2023 Form 5500 filing — Coherent Corp. 401(K) Profit Sharing 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 20241204150656NAL0004003425001) for Coherent Corp. 401(K) Profit Sharing Plan, reported by Coherent Corp. under EIN 25-1214948 and plan number 001. It reports 4,897 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241204150656NAL0004003425001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Coherent Corp.
- EIN
- 25-1214948
- Plan number
- 001
- Location
- Saxonburg, PA
- Participants
- 4,897
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,153,394,114
- Total liabilities (EOY)
- $29,000
- Net assets (EOY)
- $1,153,365,114
- Employer contributions
- $11,262,671
- Participant contributions
- $33,136,658
- Total income / additions
- $137,233,128
- Benefits paid
- $65,576,624
- Administrative expenses
- $275,092
- Total expenses
- $65,860,006
- Net increase / (decrease)
- $71,373,122
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $199,914 | $0 |
| Strategic Advisors, Inc. | ADVISOR | $75,178 | not reported in the loaded dataset |