Plan5500

Ips 401(K) Plan — Form 5500 plan (Industrial Piping Specialists, 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, Ips 401(K) Plan is a benefit plan reported by Industrial Piping Specialists, Inc. under EIN 73-1288897 and plan number 001. The latest loaded filing year is 2023. The filing reports 362 participants and $30,955,626 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Industrial Piping Specialists, Inc.
EIN
73-1288897
Plan number
001
Plan type
2
Location
Tulsa, OK
Latest filing year
2023
Participants
362
End-of-year plan assets
$30,955,626

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023362H, C20240905094309NAL0010301779001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$30,955,626
Total liabilities (EOY)
$30,513
Net assets (EOY)
$30,925,113
Net assets (BOY)
$27,277,988

Income & contributions

Employer contributions
$974,307
Participant contributions
$1,705,718
Total contributions
$2,777,556
Total income / additions
$7,375,905

Expenses & distributions

Benefits paid
$3,577,094
Administrative expenses
$151,686
Total expenses
$3,728,780
Net increase / (decrease)
$3,647,125

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Intrust Bank, N.A.NONE$124,536not reported in the loaded dataset2023
Hogantaylor LlpNONE$16,400not reported in the loaded dataset2023
Benefit Resources, Inc.NONE$10,750not reported in the loaded dataset2023

Related Form 5500 pages