Exaktime Innovations, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Exaktime Innovations, Inc.)
Plain-English plan 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, Exaktime Innovations, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Exaktime Innovations, Inc. under EIN 01-0552589 and plan number 001. The latest loaded filing year is 2023. The filing reports 355 participants and $15,558,286 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Exaktime Innovations, Inc.
- EIN
- 01-0552589
- Plan number
- 001
- Plan type
- 2
- Location
- Ventura, CA
- Latest filing year
- 2023
- Participants
- 355
- End-of-year plan assets
- $15,558,286
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 355 | H, C | 20240820171155NAL0002853681001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,558,286
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,558,286
- Net assets (BOY)
- $12,651,559
Income & contributions
- Employer contributions
- $892,476
- Participant contributions
- $1,560,992
- Total contributions
- $2,497,718
- Total income / additions
- $4,662,132
Expenses & distributions
- Benefits paid
- $1,653,013
- Administrative expenses
- $102,392
- Total expenses
- $1,755,405
- Net increase / (decrease)
- $2,906,727
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ameriprise Financial Services Inc. | INVESTMENT ADVISORY | $52,502 | not reported in the loaded dataset | 2023 |
| Tag Resources LLC | PLAN ADMINISTRATOR | $15,091 | not reported in the loaded dataset | 2023 |
| Pinnacle Plan Design, LLC | TPA | $11,539 | $0 | 2023 |
| Futureplan By Ascensus,LLC | RECORDKEEPER | $3,530 | $0 | 2023 |
| Transamerica Financial Life Ins. Co | RECORDKEEPER ADMINISTRATO | $444 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Exaktime Innovations, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Ventura, CA
- Ameriprise Financial Services Inc. — Schedule C compensation
- Tag Resources LLC — Schedule C compensation
- Pinnacle Plan Design, LLC — Schedule C compensation
- Futureplan By Ascensus,LLC — Schedule C compensation
- Transamerica Financial Life Ins. Co — Schedule C compensation