2023 Form 5500 filing — Imagine The Possibilities, Inc. 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 20250415134109NAL0003308609001) for Imagine The Possibilities, Inc. 401(K) Plan, reported by Imagine The Possibilities, Inc under EIN 23-7224698 and plan number 001. It reports 840 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250415134109NAL0003308609001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Imagine The Possibilities, Inc
- EIN
- 23-7224698
- Plan number
- 001
- Location
- Maquoketa, IA
- Participants
- 840
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,335,329
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,335,329
- Employer contributions
- $936,226
- Participant contributions
- $1,430,330
- Total income / additions
- $4,520,481
- Benefits paid
- $1,727,131
- Administrative expenses
- $102,756
- Total expenses
- $1,829,887
- Net increase / (decrease)
- $2,690,594
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mutual Of America Sec. Corp LLC | RECORDKEEPER | $50,883 | $0 |
| July Business Services LLC | RECORDKEEPER | $6,855 | $0 |
| Wilshire Associates Inc. | FIDUCIARY ADVISOR | $5,623 | $0 |