Plan5500

Altec, Inc. Retirement Savings Plan — Form 5500 plan (Altec Industries, 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, Altec, Inc. Retirement Savings Plan is a benefit plan reported by Altec Industries, Inc. under EIN 63-0362926 and plan number 003. The latest loaded filing year is 2023. The filing reports 10,513 participants and $827,790,815 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Altec Industries, Inc.
EIN
63-0362926
Plan number
003
Plan type
2
Location
Birmingham, AL
Latest filing year
2023
Participants
10,513
End-of-year plan assets
$827,790,815

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202310,513H, C20241009160642NAL0018715329001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$827,790,815
Total liabilities (EOY)
$0
Net assets (EOY)
$827,790,815
Net assets (BOY)
$666,093,291

Income & contributions

Employer contributions
$29,580,603
Participant contributions
$48,205,858
Total contributions
$79,480,915
Total income / additions
$211,517,565

Expenses & distributions

Benefits paid
$49,758,424
Administrative expenses
$61,617
Total expenses
$49,820,041
Net increase / (decrease)
$161,697,524

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch, Pierce, Fenner And SRECORDKEEPER$60,189$02023

Related Form 5500 pages