2023 Form 5500 filing — Jac Products, Inc. 401(K) Retirement Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240722104413NAL0017313520001) for Jac Products, Inc. 401(K) Retirement Savings Plan, reported by Jac Products, Inc. under EIN 38-1888757 and plan number 003. It reports 1,599 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$47.3MReported net assets$47,289,292
Participants1.6K1,599
Provider compensation$240K4 Schedule C row(s)$240,025
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240722104413NAL0017313520001
- Plan sponsor
- Jac Products, Inc.
- EIN
- 38-1888757
- Plan number
- 003
- Location
- Saline, MI
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$47.3M total assets
Net assets$47.3MLiabilities$0
Full reported line items
- Total assets (EOY)
- $47,289,292
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $47,289,292
- Employer contributions
- $953,453
- Participant contributions
- $3,660,811
- Total income / additions
- $12,262,010
- Benefits paid
- $7,538,420
- Administrative expenses
- $202,085
- Total expenses
- $7,756,228
- Net increase / (decrease)
- $4,505,782
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $163,632 | $0 |
| Corecap Investments Inc | BROKER/ADVISER | $0 | $37,996 |
| Creative Financial Solutions, Inc. | INVESTMENT ADVISOR | $21,669 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $16,728 | not reported in the loaded dataset |