2023 Form 5500 filing — Innovative Management Concepts, 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 20241009104443NAL0009118019002) for Innovative Management Concepts, Inc. 401(K) Plan, reported by Innovative Management Concepts, Inc. under EIN 54-1516173 and plan number 001. It reports 281 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).
- EFAST2 acknowledgement
- 20241009104443NAL0009118019002
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Innovative Management Concepts, Inc.
- EIN
- 54-1516173
- Plan number
- 001
- Location
- Blairsville, GA
- Participants
- 281
- Schedules available
- Schedule H
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $15,481,572
- Net assets (EOY)
- $15,481,572
- Employer contributions
- $400,233
- Participant contributions
- $1,450,451
- Total income / additions
- $5,340,296
- Benefits paid
- $1,597,412
- Administrative expenses
- $1,200
- Total expenses
- $1,615,060
- Net increase / (decrease)
- $3,725,236
- Schedule source
- Schedule H