2023 Form 5500 filing — Material Sciences Corporation Savings And Investment 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 20241015100216NAL0016105603006) for Material Sciences Corporation Savings And Investment Plan, reported by Material Sciences Corporation under EIN 95-2673173 and plan number 003. It reports 496 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015100216NAL0016105603006
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Material Sciences Corporation
- EIN
- 95-2673173
- Plan number
- 003
- Location
- Elk Grove Village, IL
- Participants
- 496
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $52,331,018
- Net assets (EOY)
- $52,331,018
- Employer contributions
- $1,064,489
- Participant contributions
- $1,682,600
- Total income / additions
- $10,363,459
- Benefits paid
- $5,231,445
- Administrative expenses
- $75,350
- Total expenses
- $5,317,467
- Net increase / (decrease)
- $5,045,992
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Financial Group | INVESTMENT ADVISOR | $38,434 | not reported in the loaded dataset |
| Transamerica Retirement Solutions | RECORDKEEPER | $36,916 | $0 |
| National Financial Services | SECURITIES BROKER | $0 | $0 |