2023 Form 5500 filing — Regal Beloit America, Inc. 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 20241014142648NAL0013449811001) for Regal Beloit America, Inc. Pension Plan, reported by Regal Beloit America, Inc. under EIN 39-0449780 and plan number 007. It reports 3,710 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014142648NAL0013449811001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Regal Beloit America, Inc.
- EIN
- 39-0449780
- Plan number
- 007
- Location
- Milwaukee, WI
- Participants
- 3,710
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $167,731,819
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $167,731,819
- Employer contributions
- $2,834,000
- Total income / additions
- $19,299,944
- Benefits paid
- $11,752,331
- Administrative expenses
- $2,244,429
- Total expenses
- $13,996,760
- Net increase / (decrease)
- $5,303,184
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mercer Investments LLC | INVESTMENT ADVISORY | $311,823 | not reported in the loaded dataset |
| Aon | ACTUARY | $303,404 | not reported in the loaded dataset |
| Principal Life Insurance Company | RECORDKEEPER/BOOKKEEPER | $183,754 | not reported in the loaded dataset |
| Principal Custody Solutions | TRUSTEE | $62,823 | not reported in the loaded dataset |