2023 Form 5500 filing — Polar Beverages 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 20241015095749NAL0014356851003) for Polar Beverages Retirement Plan, reported by Polar Corp. under EIN 04-3026575 and plan number 002. It reports 1,856 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015095749NAL0014356851003
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Polar Corp.
- EIN
- 04-3026575
- Plan number
- 002
- Location
- Worcester, MA
- Participants
- 1,856
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $91,118,270
- Net assets (EOY)
- $91,118,270
- Employer contributions
- $1,122,234
- Participant contributions
- $7,773,360
- Total income / additions
- $21,390,371
- Benefits paid
- $5,799,861
- Administrative expenses
- $261,617
- Total expenses
- $6,006,893
- Net increase / (decrease)
- $15,383,478
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $93,039 | $0 |
| Global Retirement Partners LLC | ADVISORS BROKER DEALER | $65,085 | $0 |
| Summit Financial Corporation | TPA | $56,018 | $0 |
| Rpw Solutions LLC | TPA | $37,312 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGT | $9,024 | $0 |