Ifit Inc. 401(K) Plan — Form 5500 plan (Ifit 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, Ifit Inc. 401(K) Plan is a benefit plan reported by Ifit Inc. under EIN 87-0531206 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,335 participants and $69,019,197 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ifit Inc.
EIN
87-0531206
Plan number
001
Plan type
2
Location
Logan, UT
Latest filing year
2023
Participants
1,335
End-of-year plan assets
$69,019,197

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,335H, C20240919140551NAL0003602819001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$69,019,197
Total liabilities (EOY)
$0
Net assets (EOY)
$69,019,197
Net assets (BOY)
$60,092,487

Income & contributions

Employer contributions
$793,954
Participant contributions
$4,261,688
Total contributions
$5,572,817
Total income / additions
$18,924,820

Expenses & distributions

Benefits paid
$9,767,108
Administrative expenses
$101,161
Total expenses
$9,998,110
Net increase / (decrease)
$8,926,710

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch, Pierce, Fenner And SRECORDKEEPER$88,092$02023
Soltis Investment Advisors, LLCCONSULTANT$14,013not reported in the loaded dataset2023

Related Form 5500 pages