2023 Form 5500 filing — Ideal Ready Mix Company 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 20250106080114NAL0004341347001) for Ideal Ready Mix Company 401(K) Plan, reported by Ideal Ready Mix Company, Inc. under EIN 42-0659329 and plan number 002. It reports 255 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250106080114NAL0004341347001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ideal Ready Mix Company, Inc.
- EIN
- 42-0659329
- Plan number
- 002
- Location
- West Burlington, IA
- Participants
- 255
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,681,113
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,681,113
- Employer contributions
- $334,937
- Participant contributions
- $795,201
- Total income / additions
- $2,158,745
- Benefits paid
- $524,308
- Administrative expenses
- $25,612
- Total expenses
- $552,642
- Net increase / (decrease)
- $1,606,103
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $19,509 | $0 |
| Qualified Plan Consultants LLC | TPA SERVICES | $6,104 | $664 |
| Securian Financial Services Inc | INVESTMENT ADVISORY | $0 | $1,844 |
| Wilshire Associates Inc. | INVESTMENT ADVISORY | $0 | $0 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |