Plan5500

Drew Marine Employee Savings Plan — Form 5500 plan (Drew Marine 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, Drew Marine Employee Savings Plan is a benefit plan reported by Drew Marine Usa, Inc. under EIN 27-0440420 and plan number 002. The latest loaded filing year is 2023. The filing reports 171 participants and $17,326,158 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Drew Marine Usa, Inc.
EIN
27-0440420
Plan number
002
Plan type
3
Location
Waterbury, CT
Latest filing year
2023
Participants
171
End-of-year plan assets
$17,326,158

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023171H, C20240731091648NAL0012561251001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$17,326,158
Total liabilities (EOY)
$0
Net assets (EOY)
$17,326,158
Net assets (BOY)
$15,569,122

Income & contributions

Employer contributions
$440,445
Participant contributions
$1,080,167
Total contributions
$1,643,014
Total income / additions
$4,412,883

Expenses & distributions

Benefits paid
$2,651,284
Administrative expenses
$4,563
Total expenses
$2,655,847
Net increase / (decrease)
$1,757,036

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Group, Inc.RECORDKEEPER$4,562$02023

Related Form 5500 pages