2023 Form 5500 filing — Universal Bearings LLC Profit Sharing Plan & Trust
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 20241008084510NAL0017304529001) for Universal Bearings LLC Profit Sharing Plan & Trust, reported by Universal Bearings, LLC under EIN 26-0762205 and plan number 001. It reports 362 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008084510NAL0017304529001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Universal Bearings, LLC
- EIN
- 26-0762205
- Plan number
- 001
- Location
- Bremen, IN
- Participants
- 362
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $24,844,311
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,844,311
- Employer contributions
- $553,087
- Participant contributions
- $873,919
- Total income / additions
- $4,100,993
- Benefits paid
- $1,360,257
- Administrative expenses
- $116,936
- Total expenses
- $1,477,193
- Net increase / (decrease)
- $2,623,800
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $83,455 | $0 |
| Robert W. Baird & Co. Incorporated | NONE | $33,440 | not reported in the loaded dataset |