2023 Form 5500 filing — Albany International Corp. Prosperity Plus 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 20241004094214NAL0011269185001) for Albany International Corp. Prosperity Plus Savings Plan, reported by Albany International Corp. under EIN 14-0462060 and plan number 025. It reports 2,792 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241004094214NAL0011269185001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Albany International Corp.
- EIN
- 14-0462060
- Plan number
- 025
- Location
- Rochester, NH
- Participants
- 2,792
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $447,510,354
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $447,510,354
- Employer contributions
- $12,064,979
- Participant contributions
- $14,952,801
- Total income / additions
- $90,887,762
- Benefits paid
- $41,613,385
- Administrative expenses
- $344,182
- Total expenses
- $41,869,871
- Net increase / (decrease)
- $49,017,891
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| The Vanguard Group, Inc. | NONE | $234,566 | $0 |
| Vanguard Advisers Inc. | NONE | $126,155 | not reported in the loaded dataset |