401(k)
2022 plan-year 401(k) DOL Form 5500

IDEC CORPORATION PROFIT SHARING AND SHARED SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

IDEC CORPORATION

This 401(k) plan holds $20M in total assets and serves 95 participants as of 2022. It is sponsored by IDEC CORPORATION in California. The plan reported a net loss of $2M for the year.

Total Assets (2023)
$20M
Participants
95
State
Industry
Wholesale Trade

What the Filing Says About IDEC CORPORATION PROFIT SHARING AND SHARED SAVINGS PLAN

IDEC CORPORATION PROFIT SHARING AND SHARED SAVINGS PLAN is a 401(k) retirement plan sponsored by IDEC CORPORATION, headquartered in California. As of the 2022 Form 5500 filing, the plan reports $20M in total end-of-year assets and covers 95 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 942303484, and the plan has been effective since 1981-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $22M at the beginning of 2022 to $20M at year-end — a decline of 8.5%. Net assets (after liabilities) closed the year at $20M, with reported net income of $-1,823,100 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$22M
Total Assets (End of Year)$20M
Net Assets (End of Year)$20M
Net Income$-1,823,100
Plan Type401(k)
Employer EIN942303484
Plan Effective Date1981-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IDEC CORPORATION)

Year Plans Participants Total Assets
2022 1 95 $20M
2023 1 92 $22M
2024 1 92 $22M

Nearby 401(k) Plans in California

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Frequently Asked Questions

How much money is in the IDEC CORPORATION PROFIT SHARING AND SHARED SAVINGS PLAN?
As of the 2022 Form 5500 filing, IDEC CORPORATION PROFIT SHARING AND SHARED SAVINGS PLAN holds $20M in total assets with 95 participants. It is sponsored by IDEC CORPORATION.
What type of plan is IDEC CORPORATION PROFIT SHARING AND SHARED SAVINGS PLAN?
IDEC CORPORATION PROFIT SHARING AND SHARED SAVINGS PLAN is a 401(k) plan. It has been effective since 1981-04-01. The plan is filed with the U.S. Department of Labor under EIN 942303484.
Who sponsors the IDEC CORPORATION PROFIT SHARING AND SHARED SAVINGS PLAN?
IDEC CORPORATION PROFIT SHARING AND SHARED SAVINGS PLAN is sponsored by IDEC CORPORATION, located in California. The sponsor's EIN is 942303484 and the plan operates in the Wholesale Trade industry.
How did IDEC CORPORATION PROFIT SHARING AND SHARED SAVINGS PLAN perform in 2022?
IDEC CORPORATION PROFIT SHARING AND SHARED SAVINGS PLAN declined by 8.5% during 2022, moving from $22M to $20M in total assets. Net income was $-1,823,100.
Where can I find official filings for IDEC CORPORATION PROFIT SHARING AND SHARED SAVINGS PLAN?
Official Form 5500 filings for IDEC CORPORATION PROFIT SHARING AND SHARED SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 942303484 or plan name at efast.dol.gov.
How does IDEC CORPORATION PROFIT SHARING AND SHARED SAVINGS PLAN compare to other plans?
You can compare IDEC CORPORATION PROFIT SHARING AND SHARED SAVINGS PLAN against other 401(k) plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 942303484.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.