2023 Form 5500 filing — Kvaerner Consolidated 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 20241015102012NAL0029234961001) for Kvaerner Consolidated Retirement Plan, reported by Aker Solutions Inc. under EIN 76-0423235 and plan number 003. It reports 1,608 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015102012NAL0029234961001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Aker Solutions Inc.
- EIN
- 76-0423235
- Plan number
- 003
- Location
- Houston, TX
- Participants
- 1,608
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $29,727,233
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $29,727,233
- Employer contributions
- $975,000
- Total income / additions
- $3,221,036
- Benefits paid
- $3,644,731
- Administrative expenses
- $607,756
- Total expenses
- $4,252,487
- Net increase / (decrease)
- -$1,031,451
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | NONE | $80,908 | $0 |
| Jp Morgan Chase | NONE | $41,994 | not reported in the loaded dataset |
| Gary A Nagler Pllc | NONE | $18,090 | not reported in the loaded dataset |
| Pannell Kerr Forster Of Texas Pc | NONE | $16,036 | $0 |
| Mpc Capital Advisors LLC | NONE | $11,250 | not reported in the loaded dataset |
| Citibank Na | NONE | $9,947 | $0 |
| Western Asset Management Company | NONE | $5,089 | not reported in the loaded dataset |