Plan5500

Saab 401(K) Retirement Savings Plan — Form 5500 plan (Saab, 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, Saab 401(K) Retirement Savings Plan is a benefit plan reported by Saab, Inc. under EIN 58-2310523 and plan number 001. The latest loaded filing year is 2023. The filing reports 995 participants and $225,209,385 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Saab, Inc.
EIN
58-2310523
Plan number
001
Plan type
2
Location
East Syracuse, NY
Latest filing year
2023
Participants
995
End-of-year plan assets
$225,209,385

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023995H, C20241011135244NAL0022877377001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$225,209,385
Total liabilities (EOY)
$0
Net assets (EOY)
$225,209,385
Net assets (BOY)
$190,367,191

Income & contributions

Employer contributions
$3,700,819
Participant contributions
$8,847,666
Total contributions
$17,007,984
Total income / additions
$51,691,949

Expenses & distributions

Benefits paid
$16,612,204
Administrative expenses
$233,692
Total expenses
$16,849,755
Net increase / (decrease)
$34,842,194

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$233,692$9222023
Gallagher Benefit Services, Inc.CONSULTANT$0$50,0002023

Related Form 5500 pages