2023 Form 5500 filing — Drexel Chemical Company Money Purchase Pension Plan And 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 20241014094247NAL0026932849001) for Drexel Chemical Company Money Purchase Pension Plan And Trust, reported by Drexel Chemical Company under EIN 62-0873303 and plan number 001. It reports 221 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014094247NAL0026932849001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Drexel Chemical Company
- EIN
- 62-0873303
- Plan number
- 001
- Location
- Memphis, TN
- Participants
- 221
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,114,434
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,114,434
- Employer contributions
- $755,779
- Total income / additions
- $1,485,637
- Benefits paid
- $479,726
- Administrative expenses
- $51,755
- Total expenses
- $531,481
- Net increase / (decrease)
- $954,156
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| First Horizon Bank | NONE | $36,619 | not reported in the loaded dataset |
| Ata Cpas & Advisors Pllc | NONE | $9,500 | not reported in the loaded dataset |
| Acuff & Associates, Inc. | NONE | $5,636 | not reported in the loaded dataset |