Knorr Brake 401(K) Retirement And Savings Plan — Form 5500 plan (Knorr-Bremse)

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, Knorr Brake 401(K) Retirement And Savings Plan is a benefit plan reported by Knorr-Bremse under EIN 16-1385584 and plan number 003. The latest loaded filing year is 2023. The filing reports 1,611 participants and $198,517,904 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Knorr-Bremse
EIN
16-1385584
Plan number
003
Plan type
2
Location
Watertown, NY
Latest filing year
2023
Participants
1,611
End-of-year plan assets
$198,517,904

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,611H, C20241011122449NAL0021842481001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$198,517,904
Total liabilities (EOY)
$0
Net assets (EOY)
$198,517,904
Net assets (BOY)
$172,662,978

Income & contributions

Employer contributions
$7,116,571
Participant contributions
$7,244,600
Total contributions
$16,153,904
Total income / additions
$45,711,612

Expenses & distributions

Benefits paid
$19,726,328
Administrative expenses
$113,453
Total expenses
$19,856,686
Net increase / (decrease)
$25,854,926

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$72,271not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$41,182$02023

Related Form 5500 pages