Incom, Inc. Profit Sharing & Retirement Savings Plan — Form 5500 plan (Incom, 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, Incom, Inc. Profit Sharing & Retirement Savings Plan is a benefit plan reported by Incom, Inc. under EIN 04-2483274 and plan number 001. The latest loaded filing year is 2023. The filing reports 228 participants and $16,860,231 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Incom, Inc.
- EIN
- 04-2483274
- Plan number
- 001
- Plan type
- 2
- Location
- Charlton, MA
- Latest filing year
- 2023
- Participants
- 228
- End-of-year plan assets
- $16,860,231
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 228 | H, C | 20240507174914NAL0036501393001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,860,231
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,860,231
- Net assets (BOY)
- $15,140,206
Income & contributions
- Employer contributions
- $295,004
- Participant contributions
- $980,990
- Total contributions
- $1,296,833
- Total income / additions
- $3,516,577
Expenses & distributions
- Benefits paid
- $1,783,757
- Administrative expenses
- $9,225
- Total expenses
- $1,796,552
- Net increase / (decrease)
- $1,720,025
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lpl Financial Corporation | OTHER SERVICES | $0 | $25,508 | 2023 |
| The Angell Pension Group Inc | TPA | $0 | $11,508 | 2023 |
| Caron & Bletzer | ACCOUNTANT | $0 | $9,700 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $9,225 | $0 | 2023 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Incom, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Charlton, MA
- Lpl Financial Corporation — Schedule C compensation
- The Angell Pension Group Inc — Schedule C compensation
- Caron & Bletzer — Schedule C compensation
- Principal Life Insurance Company — Schedule C compensation
- Wilshire Associates Incorporated — Schedule C compensation