2023 Form 5500 filing — Imeg Corp. Employee Stock Ownership 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 20240913122659NAL0005966067001) for Imeg Corp. Employee Stock Ownership Plan, reported by Imeg Consultants Corp. under EIN 15-0284110 and plan number 002. It reports 2,287 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240913122659NAL0005966067001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Imeg Consultants Corp.
- EIN
- 15-0284110
- Plan number
- 002
- Location
- Rock Island, IL
- Participants
- 2,287
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $258,391,939
- Total liabilities (EOY)
- $20,765,479
- Net assets (EOY)
- $237,626,460
- Employer contributions
- $12,600,000
- Total income / additions
- $29,608,523
- Benefits paid
- $5,733,538
- Administrative expenses
- $384,789
- Total expenses
- $7,096,581
- Net increase / (decrease)
- $22,511,942
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transition Finance Strategies LLC | NONE | $230,989 | not reported in the loaded dataset |
| Imeg Corp | PLAN ADMINISTRATOR | $65,523 | not reported in the loaded dataset |
| Honkamp, P.C. | NONE | $39,140 | not reported in the loaded dataset |
| One Degree Advisors | NONE | $26,713 | not reported in the loaded dataset |
| Prudent Fiduciary Services | NONE | $12,000 | not reported in the loaded dataset |
| Simon Financial | NONE | $8,059 | not reported in the loaded dataset |