2023 Form 5500 filing — Ipt 401(K) Retirement 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 20241011120351NAL0010896339001) for Ipt 401(K) Retirement Plan, reported by Integrated Procurement Technologies , Inc. under EIN 77-0424537 and plan number 001. It reports 130 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011120351NAL0010896339001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Integrated Procurement Technologies , Inc.
- EIN
- 77-0424537
- Plan number
- 001
- Location
- Goleta, CA
- Participants
- 130
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,160,608
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,160,608
- Employer contributions
- $382,120
- Participant contributions
- $776,540
- Total income / additions
- $3,097,498
- Benefits paid
- $2,255,412
- Administrative expenses
- $43,213
- Total expenses
- $2,298,625
- Net increase / (decrease)
- $798,873
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Massachusetts Mutual Life Ins | INVESTMENT ADVISOR | $34,626 | not reported in the loaded dataset |
| The Ryding Company | CONTRACT ADMIN | $8,200 | not reported in the loaded dataset |
| Capital Group Retirement Plan Servi | RECORDKEEPER | $787 | $0 |