2023 Form 5500 filing — Maxion Wheels 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 20240924144123NAL0026428450001) for Maxion Wheels Retirement Savings Plan, reported by Maxion Wheels U.S.A. LLC under EIN 30-0167742 and plan number 055. It reports 562 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240924144123NAL0026428450001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Maxion Wheels U.S.A. LLC
- EIN
- 30-0167742
- Plan number
- 055
- Location
- Novi, MI
- Participants
- 562
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $71,643,171
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $71,643,171
- Employer contributions
- $643,328
- Participant contributions
- $1,184,862
- Total income / additions
- $12,488,621
- Benefits paid
- $15,853,399
- Administrative expenses
- $20,444
- Total expenses
- $15,873,843
- Net increase / (decrease)
- -$3,385,222
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Ins Company Of Amer | NONE | $10,474 | $0 |
| T Rowe Price Rps Inc | NONE | $5,160 | $0 |
| Empower Advisory Group, LLC | NONE | $4,810 | not reported in the loaded dataset |