Ideal Option Pllc 401(K) Plan — Form 5500 plan (Ideal Option Pllc)
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 Option Pllc 401(K) Plan is a benefit plan reported by Ideal Option Pllc under EIN 45-5513274 and plan number 001. The latest loaded filing year is 2023. The filing reports 744 participants and $9,219,433 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ideal Option Pllc
- EIN
- 45-5513274
- Plan number
- 001
- Plan type
- 2
- Location
- Kennewick, WA
- Latest filing year
- 2023
- Participants
- 744
- End-of-year plan assets
- $9,219,433
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 744 | H, C | 20241014100720NAL0026984513001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,219,433
- Total liabilities (EOY)
- $281,861
- Net assets (EOY)
- $8,937,572
- Net assets (BOY)
- $6,855,095
Income & contributions
- Employer contributions
- $178,740
- Participant contributions
- $1,591,514
- Total contributions
- $1,876,861
- Total income / additions
- $3,264,380
Expenses & distributions
- Benefits paid
- $814,200
- Administrative expenses
- $85,842
- Total expenses
- $1,181,903
- Net increase / (decrease)
- $2,082,477
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lpl Financial LLC - Rpcp | ADVISOR | $53,017 | not reported in the loaded dataset | 2023 |
| Nationwide | RECORDKEEPER | $24,512 | $68 | 2023 |
| Cascade 401(K) Consultants, LLC | TPA | $8,319 | not reported in the loaded dataset | 2023 |