2023 Form 5500 filing — Akebono Brake Corporation 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 20241004110207NAL0019497360001) for Akebono Brake Corporation Retirement Savings Plan, reported by Akebono Brake Corporation under EIN 36-3993763 and plan number 001. It reports 1,700 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241004110207NAL0019497360001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Akebono Brake Corporation
- EIN
- 36-3993763
- Plan number
- 001
- Location
- Farmington Hills, MI
- Participants
- 1,700
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $145,397,135
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $145,397,135
- Employer contributions
- $2,136,922
- Participant contributions
- $4,089,797
- Total income / additions
- $27,964,922
- Benefits paid
- $14,623,425
- Administrative expenses
- $140,124
- Total expenses
- $14,730,574
- Net increase / (decrease)
- $13,234,348
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Usi Advisors, Inc. | INVESTMENT ADVISOR | $91,875 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $69,421 | not reported in the loaded dataset |
| Bkd Cpas & Advisors | ACCOUNTANT/AUDITOR | $20,895 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$41,924 | $0 |