The Esab Group, Inc. 401(K) Retirement Savings Plan — Form 5500 plan (The Esab Group, 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, The Esab Group, Inc. 401(K) Retirement Savings Plan is a benefit plan reported by The Esab Group, Inc. under EIN 84-0966648 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,694 participants and $201,120,660 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Esab Group, Inc.
- EIN
- 84-0966648
- Plan number
- 001
- Plan type
- 2
- Location
- North Bethesda, MD
- Latest filing year
- 2023
- Participants
- 1,694
- End-of-year plan assets
- $201,120,660
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,694 | H, C | 20240612155949NAL0013980675001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $201,120,660
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $201,120,660
- Net assets (BOY)
- $171,828,615
Income & contributions
- Employer contributions
- $6,133,394
- Participant contributions
- $8,208,532
- Total contributions
- $15,378,487
- Total income / additions
- $46,980,579
Expenses & distributions
- Benefits paid
- $26,002,919
- Administrative expenses
- $227,235
- Total expenses
- $26,242,942
- Net increase / (decrease)
- $20,737,637
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $112,109 | $0 | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $53,587 | not reported in the loaded dataset | 2023 |
| Bdo Usa, Llp | ACCOUNTANT/AUDITOR | $51,419 | not reported in the loaded dataset | 2023 |
| Isler Dare, P.C. | CONS/ATTORNEY/LEGAL | $10,120 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Esab Group, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in North Bethesda, MD
- Fidelity Investments Institutional — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation
- Bdo Usa, Llp — Schedule C compensation
- Isler Dare, P.C. — Schedule C compensation