2023 Form 5500 filing — Nexans Usa Inc. Salaried And Hourly Pension 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 20241011082557NAL0010729747001) for Nexans Usa Inc. Salaried And Hourly Pension Plan, reported by Nexans Usa Inc. under EIN 56-2212188 and plan number 001. It reports 749 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011082557NAL0010729747001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Nexans Usa Inc.
- EIN
- 56-2212188
- Plan number
- 001
- Location
- Goose Creek, SC
- Participants
- 749
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $34,774,619
- Net assets (EOY)
- $34,774,619
- Employer contributions
- $1,100,000
- Total income / additions
- $6,468,774
- Benefits paid
- $9,137,925
- Administrative expenses
- $768,967
- Total expenses
- $9,906,892
- Net increase / (decrease)
- -$3,438,118
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Schwab Retirement Plan Services, In | NONE | $196,207 | not reported in the loaded dataset |
| Davis & Company Cpa | NONE | $24,900 | not reported in the loaded dataset |
| Charles Schwab & Co. Inc. | NONE | $0 | $0 |