2023 Form 5500 filing — International Motor Freight, Inc. 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240208111543NAL0003540081001) for International Motor Freight, Inc. 401(K) Plan, reported by International Motor Freight, Inc. under EIN 22-2821936 and plan number 001. It reports 133 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240208111543NAL0003540081001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- International Motor Freight, Inc.
- EIN
- 22-2821936
- Plan number
- 001
- Location
- Port Newark, NJ
- Participants
- 133
- Schedules available
- Schedule I, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,586,112
- Net assets (EOY)
- $6,586,112
- Employer contributions
- $29,686
- Participant contributions
- $286,583
- Total income / additions
- $1,146,912
- Benefits paid
- $139,526
- Administrative expenses
- $37,898
- Total expenses
- $177,424
- Net increase / (decrease)
- $969,488
- Schedule source
- Schedule I
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch Pierce Fenner Smith | INVESTMENT ADVISOR | $17,403 | $0 |
| Planned Retirement Consultants & Ad | THIRD PARTY ADMINISTRATOR | $1,500 | $2,883 |
| Empower Annuity Insurance Company | RECORDKEEPER | $1,114 | $0 |