Incept Corporation 401(K) Profit Sharing Plan — Form 5500 plan (Incept Corporation)
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, Incept Corporation 401(K) Profit Sharing Plan is a benefit plan reported by Incept Corporation under EIN 34-1761759 and plan number 001. The latest loaded filing year is 2023. The filing reports 272 participants and $2,812,677 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Incept Corporation
- EIN
- 34-1761759
- Plan number
- 001
- Plan type
- 2
- Location
- Canton, OH
- Latest filing year
- 2023
- Participants
- 272
- End-of-year plan assets
- $2,812,677
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 272 | H, C | 20241011080343NAL0012277715001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,812,677
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,812,677
- Net assets (BOY)
- $1,995,299
Income & contributions
- Employer contributions
- $154,348
- Participant contributions
- $233,161
- Total contributions
- $574,754
- Total income / additions
- $1,024,633
Expenses & distributions
- Benefits paid
- $184,234
- Administrative expenses
- $23,021
- Total expenses
- $207,255
- Net increase / (decrease)
- $817,378
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Trinity Pension Consultants | TPA | $0 | $8,445 | 2023 |
| John Hancock Life Insurance Co | RECORDKEEPER | $1,571 | $0 | 2023 |