2023 Form 5500 filing — Ipc 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 20241010095118NAL0019885121001) for Ipc 401(K) Plan, reported by Ipc Systems, Inc. under EIN 30-0383566 and plan number 001. It reports 714 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010095118NAL0019885121001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ipc Systems, Inc.
- EIN
- 30-0383566
- Plan number
- 001
- Location
- Jersey City, NJ
- Participants
- 714
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $122,106,413
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $122,106,413
- Employer contributions
- $924,257
- Participant contributions
- $5,705,675
- Total income / additions
- $31,641,899
- Benefits paid
- $10,468,472
- Administrative expenses
- $108,905
- Total expenses
- $10,582,019
- Net increase / (decrease)
- $21,059,880
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Kestra Investment Services LLC | ADVISOR | $70,000 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $29,062 | $0 |
| Strategic Advisors, Inc. | ADVISOR | $9,918 | not reported in the loaded dataset |