Iowa Rotocast Plastics, Inc. 401(K) Plan — Form 5500 plan (Iowa Rotocast Plastics, 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, Iowa Rotocast Plastics, Inc. 401(K) Plan is a benefit plan reported by Iowa Rotocast Plastics, Inc. under EIN 42-1279013 and plan number 001. The latest loaded filing year is 2023. The filing reports 250 participants and $15,606,251 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$15.6MPlan net assets, end of year$15,606,251
Participants250Covered participants reported
Assets / participant$62.4KComputed: assets ÷ participants$62,425 (computed)
Provider compensation$15.4K2 Schedule C provider row(s)$15,438
Plan sponsor
Iowa Rotocast Plastics, Inc.
EIN
42-1279013
Plan number
001
Plan type
2
Location
Decorah, IA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023250H, C20241009123959NAL0019180225001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$15.6M total assets
Net assets$15.6MLiabilities$0
Money in vs. money out
Total income / additions$3.7M
Total expenses$1.1M
Benefits paid / distributions$1.1M
Contributions
Employer$400K
Participant$682.3K
Full reported line items

Net assets

Total assets (EOY)
$15,606,251
Total liabilities (EOY)
$0
Net assets (EOY)
$15,606,251
Net assets (BOY)
$13,083,917

Income & contributions

Employer contributions
$400,003
Participant contributions
$682,269
Total contributions
$1,368,106
Total income / additions
$3,669,783

Expenses & distributions

Benefits paid
$1,070,515
Administrative expenses
$76,934
Total expenses
$1,147,449
Net increase / (decrease)
$2,522,334
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 37%Participant 63%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income29%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Midwest Group Benefits, Inc.TPA$12,112not reported in the loaded dataset2023
John HancockRECORDKEEPER$3,326$02023

Related Form 5500 pages