2023 Form 5500 filing — Itc Infotech (Usa), 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 20241015072630NAL0014193075001) for Itc Infotech (Usa), Inc. 401(K) Plan, reported by Itc Infotech Usa, Inc. under EIN 22-3239723 and plan number 001. It reports 301 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015072630NAL0014193075001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Itc Infotech Usa, Inc.
- EIN
- 22-3239723
- Plan number
- 001
- Location
- Paramus, NJ
- Participants
- 301
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,679,640
- Net assets (EOY)
- $14,679,640
- Employer contributions
- $654,156
- Participant contributions
- $1,511,328
- Total income / additions
- $4,278,943
- Benefits paid
- $1,654,911
- Administrative expenses
- $7,404
- Total expenses
- $1,662,315
- Net increase / (decrease)
- $2,616,628
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Knav Pa | AUDIT | $8,250 | not reported in the loaded dataset |
| Transamerica Life Insurance Company | RECORDKEEPER | $5,354 | $0 |
| Planned Retirement Consultants & Ad | TPA | $2,050 | $443 |