2023 Form 5500 filing — Panasonic Energy Corporation Of America Employee'S 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 20240925092312NAL0005336739001) for Panasonic Energy Corporation Of America Employee'S 401(K) Savings Plan, reported by Panasonic Energy Corporation Of America under EIN 22-3122190 and plan number 001. It reports 265 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20240925092312NAL0005336739001
Filing year
2023
Form type
2
Plan sponsor
Panasonic Energy Corporation Of America
EIN
22-3122190
Plan number
001
Location
Columbus, GA
Participants
265
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$19,637,834
Total liabilities (EOY)
$0
Net assets (EOY)
$19,637,834
Employer contributions
$434,074
Participant contributions
$661,121
Total income / additions
$4,008,944
Benefits paid
$1,540,234
Administrative expenses
$70,878
Total expenses
$1,611,112
Net increase / (decrease)
$2,397,832
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$39,982$0
Retirement Fund Management, LLCINVESTMENT ADVISORY$30,890$10

Related Form 5500 pages