2023 Form 5500 filing — Micro Focus Us 401(K) 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 20241001132228NAL0003298371001) for Micro Focus Us 401(K) Plan., reported by Micro Focus Us Inc. under EIN 52-2328686 and plan number 002. It reports 5,304 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001132228NAL0003298371001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Micro Focus Us Inc.
- EIN
- 52-2328686
- Plan number
- 002
- Location
- Santa Clara, CA
- Participants
- 5,304
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $917,603,049
- Total liabilities (EOY)
- $37
- Net assets (EOY)
- $917,603,012
- Employer contributions
- $8,627,288
- Participant contributions
- $33,348,808
- Total income / additions
- $199,216,904
- Benefits paid
- $127,973,227
- Administrative expenses
- $260,948
- Total expenses
- $128,291,524
- Net increase / (decrease)
- $70,925,380
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $265,677 | $0 |
| Grant Thornton | CONSULTANT | $40,230 | not reported in the loaded dataset |
| Mercer Investments LLC | CONSULTANT | $26,250 | not reported in the loaded dataset |