2023 Form 5500 filing — Power Grid Components, Inc 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 20241015112927NAL0016231971001) for Power Grid Components, Inc Retirement Plan, reported by Power Grid Components, Inc. under EIN 82-3285608 and plan number 001. It reports 302 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015112927NAL0016231971001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Power Grid Components, Inc.
- EIN
- 82-3285608
- Plan number
- 001
- Location
- Bessemer, AL
- Participants
- 302
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,600,117
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,600,117
- Employer contributions
- $418,023
- Participant contributions
- $1,040,492
- Total income / additions
- $2,551,967
- Benefits paid
- $701,408
- Administrative expenses
- $56,439
- Total expenses
- $757,847
- Net increase / (decrease)
- $1,794,120
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| The Vanguard Group, Inc. | NONE | $29,497 | $0 |
| Faircourt Partners, LLC | NONE | $26,941 | not reported in the loaded dataset |