2023 Form 5500 filing — Prysmian Group 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 20241009160021NAL0018708785001) for Prysmian Group 401(K) Plan, reported by Prysmian Cables And Systems (Us) Inc. under EIN 57-1061511 and plan number 007. It reports 6,642 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009160021NAL0018708785001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Prysmian Cables And Systems (Us) Inc.
- EIN
- 57-1061511
- Plan number
- 007
- Location
- Highland Heights, KY
- Participants
- 6,642
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $638,367,721
- Total liabilities (EOY)
- $60,360
- Net assets (EOY)
- $638,307,361
- Employer contributions
- $18,040,182
- Participant contributions
- $25,849,158
- Total income / additions
- $150,802,948
- Benefits paid
- $76,186,028
- Administrative expenses
- $491,359
- Total expenses
- $76,774,727
- Net increase / (decrease)
- $74,028,221
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $374,211 | $0 |
| Highland Consulting Associates, In | CONSULTANT | $79,494 | not reported in the loaded dataset |
| Elliott Davis, LLC/Pllc | ACCOUNTANT/AUDITOR | $25,580 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $12,074 | not reported in the loaded dataset |