Safran Electrical Components Usa , Inc 401(K) Plan — Form 5500 plan (Safran Electrical Components Usa)

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, Safran Electrical Components Usa , Inc 401(K) Plan is a benefit plan reported by Safran Electrical Components Usa under EIN 94-2389381 and plan number 001. The latest loaded filing year is 2023. The filing reports 136 participants and $10,301,196 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Safran Electrical Components Usa
EIN
94-2389381
Plan number
001
Plan type
2
Location
Denton, TX
Latest filing year
2023
Participants
136
End-of-year plan assets
$10,301,196

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023136H, C20241015201041NAL0030834881001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,301,196
Total liabilities (EOY)
$0
Net assets (EOY)
$10,301,196
Net assets (BOY)
$11,692,245

Income & contributions

Employer contributions
$928
Participant contributions
$12,500
Total contributions
$13,428
Total income / additions
$1,749,028

Expenses & distributions

Benefits paid
$1,777,793
Administrative expenses
$39,093
Total expenses
$1,843,658
Net increase / (decrease)
-$94,630

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Pensionmark Financial Group, LLCINVESTMENT/FINANCIAL ADVI$28,604$02023
Adp, Inc.RECORD KEEPER$10,489$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages