net assets (BOY)
- $30,362,218
Income & contributions
- Employer contributions
- $2,526,569
- Participant contributions
- $2,821,570
- Total contributions
- $5,530,460
- Total income / additions
- $10,795,011
Expenses & distributions
- Benefits paid
- $3,043,365
- Administrative expenses
- $161,188
- Total expenses
- $3,204,553
- Net increase / (decrease)
- $7,590,458
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Stancorp Financial Group | NONE | $116,560 | $643 | 2023 |
| Kestra Advisory Services, LLC | NONE | $44,628 | not reported in the loaded dataset | 2023 |