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, Independence Plus, Inc. 401(K) Plan is a benefit plan reported by Independence Plus, Inc. under EIN 36-3641612 and plan number 001. The latest loaded filing year is 2023. The filing reports 332 participants and $6,648,753 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,648,753
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,648,753
- Net assets (BOY)
- $5,341,676
Income & contributions
- Employer contributions
- $204,213
- Participant contributions
- $668,779
- Total contributions
- $903,145
- Total income / additions
- $1,855,380
Expenses & distributions
- Benefits paid
- $461,555
- Administrative expenses
- $56,675
- Total expenses
- $548,303
- Net increase / (decrease)
- $1,307,077