2023 Form 5500 filing — Genuine Parts Company 401(K) 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 20240729105136NAL0042117042001) for Genuine Parts Company 401(K) Savings Plan, reported by Genuine Parts Company under EIN 58-0254510 and plan number 003. It reports 37,674 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240729105136NAL0042117042001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Genuine Parts Company
- EIN
- 58-0254510
- Plan number
- 003
- Location
- Atlanta, GA
- Participants
- 37,674
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,361,800,280
- Total liabilities (EOY)
- $852,186
- Net assets (EOY)
- $2,360,948,094
- Employer contributions
- $76,495,750
- Participant contributions
- $125,777,180
- Total income / additions
- $518,030,618
- Benefits paid
- $229,916,940
- Administrative expenses
- $2,121,241
- Total expenses
- $235,875,144
- Net increase / (decrease)
- $282,155,474
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alight Financial Advisors, LLC | NONE | $2,482,244 | not reported in the loaded dataset |
| Alight Solutions | NONE | $1,114,315 | $0 |
| The Northern Trust Company | NONE | $535,390 | $0 |
| Invesco | NONE | $210,160 | $0 |
| Ubs Financial Services Inc. | NONE | $200,000 | $0 |
| Hancock Askew And Co Llp | NONE | $35,000 | not reported in the loaded dataset |