2023 Form 5500 filing — Iowa Beverage Systems, Inc. Employees' Profit Sharing And 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 20241008150939NAL0008500115001) for Iowa Beverage Systems, Inc. Employees' Profit Sharing And 401(K) Plan, reported by Iowa Beverage Systems, Inc. under EIN 42-1315877 and plan number 001. It reports 348 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008150939NAL0008500115001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Iowa Beverage Systems, Inc.
- EIN
- 42-1315877
- Plan number
- 001
- Location
- Des Moines, IA
- Participants
- 348
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,132,506
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,132,506
- Employer contributions
- $362,106
- Participant contributions
- $892,073
- Total income / additions
- $4,238,937
- Benefits paid
- $878,407
- Administrative expenses
- $79,728
- Total expenses
- $958,411
- Net increase / (decrease)
- $3,280,526
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $79,727 | $0 |
| Edward Jones | INVESTMENT ADVISORY | $0 | $39,377 |
| Qualified Plan Consultants, LLC | OTHER SERVICES | $0 | $6,678 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 |