2023 Form 5500 filing — Abb Power Electronics, Inc 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 20241009081207NAL0032187392001) for Abb Power Electronics, Inc Plan, reported by Omnion Power Inc. under EIN 58-2554226 and plan number 001. It reports 317 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)$16.9MReported net assets$16,943,867

Participants317

Provider compensation$7.8K2 Schedule C row(s)$7,813

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20241009081207NAL0032187392001
Plan sponsor: Omnion Power Inc.
EIN: 58-2554226
Plan number: 001
Location: Plano, TX
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

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)$16.9M total assets

Net assets$16.9MLiabilities$0

Money in vs. money out

Total income / additions$17M

Total expenses$111.1K

Benefits paid / distributions$103.3K

Contributions

Employer$1.2M

Participant$1.5M

Full reported line items

Total assets (EOY): $16,943,867
Total liabilities (EOY): $0
Net assets (EOY): $16,943,867
Employer contributions: $1,197,572
Participant contributions: $1,545,304
Total income / additions: $17,041,052
Benefits paid: $103,261
Administrative expenses: $7,813
Total expenses: $111,074
Net increase / (decrease): $16,929,978

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Principal Life Insurance Company$7.8K
CONTRACT ADMINISTRATOR · Direct $7.8K · Indirect $0
2
Morningstar Investment Management L$0
INV ADV, PARTICIPANTS · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241009081207NAL0032187392001 cover?: It is the 2023 Form 5500 filing for Abb Power Electronics, Inc Plan, reported by Omnion Power Inc. (EIN 58-2554226).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).