Itac Esop Retirement Plan And Trust — Form 5500 plan (Industrial Turnaround Corporation)
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, Itac Esop Retirement Plan And Trust is a benefit plan reported by Industrial Turnaround Corporation under EIN 54-1453225 and plan number 002. The latest loaded filing year is 2023. The filing reports 540 participants and $8,844,097 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Industrial Turnaround Corporation
- EIN
- 54-1453225
- Plan number
- 002
- Plan type
- 2
- Location
- Chester, VA
- Latest filing year
- 2023
- Participants
- 540
- End-of-year plan assets
- $8,844,097
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 540 | H, C | 20241014075349NAL0014618867001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,844,097
- Total liabilities (EOY)
- $1,375
- Net assets (EOY)
- $8,842,722
- Net assets (BOY)
- $6,584,728
Income & contributions
- Employer contributions
- $123,422
- Total contributions
- $1,550,906
- Total income / additions
- $2,472,661
Expenses & distributions
- Benefits paid
- $178,738
- Administrative expenses
- $35,929
- Total expenses
- $214,667
- Net increase / (decrease)
- $2,257,994
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Pfg | PLAN ADMINISTRATOR | $32,740 | not reported in the loaded dataset | 2023 |