2023 Form 5500 filing — Sandvik 401(K) 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 20241015153321NAL0016763571001) for Sandvik 401(K) Retirement Plan, reported by Sandvik, Inc. under EIN 22-1717737 and plan number 006. It reports 4,235 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015153321NAL0016763571001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sandvik, Inc.
- EIN
- 22-1717737
- Plan number
- 006
- Location
- Mebane, NC
- Participants
- 4,235
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $624,019,207
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $624,019,207
- Employer contributions
- $22,516,448
- Participant contributions
- $19,636,600
- Total income / additions
- $143,196,469
- Benefits paid
- $58,873,420
- Administrative expenses
- $138,391
- Total expenses
- $59,018,499
- Net increase / (decrease)
- $84,177,970
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| T Rowe Price Rps Inc | NONE | $68,163 | $0 |
| Crowe LLC | NONE | $38,664 | not reported in the loaded dataset |
| Buck Global LLC | NONE | $31,650 | not reported in the loaded dataset |