Innovative Design Inc Profit Sharing Plan — Form 5500 plan (Innovative Design 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, Innovative Design Inc Profit Sharing Plan is a benefit plan reported by Innovative Design Inc under EIN 23-3584634 and plan number 002. The latest loaded filing year is 2023. The filing reports 5 participants and $688,104 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Innovative Design Inc
- EIN
- 23-3584634
- Plan number
- 002
- Plan type
- 2
- Location
- Closter, NJ
- Latest filing year
- 2023
- Participants
- 5
- End-of-year plan assets
- $688,104
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 5 | I | 20250814144752NAL0009207475001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $688,104
- Total liabilities (EOY)
- $13,818
- Net assets (EOY)
- $674,286
- Net assets (BOY)
- $601,186
Income & contributions
- Total income / additions
- $73,850
Expenses & distributions
- Total expenses
- $750
- Net increase / (decrease)
- $73,100
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.