2023 Form 5500 filing — Incom, Inc. Profit Sharing & Retirement Savings 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 20240507174914NAL0036501393001) for Incom, Inc. Profit Sharing & Retirement Savings Plan, reported by Incom, Inc. under EIN 04-2483274 and plan number 001. It reports 228 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240507174914NAL0036501393001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Incom, Inc.
- EIN
- 04-2483274
- Plan number
- 001
- Location
- Charlton, MA
- Participants
- 228
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,860,231
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,860,231
- Employer contributions
- $295,004
- Participant contributions
- $980,990
- Total income / additions
- $3,516,577
- Benefits paid
- $1,783,757
- Administrative expenses
- $9,225
- Total expenses
- $1,796,552
- Net increase / (decrease)
- $1,720,025
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lpl Financial Corporation | OTHER SERVICES | $0 | $25,508 |
| The Angell Pension Group Inc | TPA | $0 | $11,508 |
| Caron & Bletzer | ACCOUNTANT | $0 | $9,700 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $9,225 | $0 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 |