2023 Form 5500 filing — Transaxle Manufacturing Of America 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 20250415101334NAL0003169649001) for Transaxle Manufacturing Of America Retirement Plan, reported by Transaxle Manufacturing Of America, Inc. under EIN 36-4450957 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
- 20250415101334NAL0003169649001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Transaxle Manufacturing Of America, Inc.
- EIN
- 36-4450957
- Plan number
- 001
- Location
- Rock Hill, SC
- Participants
- 332
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,151,509
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,151,509
- Employer contributions
- $344,511
- Participant contributions
- $767,778
- Total income / additions
- $2,535,309
- Benefits paid
- $1,002,408
- Administrative expenses
- $15,689
- Total expenses
- $1,018,097
- Net increase / (decrease)
- $1,517,212
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $15,689 | $0 |
| Equitable Network LLC | OTHER SERVICES | $0 | $2,077 |