Lg Electronics Retirement Plan — Form 5500 plan (Lg Electronics 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, Lg Electronics Retirement Plan is a benefit plan reported by Lg Electronics Usa, Inc. under EIN 13-2950311 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,161 participants and $383,562,077 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lg Electronics Usa, Inc.
- EIN
- 13-2950311
- Plan number
- 001
- Plan type
- 2
- Location
- Englewood Cliffs, NJ
- Latest filing year
- 2023
- Participants
- 4,161
- End-of-year plan assets
- $383,562,077
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,161 | H, C | 20241009164040NAL0038478402001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $383,562,077
- Total liabilities (EOY)
- $98,889
- Net assets (EOY)
- $383,463,188
- Net assets (BOY)
- $330,521,966
Income & contributions
- Employer contributions
- $10,994,389
- Participant contributions
- $24,832,883
- Total contributions
- $39,439,600
- Total income / additions
- $96,729,554
Expenses & distributions
- Benefits paid
- $43,202,287
- Administrative expenses
- $567,161
- Total expenses
- $43,788,332
- Net increase / (decrease)
- $52,941,222
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $201,568 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $187,824 | $0 | 2023 |
| Nfp Retirement, Inc. | INVESTMENT ADVISOR | $84,381 | not reported in the loaded dataset | 2023 |
| Plante Moran Pllc | ACCOUNTANT/AUDITOR | $29,500 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Lg Electronics Usa, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Englewood Cliffs, NJ
- Strategic Advisors, Inc. — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation
- Nfp Retirement, Inc. — Schedule C compensation
- Plante Moran Pllc — Schedule C compensation