2023 Form 5500 filing — Independence Plus, 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 20241014112151NAL0044305712001) for Independence Plus, Inc. 401(K) Plan, reported by Independence Plus, Inc. under EIN 36-3641612 and plan number 001. It reports 332 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014112151NAL0044305712001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Independence Plus, Inc.
- EIN
- 36-3641612
- Plan number
- 001
- Location
- Oak Brook, IL
- Participants
- 332
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,648,753
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,648,753
- Employer contributions
- $204,213
- Participant contributions
- $668,779
- Total income / additions
- $1,855,380
- Benefits paid
- $461,555
- Administrative expenses
- $56,675
- Total expenses
- $548,303
- Net increase / (decrease)
- $1,307,077
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Northwestern Mutual | RIA | $22,929 | not reported in the loaded dataset |
| John Hancock Life Ins Co | RECORDKEEPER | $3,388 | $0 |