Amsc 401(K) Savings Plan — Form 5500 plan (American Superconductor Corporation)
Plain-English plan 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, Amsc 401(K) Savings Plan is a benefit plan reported by American Superconductor Corporation under EIN 04-2959321 and plan number 001. The latest loaded filing year is 2023. The filing reports 461 participants and $53,845,664 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- American Superconductor Corporation
- EIN
- 04-2959321
- Plan number
- 001
- Plan type
- 2
- Location
- Ayer, MA
- Latest filing year
- 2023
- Participants
- 461
- End-of-year plan assets
- $53,845,664
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 461 | H, C | 20240926130125NAL0000799729001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $53,845,664
- Total liabilities (EOY)
- $74,219
- Net assets (EOY)
- $53,771,445
- Net assets (BOY)
- $46,774,473
Income & contributions
- Employer contributions
- $675,986
- Participant contributions
- $2,256,192
- Total contributions
- $3,201,143
- Total income / additions
- $13,270,754
Expenses & distributions
- Benefits paid
- $6,064,348
- Administrative expenses
- $135,215
- Total expenses
- $6,273,782
- Net increase / (decrease)
- $6,996,972
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $135,215 | $0 | 2023 |
| Global Retirement Partners LLC | INVESTMENT ADVISORY | $0 | $70,594 | 2023 |
| American Superconductor | ACCOUNTANT | $0 | $18,000 | 2023 |
| The Angell Pension Group Inc | OTHER SERVICES | $0 | $9,558 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for American Superconductor Corporation
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Ayer, MA
- Principal Life Insurance Company — Schedule C compensation
- Global Retirement Partners LLC — Schedule C compensation
- American Superconductor — Schedule C compensation
- The Angell Pension Group Inc — Schedule C compensation