2023 Form 5500 filing — Ip Veba Plan & Trust
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 20241003115511NAL0004849795001) for Ip Veba Plan & Trust, reported by Ip Corporation under EIN 41-0850438 and plan number 510. It reports 503 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003115511NAL0004849795001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ip Corporation
- EIN
- 41-0850438
- Plan number
- 510
- Location
- St. Paul, MN
- Participants
- 503
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,206,977
- Total liabilities (EOY)
- $1,219,000
- Net assets (EOY)
- $4,987,977
- Employer contributions
- $13,471,574
- Participant contributions
- $1,914,911
- Total income / additions
- $15,503,676
- Benefits paid
- $15,036,355
- Administrative expenses
- $92,170
- Total expenses
- $15,128,525
- Net increase / (decrease)
- $375,151
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Medica Self-Insured | CLAIM PROCESSING | $92,170 | $431,813 |
| Ddmn Aso LLC | BENEFIT ADMIN | $32,426 | not reported in the loaded dataset |
| Marsh & Mclennan Agency LLC | AGENT | $0 | $3,159 |