2023 Form 5500 filing — Nifco America Corporation Savings 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 20241021104028NAL0000822371001) for Nifco America Corporation Savings Retirement Plan, reported by Nifco America Corporation under EIN 31-1464402 and plan number 001. It reports 1,390 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)$39.5MReported net assets$39,477,678
Participants1.4K1,390
Provider compensation$71.2K2 Schedule C row(s)$71,175
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241021104028NAL0000822371001
Plan sponsor
Nifco America Corporation
EIN
31-1464402
Plan number
001
Location
Canal Wnchstr, OH
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)$39.5M total assets
Net assets$39.5MLiabilities$0
Money in vs. money out
Total income / additions$10.2M
Total expenses$3.3M
Benefits paid / distributions$3.2M
Contributions
Employer$1M
Participant$3.1M
Full reported line items
Total assets (EOY)
$39,477,678
Total liabilities (EOY)
$0
Net assets (EOY)
$39,477,678
Employer contributions
$1,006,447
Participant contributions
$3,108,765
Total income / additions
$10,208,538
Benefits paid
$3,233,390
Administrative expenses
$71,175
Total expenses
$3,326,667
Net increase / (decrease)
$6,881,871

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Fidelity Investments InstitutionalRECORDKEEPER$51,939$0
Strategic Advisors, Inc.ADVISOR$19,236not reported in the loaded dataset

Related Form 5500 pages