Inoac Usa 401(K) Savings Plan — Form 5500 plan (Inoac Usa, Inc.)

Plain-English plan 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, Inoac Usa 401(K) Savings Plan is a benefit plan reported by Inoac Usa, Inc. under EIN 13-3355311 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,097 participants and $31,197,462 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Inoac Usa, Inc.
EIN
13-3355311
Plan number
001
Plan type
2
Location
Bardstown, KY
Latest filing year
2023
Participants
1,097
End-of-year plan assets
$31,197,462

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,097H, C20241014195210NAL0045806880001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$31,197,462
Total liabilities (EOY)
$0
Net assets (EOY)
$31,197,462
Net assets (BOY)
$25,337,480

Income & contributions

Employer contributions
$893,035
Participant contributions
$2,163,110
Total contributions
$3,108,417
Total income / additions
$7,619,716

Expenses & distributions

Benefits paid
$1,642,525
Administrative expenses
$117,209
Total expenses
$1,759,734
Net increase / (decrease)
$5,859,982

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ascensus LLCNONE$111,183$02023
Withum Smith BrownNONE$20,696not reported in the loaded dataset2023

Related Form 5500 pages