2023 Form 5500 filing — Polyplex Usa 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 20250410085220NAL0042373826001) for Polyplex Usa LLC 401(K) Plan, reported by Polyplex Usa LLC under EIN 45-2777778 and plan number 001. It reports 272 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250410085220NAL0042373826001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Polyplex Usa LLC
- EIN
- 45-2777778
- Plan number
- 001
- Location
- Decatur, AL
- Participants
- 272
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,711,801
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,711,801
- Employer contributions
- $326,499
- Participant contributions
- $801,216
- Total income / additions
- $2,543,500
- Benefits paid
- $618,715
- Administrative expenses
- $121,827
- Total expenses
- $740,542
- Net increase / (decrease)
- $1,802,958
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $109,287 | $0 |
| Commonwealth Financial Network | INVESTMENT ADVISORY | $0 | $71,236 |
| Definiti, LLC | CONTRACT ADMINISTRATOR | $11,757 | $3,126 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 |