Plan5500

Impower, Inc. 401(K) Plan — Form 5500 plan (Impower, 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, Impower, Inc. 401(K) Plan is a benefit plan reported by Impower, Inc. under EIN 65-0439778 and plan number 001. The latest loaded filing year is 2023. The filing reports 194 participants and $2,464,755 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Impower, Inc.
EIN
65-0439778
Plan number
001
Plan type
2
Location
Longwood, FL
Latest filing year
2023
Participants
194
End-of-year plan assets
$2,464,755

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023194H, C20240912095914NAL0014402336001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,464,755
Total liabilities (EOY)
$0
Net assets (EOY)
$2,464,755
Net assets (BOY)
$2,028,745

Income & contributions

Employer contributions
$35,149
Participant contributions
$301,438
Total contributions
$336,587
Total income / additions
$692,345

Expenses & distributions

Benefits paid
$225,856
Administrative expenses
$30,479
Total expenses
$256,335
Net increase / (decrease)
$436,010

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$16,126$02023
Merrill Lynch Pierce Fenner & SmithCONSULTANT$10,641$112023

Related Form 5500 pages