Akebono Brake Corporation Retirement Savings Plan — Form 5500 plan (Akebono Brake 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, Akebono Brake Corporation Retirement Savings Plan is a benefit plan reported by Akebono Brake Corporation under EIN 36-3993763 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,700 participants and $145,397,135 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Akebono Brake Corporation
- EIN
- 36-3993763
- Plan number
- 001
- Plan type
- 2
- Location
- Farmington Hills, MI
- Latest filing year
- 2023
- Participants
- 1,700
- End-of-year plan assets
- $145,397,135
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,700 | H, C | 20241004110207NAL0019497360001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $145,397,135
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $145,397,135
- Net assets (BOY)
- $132,162,787
Income & contributions
- Employer contributions
- $2,136,922
- Participant contributions
- $4,089,797
- Total contributions
- $6,277,686
- Total income / additions
- $27,964,922
Expenses & distributions
- Benefits paid
- $14,623,425
- Administrative expenses
- $140,124
- Total expenses
- $14,730,574
- Net increase / (decrease)
- $13,234,348
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Usi Advisors, Inc. | INVESTMENT ADVISOR | $91,875 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $69,421 | not reported in the loaded dataset | 2023 |
| Bkd Cpas & Advisors | ACCOUNTANT/AUDITOR | $20,895 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$41,924 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Akebono Brake Corporation
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Farmington Hills, MI
- Usi Advisors, Inc. — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation
- Bkd Cpas & Advisors — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation