Loram Retirement Plan — Form 5500 plan (Loram)

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, Loram Retirement Plan is a benefit plan reported by Loram under EIN 41-0950401 and plan number 316. The latest loaded filing year is 2023. The filing reports 1,409 participants and $147,670,710 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Loram
EIN
41-0950401
Plan number
316
Plan type
2
Location
Hamel, MN
Latest filing year
2023
Participants
1,409
End-of-year plan assets
$147,670,710

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,409H, C20240925091645NAL0008177779001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$147,670,710
Total liabilities (EOY)
$0
Net assets (EOY)
$147,670,710
Net assets (BOY)
$124,684,945

Income & contributions

Employer contributions
$6,635,840
Participant contributions
$7,540,086
Total contributions
$15,221,772
Total income / additions
$37,514,911

Expenses & distributions

Benefits paid
$14,240,948
Administrative expenses
$177,951
Total expenses
$14,529,146
Net increase / (decrease)
$22,985,765

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$97,426$02023
Mma SecuritiesADVISOR$45,000not reported in the loaded dataset2023
Strategic Advisors, Inc.ADVISOR$35,525not reported in the loaded dataset2023

Related Form 5500 pages