2023 Form 5500 filing — Elkem Silicones Usa Corp. 401(K) Profit Sharing 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 20241015140914NAL0028708849001) for Elkem Silicones Usa Corp. 401(K) Profit Sharing Plan, reported by Elkem Silicones Usa Corp. under EIN 65-1296154 and plan number 001. It reports 334 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015140914NAL0028708849001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Elkem Silicones Usa Corp.
- EIN
- 65-1296154
- Plan number
- 001
- Location
- East Brunswick, NJ
- Participants
- 334
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $59,559,567
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $59,559,567
- Employer contributions
- $2,117,256
- Participant contributions
- $2,385,232
- Total income / additions
- $14,088,217
- Benefits paid
- $6,029,671
- Administrative expenses
- $98,083
- Total expenses
- $6,129,336
- Net increase / (decrease)
- $7,958,881
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cbiz Investment Advisory Services | ADVISOR | $48,009 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $34,490 | $0 |
| Cbiz | BROKER | $15,810 | not reported in the loaded dataset |