2023 Form 5500 filing — Corvac Composites, LLC Employees' 401(K) Profit Sharing 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 20241003092301NAL0016747024001) for Corvac Composites, LLC Employees' 401(K) Profit Sharing Plan, reported by Corvac Composites, LLC under EIN 20-2485456 and plan number 001. It reports 186 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)$2MReported net assets$1,975,792
Participants186
Provider compensation$14.4K2 Schedule C row(s)$14,408
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241003092301NAL0016747024001
Plan sponsor
Corvac Composites, LLC
EIN
20-2485456
Plan number
001
Location
Grand Rapids, MI
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)$2M total assets
Net assets$2MLiabilities$0
Money in vs. money out
Total income / additions$384.5K
Total expenses$144.9K
Benefits paid / distributions$126.1K
Contributions
Employer$35.8K
Participant$90.9K
Full reported line items
Total assets (EOY)
$1,975,792
Total liabilities (EOY)
$0
Net assets (EOY)
$1,975,792
Employer contributions
$35,802
Participant contributions
$90,897
Total income / additions
$384,455
Benefits paid
$126,071
Administrative expenses
$17,177
Total expenses
$144,921
Net increase / (decrease)
$239,534

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Monroe, Sweeris & Tromp PlcAUDITOR$7,500not reported in the loaded dataset
Lincoln National CorporationSERVICE PROVIDER$6,908$0

Related Form 5500 pages