Fashion Institute Of Design And Merchandising 401(K) Plan — Form 5500 plan (Fashion Institute Of Design And Merchandising)

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, Fashion Institute Of Design And Merchandising 401(K) Plan is a benefit plan reported by Fashion Institute Of Design And Merchandising under EIN 95-2700597 and plan number 001. The latest loaded filing year is 2023. The filing reports 510 participants and $23,960,833 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$24MPlan net assets, end of year$23,960,833
Participants510Covered participants reported
Assets / participant$47KComputed: assets ÷ participants$46,982 (computed)
Provider compensation$49.2K2 Schedule C provider row(s)$49,161
Plan sponsor
Fashion Institute Of Design And Merchandising
EIN
95-2700597
Plan number
001
Plan type
2
Location
Los Angeles, CA
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    510 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$24M total assets
Net assets$24MLiabilities$0
Money in vs. money out
Total income / additions$5.9M
Total expenses$10.1M
Benefits paid / distributions$10M
Contributions
EmployerNot reported
Participant$986.5K
Full reported line items

Net assets

Total assets (EOY)
$23,960,833
Total liabilities (EOY)
$0
Net assets (EOY)
$23,960,833
Net assets (BOY)
$28,194,748

Income & contributions

Participant contributions
$986,474
Total contributions
$986,474
Total income / additions
$5,850,058

Expenses & distributions

Benefits paid
$9,984,318
Administrative expenses
$98,510
Total expenses
$10,083,973
Net increase / (decrease)
-$4,233,915
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets42%Computed ratio
Benefits paid ÷ total income171%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    RIA · Direct $43.7K
  2. 2
    RECORD KEEPER · Direct $5.5K · Indirect $0

Related Form 5500 pages