Nexans Usa Inc. Salaried And Hourly Pension Plan — Form 5500 plan (Nexans Usa 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, Nexans Usa Inc. Salaried And Hourly Pension Plan is a benefit plan reported by Nexans Usa Inc. under EIN 56-2212188 and plan number 001. The latest loaded filing year is 2023. The filing reports 749 participants and $34,774,619 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Nexans Usa Inc.
- EIN
- 56-2212188
- Plan number
- 001
- Plan type
- 2
- Location
- Goose Creek, SC
- Latest filing year
- 2023
- Participants
- 749
- End-of-year plan assets
- $34,774,619
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 749 | H, C | 20241011082557NAL0010729747001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $34,774,619
- Net assets (EOY)
- $34,774,619
- Net assets (BOY)
- $38,212,737
Income & contributions
- Employer contributions
- $1,100,000
- Total contributions
- $1,100,000
- Total income / additions
- $6,468,774
Expenses & distributions
- Benefits paid
- $9,137,925
- Administrative expenses
- $768,967
- Total expenses
- $9,906,892
- Net increase / (decrease)
- -$3,438,118
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Schwab Retirement Plan Services, In | NONE | $196,207 | not reported in the loaded dataset | 2023 |
| Davis & Company Cpa | NONE | $24,900 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co. Inc. | NONE | $0 | $0 | 2023 |