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, Ab Specialty Silicones Safe Harbor 401(K) Profit Sharing Plan is a benefit plan reported by Ab Specialty Silicones, LLC under EIN 45-4048038 and plan number 001. The latest loaded filing year is 2023. The filing reports 157 participants and $8,725,830 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,725,830
- Total liabilities (EOY)
- $549
- Net assets (EOY)
- $8,725,281
- Net assets (BOY)
- $8,384,649
Income & contributions
- Employer contributions
- $297,768
- Participant contributions
- $528,971
- Total contributions
- $826,739
- Total income / additions
- $2,260,876
Expenses & distributions
- Benefits paid
- $1,886,165
- Administrative expenses
- $34,079
- Total expenses
- $1,920,244
- Net increase / (decrease)
- $340,632