Sandvik, Inc. — Form 5500 filings & benefit plans
Form 5500 plan sponsor 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, Sandvik, Inc. (EIN 22-1717737) is a plan sponsor located in Mebane, NC with 10 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.
Company overview (based on loaded 2023 public filings)
- EIN
- 22-1717737
- Location
- Mebane, NC
- Loaded plans
- 10
- Latest filing year
- 2023
Reported financial aggregate (2023)
Reported net position
- Total reported assets (EOY)
- $1,242,469,212
- Total reported liabilities (EOY)
- $0
- Total reported net assets (EOY)
- $1,242,469,212
Contributions & income
- Employer contributions
- $22,516,448
- Participant contributions
- $19,636,600
- Total income / additions
- $187,386,475
Expenses & distributions
- Benefits paid / distributions
- $97,069,191
- Total expenses
- $99,340,888
- Net increase / (decrease)
- $88,045,587
Coverage
- Total reported participants
- 21,440
- Plans with financial statements
- 2
- Plans with provider compensation
- 2
Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.
Largest loaded plans by reported assets
| Plan | Plan # | Participants | Reported assets (EOY) | Year |
|---|---|---|---|---|
| Sandvik 401(K) Retirement Plan | 006 | 4,235 | $624,019,207 | 2023 |
| Sandvik Pension Plan | 004 | 4,853 | $618,450,005 | 2023 |
| Group Insurance Plan-All Employees Of Sandvik Inc. | 501 | 2,559 | not reported in the loaded dataset | 2023 |
| Sandvik Inc. Severance Plan | 503 | 2,531 | not reported in the loaded dataset | 2023 |
| Sandvik Dental Plan | 603 | 2,347 | not reported in the loaded dataset | 2023 |
| Sandvik Inc. Flexible Benefits Accounts | 601 | 2,200 | not reported in the loaded dataset | 2023 |
| Sandvik Vision Plan | 604 | 1,861 | not reported in the loaded dataset | 2023 |
| Sandvik Inc. Retiree Reimbursement Plan | 505 | 443 | not reported in the loaded dataset | 2023 |
| Sandvik Voluntary Plans | 506 | 306 | not reported in the loaded dataset | 2023 |
| Sandvik Retiree Medical Plan | 602 | 105 | not reported in the loaded dataset | 2023 |
Latest loaded filings
| Year | Plan | Participants | Schedules | Filing |
|---|---|---|---|---|
| 2023 | Sandvik Voluntary Plans | 306 | — | 20241003123944NAL0005718867001 |
| 2023 | Sandvik Dental Plan | 2,347 | — | 20241003124616NAL0004868803001 |
| 2023 | Sandvik Inc. Flexible Benefits Accounts | 2,200 | — | 20241003124838NAL0009857233001 |
| 2023 | Sandvik Inc. Retiree Reimbursement Plan | 443 | — | 20241003125117NAL0009861409001 |
| 2023 | Sandvik Inc. Severance Plan | 2,531 | — | 20241003125343NAL0010561761001 |
| 2023 | Sandvik Retiree Medical Plan | 105 | — | 20241003125614NAL0020602674001 |
| 2023 | Sandvik Vision Plan | 1,861 | — | 20241003125827NAL0005731635001 |
| 2023 | Sandvik Pension Plan | 4,853 | H, C | 20241015134929NAL0029846209001 |