Innovative Management Concepts, Inc. 401(K) Plan — Form 5500 plan (Innovative Management Concepts, 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, Innovative Management Concepts, Inc. 401(K) Plan is a benefit plan reported by Innovative Management Concepts, Inc. under EIN 54-1516173 and plan number 001. The latest loaded filing year is 2023. The filing reports 281 participants and $15,481,572 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Innovative Management Concepts, Inc.
- EIN
- 54-1516173
- Plan number
- 001
- Plan type
- 2
- Location
- Blairsville, GA
- Latest filing year
- 2023
- Participants
- 281
- End-of-year plan assets
- $15,481,572
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 281 | H | 20241009104443NAL0009118019002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,481,572
- Net assets (EOY)
- $15,481,572
- Net assets (BOY)
- $11,756,336
Income & contributions
- Employer contributions
- $400,233
- Participant contributions
- $1,450,451
- Total contributions
- $1,975,663
- Total income / additions
- $5,340,296
Expenses & distributions
- Benefits paid
- $1,597,412
- Administrative expenses
- $1,200
- Total expenses
- $1,615,060
- Net increase / (decrease)
- $3,725,236
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.