2023 Form 5500 filing — Ideal Option Pllc 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 20241014100720NAL0026984513001) for Ideal Option Pllc 401(K) Plan, reported by Ideal Option Pllc under EIN 45-5513274 and plan number 001. It reports 744 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014100720NAL0026984513001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ideal Option Pllc
- EIN
- 45-5513274
- Plan number
- 001
- Location
- Kennewick, WA
- Participants
- 744
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,219,433
- Total liabilities (EOY)
- $281,861
- Net assets (EOY)
- $8,937,572
- Employer contributions
- $178,740
- Participant contributions
- $1,591,514
- Total income / additions
- $3,264,380
- Benefits paid
- $814,200
- Administrative expenses
- $85,842
- Total expenses
- $1,181,903
- Net increase / (decrease)
- $2,082,477
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lpl Financial LLC - Rpcp | ADVISOR | $53,017 | not reported in the loaded dataset |
| Nationwide | RECORDKEEPER | $24,512 | $68 |
| Cascade 401(K) Consultants, LLC | TPA | $8,319 | not reported in the loaded dataset |