Itc Incorporated Retirement Savings Plan — Form 5500 plan (Itc Incorporated)
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, Itc Incorporated Retirement Savings Plan is a benefit plan reported by Itc Incorporated under EIN 38-2412680 and plan number 002. The latest loaded filing year is 2023. The filing reports 148 participants and $7,529,693 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Itc Incorporated
- EIN
- 38-2412680
- Plan number
- 002
- Plan type
- 2
- Location
- Hudsonville, MI
- Latest filing year
- 2023
- Participants
- 148
- End-of-year plan assets
- $7,529,693
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 148 | H, C | 20240801130731NAL0022924993001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,529,693
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,529,693
- Net assets (BOY)
- $5,765,929
Income & contributions
- Employer contributions
- $376,089
- Participant contributions
- $874,154
- Total contributions
- $1,259,138
- Total income / additions
- $2,248,024
Expenses & distributions
- Benefits paid
- $436,750
- Administrative expenses
- $47,510
- Total expenses
- $484,260
- Net increase / (decrease)
- $1,763,764
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $47,550 | $0 | 2023 |
| Principal Securities Inc | INVESTMENT ADVISORY | $0 | $15,593 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |