Adac Plastics, Inc. Retirement Plan — Form 5500 plan (Adac Plastics, 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, Adac Plastics, Inc. Retirement Plan is a benefit plan reported by Adac Plastics, Inc. under EIN 38-2085222 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,061 participants and $59,638,183 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Adac Plastics, Inc.
- EIN
- 38-2085222
- Plan number
- 001
- Plan type
- 2
- Location
- Grand Rapids, MI
- Latest filing year
- 2023
- Participants
- 1,061
- End-of-year plan assets
- $59,638,183
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,061 | H, C | 20240911093510NAL0006851857001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $59,638,183
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $59,638,183
- Net assets (BOY)
- $55,867,995
Income & contributions
- Employer contributions
- $932,970
- Participant contributions
- $4,341,791
- Total contributions
- $6,427,153
- Total income / additions
- $14,989,250
Expenses & distributions
- Benefits paid
- $11,025,439
- Administrative expenses
- $179,539
- Total expenses
- $11,219,062
- Net increase / (decrease)
- $3,770,188
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $129,586 | $0 | 2023 |
| Wells Fargo Advisors | INVESTMENT ADVISORY | $37,458 | $0 | 2023 |
| Wells Fargo Advisors | INVESTMENT ADVISORY | $12,495 | not reported in the loaded dataset | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Adac Plastics, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Grand Rapids, MI
- Principal Life Insurance Company — Schedule C compensation
- Wells Fargo Advisors — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation