Formica Corporation 401(K) Retirement Savings Plan — Form 5500 plan (Formica Corporation)
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, Formica Corporation 401(K) Retirement Savings Plan is a benefit plan reported by Formica Corporation under EIN 23-2192184 and plan number 006. The latest loaded filing year is 2023. The filing reports 723 participants and $82,791,336 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Formica Corporation
- EIN
- 23-2192184
- Plan number
- 006
- Plan type
- 2
- Location
- Cincinnati, OH
- Latest filing year
- 2023
- Participants
- 723
- End-of-year plan assets
- $82,791,336
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 723 | H, C | 20241015135914NAL0056509138001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $82,791,336
- Total liabilities (EOY)
- $109,343
- Net assets (EOY)
- $82,681,993
- Net assets (BOY)
- $66,873,230
Income & contributions
- Employer contributions
- $1,460,826
- Participant contributions
- $3,138,657
- Total contributions
- $4,877,030
- Total income / additions
- $21,668,997
Expenses & distributions
- Benefits paid
- $5,760,281
- Administrative expenses
- $99,402
- Total expenses
- $5,860,234
- Net increase / (decrease)
- $15,808,763
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock | RECORDKEEPER | $99,402 | $0 | 2023 |