Ionbond LLC Savings Incentive Plan — Form 5500 plan (Ionbond 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, Ionbond LLC Savings Incentive Plan is a benefit plan reported by Ionbond LLC under EIN 22-3322481 and plan number 001. The latest loaded filing year is 2023. The filing reports 281 participants and $17,932,985 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ionbond LLC
- EIN
- 22-3322481
- Plan number
- 001
- Plan type
- 2
- Location
- Madison Heights, MI
- Latest filing year
- 2023
- Participants
- 281
- End-of-year plan assets
- $17,932,985
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 281 | H, C | 20240909131037NAL0002378835002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,932,985
- Net assets (EOY)
- $17,932,985
- Net assets (BOY)
- $15,606,255
Income & contributions
- Employer contributions
- $632,206
- Participant contributions
- $685,153
- Total contributions
- $1,466,990
- Total income / additions
- $3,646,024
Expenses & distributions
- Benefits paid
- $1,256,288
- Administrative expenses
- $61,881
- Total expenses
- $1,319,294
- Net increase / (decrease)
- $2,326,730
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mercer Investment, LLC | INVESTMENT ADVISOR | $50,000 | not reported in the loaded dataset | 2023 |
| Transamerica Retirement Solutions | RECORDKEEPER | $11,881 | $0 | 2023 |
| National Financial Services | SECURITIES BROKER | $0 | $0 | 2023 |