Iko Hourly Employee Savings Plan — Form 5500 plan (Iko Industries, 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, Iko Hourly Employee Savings Plan is a benefit plan reported by Iko Industries, Inc. under EIN 16-1007213 and plan number 002. The latest loaded filing year is 2023. The filing reports 582 participants and $12,256,556 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$12.3MPlan net assets, end of year$12,256,556
Participants582Covered participants reported
Assets / participant$21.1KComputed: assets ÷ participants$21,059 (computed)
Provider compensation$4.8K1 Schedule C provider row(s)$4,755
- Plan sponsor
- Iko Industries, Inc.
- EIN
- 16-1007213
- Plan number
- 002
- Plan type
- 2
- Location
- Wilmington, DE
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 582 | H, C | 20241015185442NAL0029433921001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$12.3M total assets
Net assets$12.3MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $12,256,556
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,256,556
- Net assets (BOY)
- $9,954,967
Income & contributions
- Employer contributions
- $786,961
- Participant contributions
- $1,294,853
- Total contributions
- $2,227,572
- Total income / additions
- $3,956,298
Expenses & distributions
- Benefits paid
- $1,640,577
- Administrative expenses
- $4,755
- Total expenses
- $1,645,810
- Net increase / (decrease)
- $2,310,488
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
38%62%
Employer 38%Participant 62%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income41%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lincoln National Corporation | NONE | $4,755 | $0 | 2023 |