Iq Solutions, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Iq Solutions, 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, Iq Solutions, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Iq Solutions, Inc. under EIN 52-1840355 and plan number 001. The latest loaded filing year is 2023. The filing reports 305 participants and $24,640,948 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Iq Solutions, Inc.
EIN
52-1840355
Plan number
001
Plan type
2
Location
North Bethesda, MD
Latest filing year
2023
Participants
305
End-of-year plan assets
$24,640,948

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023305H, C20240918085136NAL0004262641001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$24,640,948
Total liabilities (EOY)
$0
Net assets (EOY)
$24,640,948
Net assets (BOY)
$19,977,172

Income & contributions

Employer contributions
$430,498
Participant contributions
$1,364,413
Total contributions
$1,977,159
Total income / additions
$5,843,864

Expenses & distributions

Benefits paid
$1,066,902
Administrative expenses
$113,186
Total expenses
$1,180,088
Net increase / (decrease)
$4,663,776

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Acap Asset Management, Inc.NONE$85,363not reported in the loaded dataset2023
The Vanguard Group, Inc.NONE$27,824$02023

Related Form 5500 pages