2023 Form 5500 filing — Materne North America 401(K) Retirement 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 20240829091135NAL0006339923001) for Materne North America 401(K) Retirement Plan, reported by Materne North America Corp. under EIN 27-3542029 and plan number 001. It reports 874 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240829091135NAL0006339923001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Materne North America Corp.
- EIN
- 27-3542029
- Plan number
- 001
- Location
- New York, NY
- Participants
- 874
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $39,304,701
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $39,304,701
- Employer contributions
- $2,284,578
- Participant contributions
- $4,740,844
- Total income / additions
- $13,503,248
- Benefits paid
- $2,362,170
- Administrative expenses
- $176,838
- Total expenses
- $2,539,428
- Net increase / (decrease)
- $10,963,820
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $175,999 | $0 |
| Ubs Financial Services Inc | INVESTMENT ADVISORY | $0 | $61,197 |
| Legacy Retirement Solutions LLC | OTHER SERVICES | $0 | $15,640 |