2023 Form 5500 filing — Saab 401(K) Retirement 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 20241011135244NAL0022877377001) for Saab 401(K) Retirement Savings Plan, reported by Saab, Inc. under EIN 58-2310523 and plan number 001. It reports 995 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011135244NAL0022877377001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Saab, Inc.
- EIN
- 58-2310523
- Plan number
- 001
- Location
- East Syracuse, NY
- Participants
- 995
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $225,209,385
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $225,209,385
- Employer contributions
- $3,700,819
- Participant contributions
- $8,847,666
- Total income / additions
- $51,691,949
- Benefits paid
- $16,612,204
- Administrative expenses
- $233,692
- Total expenses
- $16,849,755
- Net increase / (decrease)
- $34,842,194
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $233,692 | $922 |
| Gallagher Benefit Services, Inc. | CONSULTANT | $0 | $50,000 |