Alimak Group Usa 401(K) Profit Sharing Plan — Form 5500 plan (Alimak Group Usa Inc.)
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, Alimak Group Usa 401(K) Profit Sharing Plan is a benefit plan reported by Alimak Group Usa Inc. under EIN 06-1242771 and plan number 002. The latest loaded filing year is 2023. The filing reports 217 participants and $18,562,785 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$18.6MPlan net assets, end of year$18,562,785
Participants217Covered participants reported
Assets / participant$85.5KComputed: assets ÷ participants$85,543 (computed)
Provider compensation$43.4K3 Schedule C provider row(s)$43,421
- Plan sponsor
- Alimak Group Usa Inc.
- EIN
- 06-1242771
- Plan number
- 002
- Plan type
- 2
- Location
- Webster, TX
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 217 | H, C | 20241010104802NAL0020847633001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$18.6M total assets
Net assets$18.6MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $18,562,785
- Net assets (EOY)
- $18,562,785
- Net assets (BOY)
- $18,143,743
Income & contributions
- Employer contributions
- $592,104
- Participant contributions
- $1,016,836
- Total contributions
- $1,773,935
- Total income / additions
- $3,889,591
Expenses & distributions
- Benefits paid
- $3,467,062
- Administrative expenses
- $18,211
- Total expenses
- $3,470,549
- Net increase / (decrease)
- $419,042
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
37%63%
Employer 37%Participant 63%
Total expenses ÷ net assets19%Computed ratio
Benefits paid ÷ total income89%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Pensionmark Financial Group LLC | INVESTMENT ADVISOR | $17,194 | $0 | 2023 |
| Nova 401(K) Associates | THIRD PARTY ADMINISTRATOR | $16,146 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $10,081 | $0 | 2023 |