Savings Plan Of Harmonic Drive LLC — Form 5500 plan (Harmonic Drive LLC)
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, Savings Plan Of Harmonic Drive LLC is a benefit plan reported by Harmonic Drive LLC under EIN 20-3942105 and plan number 001. The latest loaded filing year is 2023. The filing reports 231 participants and $24,894,934 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Harmonic Drive LLC
- EIN
- 20-3942105
- Plan number
- 001
- Plan type
- 2
- Location
- Beverly, MA
- Latest filing year
- 2023
- Participants
- 231
- End-of-year plan assets
- $24,894,934
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 231 | H, C | 20241011142245NAL0022030577001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $24,894,934
- Total liabilities (EOY)
- $79,155
- Net assets (EOY)
- $24,815,779
- Net assets (BOY)
- $23,551,772
Income & contributions
- Employer contributions
- $454,150
- Participant contributions
- $1,576,368
- Total contributions
- $2,155,246
- Total income / additions
- $5,278,484
Expenses & distributions
- Benefits paid
- $3,919,888
- Administrative expenses
- $72,748
- Total expenses
- $4,014,477
- Net increase / (decrease)
- $1,264,007
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $42,831 | not reported in the loaded dataset | 2023 |
| Sentinel Pension Advisors Inc | ADVISOR | $30,000 | not reported in the loaded dataset | 2023 |