Albireo Energy, LLC 401(K) Plan — Form 5500 plan (Albireo Energy, 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, Albireo Energy, LLC 401(K) Plan is a benefit plan reported by Albireo Energy, LLC under EIN 35-2507715 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,258 participants and $82,537,929 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Albireo Energy, LLC
EIN
35-2507715
Plan number
001
Plan type
2
Location
Edison, NJ
Latest filing year
2023
Participants
1,258
End-of-year plan assets
$82,537,929

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,258H, C20241015163336NAL0016885187001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$82,537,929
Total liabilities (EOY)
$0
Net assets (EOY)
$82,537,929
Net assets (BOY)
$68,445,392

Income & contributions

Employer contributions
$2,000,379
Participant contributions
$7,273,791
Total contributions
$10,263,727
Total income / additions
$22,444,762

Expenses & distributions

Benefits paid
$10,325,530
Administrative expenses
$73,530
Total expenses
$10,419,060
Net increase / (decrease)
$12,025,702

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Global Retirement Partners LLCSERVICE PROVIDER$0$92,9872023
AscensusTHIRD PARTY ADMINISTRATO$0$36,2052023
Barnes WendlingSERVICE PROVIDER$29,150not reported in the loaded dataset2023

Related Form 5500 pages