2023 Form 5500 filing — Itel Laboratories, Inc. 401(K) Profit Sharing 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 20241008134356NAL0017716449001) for Itel Laboratories, Inc. 401(K) Profit Sharing Plan & Trust, reported by Itel Laboratories, Inc. under EIN 26-2574564 and plan number 001. It reports 203 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008134356NAL0017716449001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Itel Laboratories, Inc.
- EIN
- 26-2574564
- Plan number
- 001
- Location
- Jacksonville, FL
- Participants
- 203
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,088,619
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,088,619
- Employer contributions
- $179,225
- Participant contributions
- $734,694
- Total income / additions
- $2,317,721
- Benefits paid
- $1,364,921
- Administrative expenses
- $15,378
- Total expenses
- $1,391,485
- Net increase / (decrease)
- $926,236
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| The Vanguard Group,Inc. | CONTRACT ADMINISTRATOR | $16,498 | not reported in the loaded dataset |
| Bdo Usa, Pc | N/A | $1,450 | not reported in the loaded dataset |