2023 Form 5500 filing — Nexteer Automotive Hourly 401(K) 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 20241014101106NAL0025894465001) for Nexteer Automotive Hourly 401(K) Retirement Plan, reported by Nexteer Automotive Corporation under EIN 26-1668808 and plan number 002. It reports 2,449 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014101106NAL0025894465001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Nexteer Automotive Corporation
- EIN
- 26-1668808
- Plan number
- 002
- Location
- Saginaw, MI
- Participants
- 2,449
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $160,388,574
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $160,388,574
- Employer contributions
- $4,678,008
- Participant contributions
- $6,911,361
- Total income / additions
- $35,550,838
- Benefits paid
- $13,725,800
- Administrative expenses
- $105,402
- Total expenses
- $13,832,316
- Net increase / (decrease)
- $21,718,522
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $105,402 | $0 |