2023 Form 5500 filing — Investment Corporation Of America Profit Sharing 401k 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 20240807094856NAL0008024882001) for Investment Corporation Of America Profit Sharing 401k Plan, reported by Investment Corporation Of America under EIN 75-1721974 and plan number 001. It reports 886 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240807094856NAL0008024882001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Investment Corporation Of America
- EIN
- 75-1721974
- Plan number
- 001
- Location
- Odessa, TX
- Participants
- 886
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $100,854,498
- Total liabilities (EOY)
- $13,852
- Net assets (EOY)
- $100,840,646
- Employer contributions
- $572,218
- Participant contributions
- $1,003,936
- Total income / additions
- $22,414,840
- Benefits paid
- $9,754,052
- Administrative expenses
- $221,772
- Total expenses
- $9,975,824
- Net increase / (decrease)
- $12,439,016
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Frost Bank | NONE | $168,417 | not reported in the loaded dataset |
| Definiti LLC | NONE | $53,355 | not reported in the loaded dataset |