2023 Form 5500 filing — Braskem 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 20241002081928NAL0014574224001) for Braskem Retirement Savings Plan, reported by Braskem America, Inc. under EIN 25-1534498 and plan number 001. It reports 965 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002081928NAL0014574224001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Braskem America, Inc.
- EIN
- 25-1534498
- Plan number
- 001
- Location
- Philadelphia, PA
- Participants
- 965
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $201,277,652
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $201,277,652
- Employer contributions
- $8,013,623
- Participant contributions
- $10,862,570
- Total income / additions
- $47,796,818
- Benefits paid
- $12,674,901
- Administrative expenses
- $301,463
- Total expenses
- $12,976,656
- Net increase / (decrease)
- $34,820,162
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $165,989 | $0 |
| Morningstar Investment Management | SERVICE PROVIDER | $46,763 | $29,611 |
| Retirement Rx | SERVICE PROVIDER | $35,500 | not reported in the loaded dataset |
| Voya Retirement Advisors, LLC | SERVICE PROVIDER | $32,512 | not reported in the loaded dataset |
| Plante Moran Pllc | SERVICE PROVIDER | $20,700 | not reported in the loaded dataset |