2023 Form 5500 filing — Velux America LLC 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 20250123152702NAL0006838161001) for Velux America LLC 401(K) Retirement Plan, reported by Velux America LLC under EIN 04-2559488 and plan number 001. It reports 990 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$118.2MReported net assets$118,164,595
Participants990
Provider compensation$151.9K2 Schedule C row(s)$151,859
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20250123152702NAL0006838161001
- Plan sponsor
- Velux America LLC
- EIN
- 04-2559488
- Plan number
- 001
- Location
- Greenwood, SC
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$118.2M total assets
Net assets$118.2MLiabilities$0
Full reported line items
- Total assets (EOY)
- $118,164,595
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $118,164,595
- Employer contributions
- $2,597,379
- Participant contributions
- $4,765,773
- Total income / additions
- $26,105,361
- Benefits paid
- $12,049,404
- Administrative expenses
- $151,859
- Total expenses
- $12,201,263
- Net increase / (decrease)
- $13,904,098
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $151,859 | $0 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |