Plan5500

Lg Energy Solution Michigan, Inc. 401(K) Plan — Form 5500 plan (Lg Energy Solution Michigan, 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, Lg Energy Solution Michigan, Inc. 401(K) Plan is a benefit plan reported by Lg Energy Solution Michigan, Inc. under EIN 84-1563669 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,630 participants and $65,314,024 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Lg Energy Solution Michigan, Inc.
EIN
84-1563669
Plan number
001
Plan type
2
Location
Holland, MI
Latest filing year
2023
Participants
3,630
End-of-year plan assets
$65,314,024

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20233,630H, C20241210132021NAL0020970466001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$65,314,024
Total liabilities (EOY)
$751
Net assets (EOY)
$65,313,273
Net assets (BOY)
$41,546,605

Income & contributions

Employer contributions
$6,177,756
Participant contributions
$12,097,496
Total contributions
$22,346,912
Total income / additions
$31,615,979

Expenses & distributions

Benefits paid
$6,959,451
Administrative expenses
$177,516
Total expenses
$7,190,637
Net increase / (decrease)
$24,425,342

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$107,444$02023
Rbc Wealth ManagementADVISOR$36,171not reported in the loaded dataset2023
Nfp Retirement IncADVISOR$33,901not reported in the loaded dataset2023

Related Form 5500 pages