Iowa Beverage Systems, Inc. Employees' Profit Sharing And 401(K) Plan — Form 5500 plan (Iowa Beverage Systems, 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 Beverage Systems, Inc. Employees' Profit Sharing And 401(K) Plan is a benefit plan reported by Iowa Beverage Systems, Inc. under EIN 42-1315877 and plan number 001. The latest loaded filing year is 2023. The filing reports 348 participants and $18,132,506 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Iowa Beverage Systems, Inc.
- EIN
- 42-1315877
- Plan number
- 001
- Plan type
- 2
- Location
- Des Moines, IA
- Latest filing year
- 2023
- Participants
- 348
- End-of-year plan assets
- $18,132,506
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 348 | H, C | 20241008150939NAL0008500115001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,132,506
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,132,506
- Net assets (BOY)
- $14,851,980
Income & contributions
- Employer contributions
- $362,106
- Participant contributions
- $892,073
- Total contributions
- $1,414,044
- Total income / additions
- $4,238,937
Expenses & distributions
- Benefits paid
- $878,407
- Administrative expenses
- $79,728
- Total expenses
- $958,411
- Net increase / (decrease)
- $3,280,526
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $79,727 | $0 | 2023 |
| Edward Jones | INVESTMENT ADVISORY | $0 | $39,377 | 2023 |
| Qualified Plan Consultants, LLC | OTHER SERVICES | $0 | $6,678 | 2023 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Iowa Beverage Systems, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in IA
- 401(k) and benefit plan filings in Des Moines, IA
- Principal Life Insurance Company — Schedule C compensation
- Edward Jones — Schedule C compensation
- Qualified Plan Consultants, LLC — Schedule C compensation
- Wilshire Associates Incorporated — Schedule C compensation