2023 Form 5500 filing — The Esab Group, Inc. 401(K) Retirement Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240612155949NAL0013980675001) for The Esab Group, Inc. 401(K) Retirement Savings Plan, reported by The Esab Group, Inc. under EIN 84-0966648 and plan number 001. It reports 1,694 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240612155949NAL0013980675001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Esab Group, Inc.
- EIN
- 84-0966648
- Plan number
- 001
- Location
- North Bethesda, MD
- Participants
- 1,694
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $201,120,660
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $201,120,660
- Employer contributions
- $6,133,394
- Participant contributions
- $8,208,532
- Total income / additions
- $46,980,579
- Benefits paid
- $26,002,919
- Administrative expenses
- $227,235
- Total expenses
- $26,242,942
- Net increase / (decrease)
- $20,737,637
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $112,109 | $0 |
| Strategic Advisors, Inc. | ADVISOR | $53,587 | not reported in the loaded dataset |
| Bdo Usa, Llp | ACCOUNTANT/AUDITOR | $51,419 | not reported in the loaded dataset |
| Isler Dare, P.C. | CONS/ATTORNEY/LEGAL | $10,120 | not reported in the loaded dataset |