Iplastics LLC 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Iplastics 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, Iplastics LLC 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Iplastics LLC under EIN 27-2593452 and plan number 001. The latest loaded filing year is 2023. The filing reports 363 participants and $6,903,939 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Iplastics LLC
- EIN
- 27-2593452
- Plan number
- 001
- Plan type
- 2
- Location
- Saint Charles, IL
- Latest filing year
- 2023
- Participants
- 363
- End-of-year plan assets
- $6,903,939
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 363 | H, C | 20241011105756NAL0021714817001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,903,939
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,903,939
- Net assets (BOY)
- $8,061,998
Income & contributions
- Employer contributions
- $285,495
- Participant contributions
- $486,027
- Total contributions
- $771,522
- Total income / additions
- $1,895,960
Expenses & distributions
- Benefits paid
- $2,894,106
- Administrative expenses
- $53,032
- Total expenses
- $3,054,019
- Net increase / (decrease)
- -$1,158,059
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Paychex, Inc. | RECORDKEEPER | $31,988 | not reported in the loaded dataset | 2023 |
| Clearwater Capital Partners | ADVISOR | $28,311 | not reported in the loaded dataset | 2023 |