The Inspirational Network 401(K) Benefit Plan — Form 5500 plan (The Inspirational Network, 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, The Inspirational Network 401(K) Benefit Plan is a benefit plan reported by The Inspirational Network, Inc. under EIN 57-0931093 and plan number 001. The latest loaded filing year is 2023. The filing reports 744 participants and $44,983,440 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
The Inspirational Network, Inc.
EIN
57-0931093
Plan number
001
Plan type
2
Location
Indian Land, SC
Latest filing year
2023
Participants
744
End-of-year plan assets
$44,983,440

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023744H, C20241009072625NAL0017978161001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$44,983,440
Total liabilities (EOY)
$0
Net assets (EOY)
$44,983,440
Net assets (BOY)
$33,707,804

Income & contributions

Employer contributions
$2,478,882
Participant contributions
$4,517,632
Total contributions
$8,630,405
Total income / additions
$14,472,161

Expenses & distributions

Benefits paid
$3,131,263
Administrative expenses
$64,666
Total expenses
$3,196,525
Net increase / (decrease)
$11,275,636

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$64,646$02023

Related Form 5500 pages