2023 Form 5500 filing — Igus Bearings, Inc. 401(K) 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 20241003112300NAL0010471217001) for Igus Bearings, Inc. 401(K) Plan, reported by Igus Bearings, Inc. under EIN 05-0419384 and plan number 002. It reports 472 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003112300NAL0010471217001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Igus Bearings, Inc.
- EIN
- 05-0419384
- Plan number
- 002
- Location
- East Providence, RI
- Participants
- 472
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $29,120,661
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $29,120,661
- Employer contributions
- $800,255
- Participant contributions
- $2,021,408
- Total income / additions
- $7,862,879
- Benefits paid
- $3,492,476
- Administrative expenses
- $5,644
- Total expenses
- $3,499,317
- Net increase / (decrease)
- $4,363,562
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Osaic Wealth Inc | ADVISOR | $0 | $46,687 |
| Fidelity Investments Institutional | RECORDKEEPER | -$36,856 | $0 |