Plan5500

Abb Optical Group — Form 5500 plan (Abb/Con-Cise Optical Group 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, Abb Optical Group is a benefit plan reported by Abb/Con-Cise Optical Group LLC under EIN 51-0626564 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,780 participants and $60,162,535 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Abb/Con-Cise Optical Group LLC
EIN
51-0626564
Plan number
001
Plan type
2
Location
Coral Springs, FL
Latest filing year
2023
Participants
1,780
End-of-year plan assets
$60,162,535

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,780H, C20241014081907NAL0025712977001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$60,162,535
Total liabilities (EOY)
$0
Net assets (EOY)
$60,162,535
Net assets (BOY)
$51,486,770

Income & contributions

Employer contributions
$2,256,546
Participant contributions
$5,348,072
Total contributions
$8,210,765
Total income / additions
$14,972,501

Expenses & distributions

Benefits paid
$6,097,174
Administrative expenses
$199,562
Total expenses
$6,296,736
Net increase / (decrease)
$8,675,765

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$199,562$02023
Sageview Advisory Consulting GroupINVESTMENT ADVISORY$0$78,8922023

Related Form 5500 pages