2023 Form 5500 filing — Lg Energy Solution Michigan, Inc. 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 20241210132021NAL0020970466001) for Lg Energy Solution Michigan, Inc. 401(K) Plan, reported by Lg Energy Solution Michigan, Inc. under EIN 84-1563669 and plan number 001. It reports 3,630 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241210132021NAL0020970466001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lg Energy Solution Michigan, Inc.
- EIN
- 84-1563669
- Plan number
- 001
- Location
- Holland, MI
- Participants
- 3,630
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $65,314,024
- Total liabilities (EOY)
- $751
- Net assets (EOY)
- $65,313,273
- Employer contributions
- $6,177,756
- Participant contributions
- $12,097,496
- Total income / additions
- $31,615,979
- Benefits paid
- $6,959,451
- Administrative expenses
- $177,516
- Total expenses
- $7,190,637
- Net increase / (decrease)
- $24,425,342
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $107,444 | $0 |
| Rbc Wealth Management | ADVISOR | $36,171 | not reported in the loaded dataset |
| Nfp Retirement Inc | ADVISOR | $33,901 | not reported in the loaded dataset |