2023 Form 5500 filing — Iec Corporation Employee Stock Ownership 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 20241203121106NAL0002866657001) for Iec Corporation Employee Stock Ownership Plan, reported by Iec Corporation under EIN 33-0807482 and plan number 003. It reports 1,775 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$141.4MReported net assets$141,389,841
Participants1.8K1,775
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20241203121106NAL0002866657001
Plan sponsor
Iec Corporation
EIN
33-0807482
Plan number
003
Location
Irvine, CA
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)$207.6M total assets
Net assets$141.4MLiabilities$66.2M
Money in vs. money out
Total income / additions-$48.8M
Total expenses$1.5M
Benefits paid / distributions$8K
Contributions
Employer$2.7M
ParticipantNot reported
Full reported line items
Total assets (EOY)
$207,578,020
Total liabilities (EOY)
$66,188,179
Net assets (EOY)
$141,389,841
Employer contributions
$2,743,928
Total income / additions
-$48,844,665
Benefits paid
$8,016
Administrative expenses
$270
Total expenses
$1,498,561
Net increase / (decrease)
-$50,343,226

Related Form 5500 pages