Plan5500

Velcro Pension Plan — Form 5500 plan (Velcro 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, Velcro Pension Plan is a benefit plan reported by Velcro Usa Inc. under EIN 13-2597668 and plan number 001. The latest loaded filing year is 2023. The filing reports 929 participants and $56,499,316 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Velcro Usa Inc.
EIN
13-2597668
Plan number
001
Plan type
2
Location
Manchester, NH
Latest filing year
2023
Participants
929
End-of-year plan assets
$56,499,316

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023929H, C20241011155405NAL0023160641001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$56,499,316
Total liabilities (EOY)
$0
Net assets (EOY)
$56,499,316
Net assets (BOY)
$55,428,507

Income & contributions

Total contributions
$0
Total income / additions
$4,916,613

Expenses & distributions

Benefits paid
$3,605,658
Administrative expenses
$240,146
Total expenses
$3,845,804
Net increase / (decrease)
$1,070,809

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Retirement Plan SrvcsRECORDKEEPER$150,962$02023

Related Form 5500 pages