2023 Form 5500 filing — Ixp Corporation 401(K) Salary Reduction 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 20241015210640NAL0017221875001) for Ixp Corporation 401(K) Salary Reduction Plan, reported by Ixp Corporation under EIN 22-3690697 and plan number 001. It reports 245 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$8MReported net assets$8,002,915
Participants245
Provider compensation$49.8K4 Schedule C row(s)$49,822
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015210640NAL0017221875001
Plan sponsor
Ixp Corporation
EIN
22-3690697
Plan number
001
Location
Princeton, NJ
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$8M total assets
Net assets$8MLiabilities$0
Money in vs. money out
Total income / additions$2M
Total expenses$1M
Benefits paid / distributions$974K
Contributions
Employer$96.9K
Participant$690.2K
Full reported line items
Total assets (EOY)
$8,002,915
Total liabilities (EOY)
$0
Net assets (EOY)
$8,002,915
Employer contributions
$96,888
Participant contributions
$690,186
Total income / additions
$1,995,249
Benefits paid
$973,959
Administrative expenses
$49,824
Total expenses
$1,047,837
Net increase / (decrease)
$947,412

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principled Advisors, Inc.INVESTMENT/FINANCIAL ADVI$24,526$0
Adp, Inc.RECORD KEEPER$17,524$0
Principled Advisors, Inc.INVESTMENT/FINANCIAL ADVI$7,772$0
Adp Broker-DealerRECORD KEEPER$0$0

Related Form 5500 pages