2023 Form 5500 filing — Hyundai Power Transformers Usa 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 20241017140736NAL0016383923001) for Hyundai Power Transformers Usa 401(K) Plan, reported by Hyundai Power Transformers Usa under EIN 27-3200902 and plan number 001. It reports 332 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241017140736NAL0016383923001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hyundai Power Transformers Usa
- EIN
- 27-3200902
- Plan number
- 001
- Location
- Montgomery, AL
- Participants
- 332
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,711,891
- Total liabilities (EOY)
- $50
- Net assets (EOY)
- $6,711,841
- Employer contributions
- $296,004
- Participant contributions
- $875,491
- Total income / additions
- $2,189,730
- Benefits paid
- $860,492
- Administrative expenses
- $43,039
- Total expenses
- $903,531
- Net increase / (decrease)
- $1,286,199
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Morgan Stanley Global Banking Opera | ADVISORY/SERVICE PROVIDE | $23,040 | not reported in the loaded dataset |
| Nationwide Trust Company Fsb | ADVISORY/SERVICE PROVIDE | $12,172 | not reported in the loaded dataset |
| Avintus, LLC | TPA | $7,951 | not reported in the loaded dataset |
| Nationwide | RECORDKEEPER | $6 | $305 |