2023 Form 5500 filing — Industrial Dielectrics, Inc. 401(K) Profit Sharing And Savings 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 20241011090404NAL0012307171001) for Industrial Dielectrics, Inc. 401(K) Profit Sharing And Savings Plan, reported by Industrial Dielectrics, Inc. under EIN 80-0503722 and plan number 001. It reports 285 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011090404NAL0012307171001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Industrial Dielectrics, Inc.
- EIN
- 80-0503722
- Plan number
- 001
- Location
- Noblesville, IN
- Participants
- 285
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $49,378,770
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $49,378,770
- Employer contributions
- $756,608
- Participant contributions
- $1,739,355
- Total income / additions
- $10,135,327
- Benefits paid
- $6,058,784
- Administrative expenses
- $96,740
- Total expenses
- $6,165,945
- Net increase / (decrease)
- $3,969,382
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $96,740 | $0 |
| Northwestern Mutual Wealth Mgmt | INVESTMENT ADVISORY | $0 | $73,560 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |