Innovative Resources For Independence 403(B) Plan — Form 5500 plan (Innovative Resources For Independence)
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, Innovative Resources For Independence 403(B) Plan is a benefit plan reported by Innovative Resources For Independence under EIN 13-3490223 and plan number 001. The latest loaded filing year is 2023. The filing reports 754 participants and $3,836,258 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Innovative Resources For Independence
- EIN
- 13-3490223
- Plan number
- 001
- Plan type
- 2
- Location
- Elmont, NY
- Latest filing year
- 2023
- Participants
- 754
- End-of-year plan assets
- $3,836,258
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 754 | H, C | 20250415090356NAL0005928594001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,836,258
- Total liabilities (EOY)
- $10,930
- Net assets (EOY)
- $3,825,328
- Net assets (BOY)
- $3,251,019
Income & contributions
- Employer contributions
- $67,049
- Participant contributions
- $357,912
- Total contributions
- $424,961
- Total income / additions
- $814,431
Expenses & distributions
- Benefits paid
- $195,521
- Administrative expenses
- $32,845
- Total expenses
- $240,122
- Net increase / (decrease)
- $574,309
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Equitable Financial Life Insurance | FINANCIAL ADVISOR | $14,155 | $23,896 | 2023 |
| Penserv | RECORDKEEPER | $17,637 | not reported in the loaded dataset | 2023 |