2023 Form 5500 filing — Fiber Industries, Inc. Retirement Income 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 20250115154243NAL0021900385001) for Fiber Industries, Inc. Retirement Income Plan, reported by Alpek Polyester Mississippi, Inc. under EIN 64-0877945 and plan number 005. It reports 524 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250115154243NAL0021900385001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Alpek Polyester Mississippi, Inc.
- EIN
- 64-0877945
- Plan number
- 005
- Location
- Charlotte, NC
- Participants
- 524
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $27,937,817
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,937,817
- Employer contributions
- $24,500
- Total income / additions
- $3,001,272
- Benefits paid
- $3,950,638
- Administrative expenses
- $188,874
- Total expenses
- $4,139,512
- Net increase / (decrease)
- -$1,138,240
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $188,874 | $0 |
| Long Cpa, Pllc | ACCOUNTANT | $7,000 | not reported in the loaded dataset |