2023 Form 5500 filing — Daikin America, Inc. 401(K) Savings And 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 20240926113809NAL0000589857001) for Daikin America, Inc. 401(K) Savings And Retirement Plan, reported by Daikin America, Inc under EIN 63-1038060 and plan number 001. It reports 683 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240926113809NAL0000589857001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Daikin America, Inc
- EIN
- 63-1038060
- Plan number
- 001
- Location
- Orangeburg, NY
- Participants
- 683
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $169,525,806
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $169,525,806
- Employer contributions
- $6,391,751
- Participant contributions
- $5,820,761
- Total income / additions
- $36,456,199
- Benefits paid
- $19,415,484
- Administrative expenses
- $224,440
- Total expenses
- $19,654,626
- Net increase / (decrease)
- $16,801,573
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Retirement Servic | RETAINED BY EMPLOYER | $115,840 | $0 |
| Morgan Stanley Smith Barney LLC | RETAINED BY EMPLOYER | $75,000 | not reported in the loaded dataset |
| Eisneramper | RETAINED BY EMPLOYER | $33,600 | not reported in the loaded dataset |
| Raymond James & Associates | RETAINED BY EMPLOYER | $0 | $0 |