2023 Form 5500 filing — Louis Padnos Iron & Metal Company Savings And Retirement 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 20241013153639NAL0025958801001) for Louis Padnos Iron & Metal Company Savings And Retirement Plan, reported by Louis Padnos Iron & Metal Company under EIN 38-1283690 and plan number 001. It reports 1,072 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241013153639NAL0025958801001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Louis Padnos Iron & Metal Company
- EIN
- 38-1283690
- Plan number
- 001
- Location
- Grandville, MI
- Participants
- 1,072
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $94,961,162
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $94,961,162
- Employer contributions
- $3,855,750
- Participant contributions
- $3,333,294
- Total income / additions
- $18,763,241
- Benefits paid
- $6,344,813
- Administrative expenses
- $131,645
- Total expenses
- $6,476,458
- Net increase / (decrease)
- $12,286,783
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Granite Group Advisors | ADVISOR | $59,295 | not reported in the loaded dataset |
| Newport Group, Inc. | RECORDKEEPER | $58,456 | $0 |