Loral Savings Plan — Form 5500 plan (Loral Space & Communications 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, Loral Savings Plan is a benefit plan reported by Loral Space & Communications Inc. under EIN 87-0748324 and plan number 335. The latest loaded filing year is 2023. The filing reports 183 participants and $31,072,240 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$31.1MPlan net assets, end of year$31,072,240
Participants183Covered participants reported
Assets / participant$169.8KComputed: assets ÷ participants$169,794 (computed)
Provider compensation$8.1K2 Schedule C provider row(s)$8,125
Plan sponsor
Loral Space & Communications Inc.
EIN
87-0748324
Plan number
335
Plan type
3
Location
Bethesda, MD
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023183H, C20241114151131NAL0010800099001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$31.1M total assets
Net assets$31.1MLiabilities$0
Money in vs. money out
Total income / additions$6.4M
Total expenses$4.1M
Benefits paid / distributions$4.1M
Contributions
Employer$443.9K
Participant$940.5K
Full reported line items

Net assets

Total assets (EOY)
$31,072,240
Total liabilities (EOY)
$0
Net assets (EOY)
$31,072,240
Net assets (BOY)
$28,801,821

Income & contributions

Employer contributions
$443,860
Participant contributions
$940,452
Total contributions
$1,384,312
Total income / additions
$6,378,428

Expenses & distributions

Benefits paid
$4,099,784
Administrative expenses
$8,225
Total expenses
$4,108,009
Net increase / (decrease)
$2,270,419
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 32%Participant 68%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income64%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$7,327not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$798$02023

Related Form 5500 pages