Ideal Ready Mix Company 401(K) Plan — Form 5500 plan (Ideal Ready Mix Company, 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, Ideal Ready Mix Company 401(K) Plan is a benefit plan reported by Ideal Ready Mix Company, Inc. under EIN 42-0659329 and plan number 002. The latest loaded filing year is 2023. The filing reports 255 participants and $9,681,113 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ideal Ready Mix Company, Inc.
- EIN
- 42-0659329
- Plan number
- 002
- Plan type
- 2
- Location
- West Burlington, IA
- Latest filing year
- 2023
- Participants
- 255
- End-of-year plan assets
- $9,681,113
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 255 | H, C | 20250106080114NAL0004341347001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,681,113
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,681,113
- Net assets (BOY)
- $8,075,010
Income & contributions
- Employer contributions
- $334,937
- Participant contributions
- $795,201
- Total contributions
- $1,134,663
- Total income / additions
- $2,158,745
Expenses & distributions
- Benefits paid
- $524,308
- Administrative expenses
- $25,612
- Total expenses
- $552,642
- Net increase / (decrease)
- $1,606,103
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $19,509 | $0 | 2023 |
| Qualified Plan Consultants LLC | TPA SERVICES | $6,104 | $664 | 2023 |
| Securian Financial Services Inc | INVESTMENT ADVISORY | $0 | $1,844 | 2023 |
| Wilshire Associates Inc. | INVESTMENT ADVISORY | $0 | $0 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ideal Ready Mix Company, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in IA
- 401(k) and benefit plan filings in West Burlington, IA
- Principal Life Insurance Company — Schedule C compensation
- Qualified Plan Consultants LLC — Schedule C compensation
- Securian Financial Services Inc — Schedule C compensation
- Wilshire Associates Inc. — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation