2023 Form 5500 filing — Loram 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 20240925091645NAL0008177779001) for Loram Retirement Plan, reported by Loram under EIN 41-0950401 and plan number 316. It reports 1,409 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)$147.7MReported net assets$147,670,710
Participants1.4K1,409
Provider compensation$178K3 Schedule C row(s)$177,951
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240925091645NAL0008177779001
Plan sponsor
Loram
EIN
41-0950401
Plan number
316
Location
Hamel, MN
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)$147.7M total assets
Net assets$147.7MLiabilities$0
Money in vs. money out
Total income / additions$37.5M
Total expenses$14.5M
Benefits paid / distributions$14.2M
Contributions
Employer$6.6M
Participant$7.5M
Full reported line items
Total assets (EOY)
$147,670,710
Total liabilities (EOY)
$0
Net assets (EOY)
$147,670,710
Employer contributions
$6,635,840
Participant contributions
$7,540,086
Total income / additions
$37,514,911
Benefits paid
$14,240,948
Administrative expenses
$177,951
Total expenses
$14,529,146
Net increase / (decrease)
$22,985,765

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Fidelity Investments InstitutionalRECORDKEEPER$97,426$0
Mma SecuritiesADVISOR$45,000not reported in the loaded dataset
Strategic Advisors, Inc.ADVISOR$35,525not reported in the loaded dataset

Related Form 5500 pages