Miba Industrial Bearings 401(K) Plan — Form 5500 plan (Miba Industrial Bearings Us 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, Miba Industrial Bearings 401(K) Plan is a benefit plan reported by Miba Industrial Bearings Us LLC under EIN 80-0359416 and plan number 002. The latest loaded filing year is 2023. The filing reports 318 participants and $33,350,587 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Miba Industrial Bearings Us LLC
- EIN
- 80-0359416
- Plan number
- 002
- Plan type
- 2
- Location
- Grafton, WI
- Latest filing year
- 2023
- Participants
- 318
- End-of-year plan assets
- $33,350,587
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 318 | H, C | 20241007063959NAL0026897344001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $33,350,587
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $33,350,587
- Net assets (BOY)
- $27,907,367
Income & contributions
- Employer contributions
- $1,082,571
- Participant contributions
- $1,267,190
- Total contributions
- $2,535,091
- Total income / additions
- $8,781,422
Expenses & distributions
- Benefits paid
- $3,244,189
- Administrative expenses
- $55,066
- Total expenses
- $3,338,202
- Net increase / (decrease)
- $5,443,220
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $49,688 | $881 | 2023 |
| Adp, Inc. | RECORD KEEPER | $5,377 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |