2023 Form 5500 filing — Industrial Physics, 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 20240906131202NAL0001402961001) for Industrial Physics, Inc. 401(K) Plan, reported by Industrial Physics, Inc. under EIN 46-4945022 and plan number 001. It reports 176 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240906131202NAL0001402961001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Industrial Physics, Inc.
- EIN
- 46-4945022
- Plan number
- 001
- Location
- New Castle, DE
- Participants
- 176
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,688,691
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,688,691
- Employer contributions
- $349,450
- Participant contributions
- $672,583
- Total income / additions
- $3,361,987
- Benefits paid
- $1,350,253
- Administrative expenses
- $48,064
- Total expenses
- $1,398,317
- Net increase / (decrease)
- $1,963,670
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mml Investors Services | NONE | $30,944 | not reported in the loaded dataset |
| The Vanguard Group, Inc. | NONE | $17,120 | $0 |