Dak Americas LLC Savings And Investment Plan — Form 5500 plan (Alpek Polyester Usa, 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, Dak Americas LLC Savings And Investment Plan is a benefit plan reported by Alpek Polyester Usa, LLC under EIN 52-2343187 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,896 participants and $239,117,958 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Alpek Polyester Usa, LLC
EIN
52-2343187
Plan number
001
Plan type
2
Location
Charlotte, NC
Latest filing year
2023
Participants
1,896
End-of-year plan assets
$239,117,958

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,896H, C20241015191347NAL0030730241001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$239,117,958
Total liabilities (EOY)
$0
Net assets (EOY)
$239,117,958
Net assets (BOY)
$207,147,381

Income & contributions

Employer contributions
$8,755,829
Participant contributions
$8,083,105
Total contributions
$18,583,346
Total income / additions
$54,163,868

Expenses & distributions

Benefits paid
$21,801,422
Administrative expenses
$361,272
Total expenses
$22,193,291
Net increase / (decrease)
$31,970,577

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$226,226$462023
Kestra Advisory Services, LLC85288$85,258$312023
The Lampo Group LLCINVESTMENT ADVISORY$49,500not reported in the loaded dataset2023

Related Form 5500 pages