2023 Form 5500 filing — Xp Power LLC 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 20240829112857NAL0027078194001) for Xp Power LLC Retirement Savings Plan, reported by Xp Power LLC under EIN 77-0275313 and plan number 001. It reports 695 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240829112857NAL0027078194001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Xp Power LLC
- EIN
- 77-0275313
- Plan number
- 001
- Location
- Sunnyvale, CA
- Participants
- 695
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $50,607,777
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $50,607,777
- Employer contributions
- $2,518,961
- Participant contributions
- $4,211,973
- Total income / additions
- $14,894,255
- Benefits paid
- $5,389,862
- Administrative expenses
- $115,393
- Total expenses
- $5,623,313
- Net increase / (decrease)
- $9,270,942
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Workplace Services LLC | PLAN ADMINISTRATOR | $45,916 | $0 |
| Global Retirement Partners LLC | ADVISOR | $40,000 | not reported in the loaded dataset |
| Clifton Larson Allen Llp | ACCOUNTANT/AUDITOR | $25,200 | not reported in the loaded dataset |