Plan5500

Ip Services 401(K) Profit Sharing Plan — Form 5500 plan (Ip Services, 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, Ip Services 401(K) Profit Sharing Plan is a benefit plan reported by Ip Services, Inc. under EIN 23-2922574 and plan number 001. The latest loaded filing year is 2023. The filing reports 126 participants and $10,150,636 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ip Services, Inc.
EIN
23-2922574
Plan number
001
Plan type
2
Location
Edinboro, PA
Latest filing year
2023
Participants
126
End-of-year plan assets
$10,150,636

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023126H, C20241011160247NAL0022281329001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,150,636
Total liabilities (EOY)
$0
Net assets (EOY)
$10,150,636
Net assets (BOY)
$8,386,720

Income & contributions

Employer contributions
$539,641
Participant contributions
$418,914
Total contributions
$958,555
Total income / additions
$2,544,445

Expenses & distributions

Benefits paid
$734,393
Administrative expenses
$46,136
Total expenses
$780,529
Net increase / (decrease)
$1,763,916

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Hbks Wealth AdvisorsNONE$30,974not reported in the loaded dataset2023
The Vanguard Group, Inc.NONE$15,162$02023

Related Form 5500 pages