2023 Form 5500 filing — Lg Electronics 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 20241009164040NAL0038478402001) for Lg Electronics Retirement Plan, reported by Lg Electronics Usa, Inc. under EIN 13-2950311 and plan number 001. It reports 4,161 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009164040NAL0038478402001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lg Electronics Usa, Inc.
- EIN
- 13-2950311
- Plan number
- 001
- Location
- Englewood Cliffs, NJ
- Participants
- 4,161
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $383,562,077
- Total liabilities (EOY)
- $98,889
- Net assets (EOY)
- $383,463,188
- Employer contributions
- $10,994,389
- Participant contributions
- $24,832,883
- Total income / additions
- $96,729,554
- Benefits paid
- $43,202,287
- Administrative expenses
- $567,161
- Total expenses
- $43,788,332
- Net increase / (decrease)
- $52,941,222
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $201,568 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $187,824 | $0 |
| Nfp Retirement, Inc. | INVESTMENT ADVISOR | $84,381 | not reported in the loaded dataset |
| Plante Moran Pllc | ACCOUNTANT/AUDITOR | $29,500 | not reported in the loaded dataset |