2023 Form 5500 filing — Albireo Energy, LLC 401(K) 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 20241015163336NAL0016885187001) for Albireo Energy, LLC 401(K) Plan, reported by Albireo Energy, LLC under EIN 35-2507715 and plan number 001. It reports 1,258 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015163336NAL0016885187001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Albireo Energy, LLC
- EIN
- 35-2507715
- Plan number
- 001
- Location
- Edison, NJ
- Participants
- 1,258
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $82,537,929
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $82,537,929
- Employer contributions
- $2,000,379
- Participant contributions
- $7,273,791
- Total income / additions
- $22,444,762
- Benefits paid
- $10,325,530
- Administrative expenses
- $73,530
- Total expenses
- $10,419,060
- Net increase / (decrease)
- $12,025,702
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Global Retirement Partners LLC | SERVICE PROVIDER | $0 | $92,987 |
| Ascensus | THIRD PARTY ADMINISTRATO | $0 | $36,205 |
| Barnes Wendling | SERVICE PROVIDER | $29,150 | not reported in the loaded dataset |