2023 Form 5500 filing — Iacna Hourly Employees Retirement Savings 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 20241014094721NAL0013081395001) for Iacna Hourly Employees Retirement Savings Plan, reported by International Automotive Components Group North America under EIN 20-8306510 and plan number 002. It reports 2,881 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$55MReported net assets$54,952,892
Participants2.9K2,881
Provider compensation$164K3 Schedule C row(s)$163,973
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241014094721NAL0013081395001
Plan sponsor
International Automotive Components Group North America
EIN
20-8306510
Plan number
002
Location
Southfield, MI
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$55M total assets
Net assets$55MLiabilities$0
Money in vs. money out
Total income / additions$11.3M
Total expenses$7.6M
Benefits paid / distributions$7.4M
Contributions
Employer$555.6K
Participant$1.6M
Full reported line items
Total assets (EOY)
$54,952,892
Total liabilities (EOY)
$0
Net assets (EOY)
$54,952,892
Employer contributions
$555,613
Participant contributions
$1,624,569
Total income / additions
$11,301,339
Benefits paid
$7,428,631
Administrative expenses
$163,973
Total expenses
$7,597,633
Net increase / (decrease)
$3,703,706

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Fidelity Investments InstitutionalRECORDKEEPER$90,008$0
Willis Towers WatsonCONSULTANT$45,000not reported in the loaded dataset
Strategic Advisors, Inc.ADVISOR$28,965not reported in the loaded dataset

Related Form 5500 pages