2023 Form 5500 filing — Impact Networking, LLC 401(K) Retirement 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 20241015115347NAL0016283203001) for Impact Networking, LLC 401(K) Retirement Savings Plan, reported by Impact Networking, LLC under EIN 36-4292481 and plan number 001. It reports 1,523 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015115347NAL0016283203001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Impact Networking, LLC
- EIN
- 36-4292481
- Plan number
- 001
- Location
- Lake Forest, IL
- Participants
- 1,523
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $31,534,525
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $31,534,525
- Participant contributions
- $4,922,450
- Total income / additions
- $9,435,916
- Benefits paid
- $2,640,694
- Administrative expenses
- $125,172
- Total expenses
- $2,765,866
- Net increase / (decrease)
- $6,670,050
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alliance Pension Consultants, LLC | RECORDKEEPER | $64,878 | not reported in the loaded dataset |
| Morgan Stanley Smith Barney LLC | FINANCIAL ADVISOR | $60,294 | not reported in the loaded dataset |
| Charles Schwab Trust Bank | CUSTODIAN | $0 | $9,519 |
| Charles Schwab & Co., Inc. | CUSTODIAN | $0 | $0 |