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, Igus Bearings, Inc. 401(K) Plan is a benefit plan reported by Igus Bearings, Inc. under EIN 05-0419384 and plan number 002. The latest loaded filing year is 2023. The filing reports 472 participants and $29,120,661 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $29,120,661
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $29,120,661
- Net assets (BOY)
- $24,757,099
Income & contributions
- Employer contributions
- $800,255
- Participant contributions
- $2,021,408
- Total contributions
- $3,594,207
- Total income / additions
- $7,862,879
Expenses & distributions
- Benefits paid
- $3,492,476
- Administrative expenses
- $5,644
- Total expenses
- $3,499,317
- Net increase / (decrease)
- $4,363,562