Ikav Energy Inc. 401(K) Plan — Form 5500 plan (Ikav Energy 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, Ikav Energy Inc. 401(K) Plan is a benefit plan reported by Ikav Energy Inc. under EIN 84-4565981 and plan number 001. The latest loaded filing year is 2023. The filing reports 233 participants and $12,351,619 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ikav Energy Inc.
- EIN
- 84-4565981
- Plan number
- 001
- Plan type
- 2
- Location
- Durango, CO
- Latest filing year
- 2023
- Participants
- 233
- End-of-year plan assets
- $12,351,619
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 233 | H, C | 20241007091243NAL0015856465001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,351,619
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,351,619
- Net assets (BOY)
- $8,475,051
Income & contributions
- Employer contributions
- $684,760
- Participant contributions
- $1,986,651
- Total contributions
- $3,484,110
- Total income / additions
- $5,020,727
Expenses & distributions
- Benefits paid
- $1,077,522
- Administrative expenses
- $52,191
- Total expenses
- $1,144,159
- Net increase / (decrease)
- $3,876,568
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins. Co. Of Amer. | RECORDKEEPER | $38,690 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $15,655 | not reported in the loaded dataset | 2023 |
| Employee Benefits Group, LLC | CONTRACT ADMIN | $0 | $9,919 | 2023 |