2023 Form 5500 filing — Databank Imx LLC 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 20241015153531NAL0028959185001) for Databank Imx LLC 401(K) Plan, reported by Databank Imx LLC under EIN 25-1921937 and plan number 001. It reports 704 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015153531NAL0028959185001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Databank Imx LLC
- EIN
- 25-1921937
- Plan number
- 001
- Location
- Huntingdon Valley, PA
- Participants
- 704
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,288,711
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,288,711
- Employer contributions
- $324,387
- Participant contributions
- $1,571,420
- Total income / additions
- $5,012,726
- Benefits paid
- $2,642,808
- Administrative expenses
- $147,361
- Total expenses
- $2,798,943
- Net increase / (decrease)
- $2,213,783
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ellin & Tucker | AUDITOR | $19,425 | not reported in the loaded dataset |
| John Hancock Life Insurance Company | RECORDKEEPER | $2,056 | not reported in the loaded dataset |