Department of Labor filing

INTELLIGENT BRANDS, INC.

INTELLIGENT BRANDS, INC. 401K PLAN · For the plan year ended Dec 31, 2023

Public filing 2023 · received Oct 14, 2024Verified current terms Not available

Plan at a glance

How good does the filing look?

62filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$302

Reported employer contributions per active participant.

Higher than about 58% of comparable plans

#People in the filing

527

Active participants reported for 2023.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$21 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 70% of comparable plans

↗Investment performance

Not available

Plan assets changed 19.6%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202362out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions58th percentileTypical peer $226 · based on 207 comparable plans

Lower reported administrative expense70th percentileTypical peer $37 · based on 229 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2023, INTELLIGENT BRANDS, INC. reported $159,410 in employer contributions across the plan and 527 active participants. That works out to $302 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy76%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 0.0%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 0.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context62/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $159,410
Participant contributions: $1,092,857
Other contributions: $36,148
Employer share of reported contributions: 12.7%
Beginning assets: $7,089,620
Ending assets: $8,481,792
Ending net assets: $8,481,792
Ending liabilities: $0
Total income: $2,469,402
Total expenses: $1,449,787
Administrative expenses: $15,832
Participant loans: $241,340

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2023

$302

Plan-paid administrative expenses per participant

2023

$21

Active participants

2023

527

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2023	$302	527	8.5M	20241014120501NAL0014888499001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.8%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 872240371-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2017
Industry: Accommodation and food services
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2A2E2F2G2J2K3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
VOYA RETIREMENT INSURANCE & ANNUITY	2023	Not reported	unknown

Current plan terms

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Filing ACK_ID20241014120501NAL0014888499001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗