2023 Form 5500 filing — Itac Alabama Employee Retirement 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 20241202095911NAL0000753283001) for Itac Alabama Employee Retirement Plan, reported by Itac Alabama, LLC under EIN 02-0678162 and plan number 001. It reports 400 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241202095911NAL0000753283001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Itac Alabama, LLC
- EIN
- 02-0678162
- Plan number
- 001
- Location
- Luverne, AL
- Participants
- 400
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,537,276
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,537,276
- Employer contributions
- $165,732
- Participant contributions
- $539,923
- Total income / additions
- $1,397,241
- Benefits paid
- $477,905
- Administrative expenses
- $58,045
- Total expenses
- $535,950
- Net increase / (decrease)
- $861,291
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Co. | RECORDKEEPER | $23,446 | $0 |
| Meridian Wealth Management LLC | INVESTMENT ADVISOR | $18,581 | not reported in the loaded dataset |
| Ascensus Holding Inc Dba Futurepla | CONTRACT ADMIN | $10,895 | $4,645 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $6,324 | not reported in the loaded dataset |