2023 Form 5500 filing — Nec Corporation Of America 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 20241015182402NAL0015246035001) for Nec Corporation Of America Retirement Plan, reported by Nec Corporation Of America under EIN 20-0665337 and plan number 002. It reports 2,136 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)$445.1MReported net assets$445,051,213
Participants2.1K2,136
Provider compensation$191.4K3 Schedule C row(s)$191,361
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015182402NAL0015246035001
Plan sponsor
Nec Corporation Of America
EIN
20-0665337
Plan number
002
Location
Irving, TX
Received date
not reported in the loaded dataset
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)$445.1M total assets
Net assets$445.1MLiabilities
Money in vs. money out
Total income / additions$95.9M
Total expenses$40.3M
Benefits paid / distributions$40.1M
Contributions
Employer$3.1M
Participant$11.2M
Full reported line items
Total assets (EOY)
$445,051,213
Net assets (EOY)
$445,051,213
Employer contributions
$3,132,537
Participant contributions
$11,217,020
Total income / additions
$95,854,310
Benefits paid
$40,097,768
Administrative expenses
$191,286
Total expenses
$40,290,885
Net increase / (decrease)
$55,563,425

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Schwab Retirement Plan Services,IncNONE$137,361not reported in the loaded dataset
Nfp RetirementNONE$32,000not reported in the loaded dataset
Sutton Frost Cary LlpNONE$22,000not reported in the loaded dataset

Related Form 5500 pages