2023 Form 5500 filing — Jac Products, 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 20240722104413NAL0017313520001) for Jac Products, Inc. 401(K) Retirement Savings Plan, reported by Jac Products, Inc. under EIN 38-1888757 and plan number 003. It reports 1,599 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240722104413NAL0017313520001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Jac Products, Inc.
- EIN
- 38-1888757
- Plan number
- 003
- Location
- Saline, MI
- Participants
- 1,599
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $47,289,292
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $47,289,292
- Employer contributions
- $953,453
- Participant contributions
- $3,660,811
- Total income / additions
- $12,262,010
- Benefits paid
- $7,538,420
- Administrative expenses
- $202,085
- Total expenses
- $7,756,228
- Net increase / (decrease)
- $4,505,782
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $163,632 | $0 |
| Corecap Investments Inc | BROKER/ADVISER | $0 | $37,996 |
| Creative Financial Solutions, Inc. | INVESTMENT ADVISOR | $21,669 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $16,728 | not reported in the loaded dataset |