Libbey Retirement Savings Plan — Form 5500 plan (Libbey Glass LLC)

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, Libbey Retirement Savings Plan is a benefit plan reported by Libbey Glass LLC under EIN 22-2784107 and plan number 001. The latest loaded filing year is 2023. The filing reports 720 participants and $98,451,339 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$98.5MPlan net assets, end of year$98,451,339
Participants720Covered participants reported
Assets / participant$136.7KComputed: assets ÷ participants$136,738 (computed)
Provider compensation$143.8K3 Schedule C provider row(s)$143,820
Plan sponsor
Libbey Glass LLC
EIN
22-2784107
Plan number
001
Plan type
2
Location
Toledo, OH
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023720H, C20241009090819NAL0010459555001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$98.5M total assets
Net assets$98.5MLiabilities$0
Money in vs. money out
Total income / additions$22.2M
Total expenses$14.3M
Benefits paid / distributions$14.1M
Contributions
Employer$2.3M
Participant$3.8M
Full reported line items

Net assets

Total assets (EOY)
$98,451,339
Total liabilities (EOY)
$0
Net assets (EOY)
$98,451,339
Net assets (BOY)
$90,116,499

Income & contributions

Employer contributions
$2,294,270
Participant contributions
$3,808,362
Total contributions
$6,456,193
Total income / additions
$22,232,884

Expenses & distributions

Benefits paid
$14,129,048
Administrative expenses
$143,820
Total expenses
$14,314,715
Net increase / (decrease)
$7,918,169
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 38%Participant 62%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income64%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Advisory Group, LLCINVESTMENT MGMT$70,899not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$65,821$02023
Clearstead Advisors LLCINVESTMENT ADVISOR$7,100not reported in the loaded dataset2023

Related Form 5500 pages