2023 Form 5500 filing — Sandvik Pension 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 20241015134929NAL0029846209001) for Sandvik Pension Plan, reported by Sandvik, Inc. under EIN 22-1717737 and plan number 004. It reports 4,853 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015134929NAL0029846209001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sandvik, Inc.
- EIN
- 22-1717737
- Plan number
- 004
- Location
- Mebane, NC
- Participants
- 4,853
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $618,450,005
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $618,450,005
- Total income / additions
- $44,190,006
- Benefits paid
- $38,195,771
- Administrative expenses
- $2,126,618
- Total expenses
- $40,322,389
- Net increase / (decrease)
- $3,867,617
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mercer Investments LLC | FIDUCIARY | $941,294 | $100,003 |
| Mercer | NONE | $611,980 | not reported in the loaded dataset |
| State Street Global Advisors | NONE | $32,836 | not reported in the loaded dataset |
| Crowe Llp | NONE | $31,686 | not reported in the loaded dataset |
| Buck Global, LLC | NONE | $26,375 | not reported in the loaded dataset |
| State Street Global Advisors | NONE | $14,431 | not reported in the loaded dataset |