2023 Form 5500 filing — Adac Plastics, Inc. Retirement 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 20240911093510NAL0006851857001) for Adac Plastics, Inc. Retirement Plan, reported by Adac Plastics, Inc. under EIN 38-2085222 and plan number 001. It reports 1,061 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240911093510NAL0006851857001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Adac Plastics, Inc.
- EIN
- 38-2085222
- Plan number
- 001
- Location
- Grand Rapids, MI
- Participants
- 1,061
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $59,638,183
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $59,638,183
- Employer contributions
- $932,970
- Participant contributions
- $4,341,791
- Total income / additions
- $14,989,250
- Benefits paid
- $11,025,439
- Administrative expenses
- $179,539
- Total expenses
- $11,219,062
- Net increase / (decrease)
- $3,770,188
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $129,586 | $0 |
| Wells Fargo Advisors | INVESTMENT ADVISORY | $37,458 | $0 |
| Wells Fargo Advisors | INVESTMENT ADVISORY | $12,495 | not reported in the loaded dataset |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |