Itac Alabama Employee Retirement Plan — Form 5500 plan (Itac Alabama, LLC)
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, Itac Alabama Employee Retirement Plan is a benefit plan reported by Itac Alabama, LLC under EIN 02-0678162 and plan number 001. The latest loaded filing year is 2023. The filing reports 400 participants and $5,537,276 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Itac Alabama, LLC
- EIN
- 02-0678162
- Plan number
- 001
- Plan type
- 2
- Location
- Luverne, AL
- Latest filing year
- 2023
- Participants
- 400
- End-of-year plan assets
- $5,537,276
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 400 | H, C | 20241202095911NAL0000753283001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,537,276
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,537,276
- Net assets (BOY)
- $4,675,985
Income & contributions
- Employer contributions
- $165,732
- Participant contributions
- $539,923
- Total contributions
- $711,149
- Total income / additions
- $1,397,241
Expenses & distributions
- Benefits paid
- $477,905
- Administrative expenses
- $58,045
- Total expenses
- $535,950
- Net increase / (decrease)
- $861,291
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Co. | RECORDKEEPER | $23,446 | $0 | 2023 |
| Meridian Wealth Management LLC | INVESTMENT ADVISOR | $18,581 | not reported in the loaded dataset | 2023 |
| Ascensus Holding Inc Dba Futurepla | CONTRACT ADMIN | $10,895 | $4,645 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $6,324 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Itac Alabama, LLC
- 2023 Form 5500 filing
- Form 5500 filings in AL
- 401(k) and benefit plan filings in Luverne, AL
- Empower Annuity Insurance Co. — Schedule C compensation
- Meridian Wealth Management LLC — Schedule C compensation
- Ascensus Holding Inc Dba Futurepla — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation