Sandvik Pension Plan — Form 5500 plan (Sandvik, 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, Sandvik Pension Plan is a benefit plan reported by Sandvik, Inc. under EIN 22-1717737 and plan number 004. The latest loaded filing year is 2023. The filing reports 4,853 participants and $618,450,005 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sandvik, Inc.
- EIN
- 22-1717737
- Plan number
- 004
- Plan type
- 2
- Location
- Mebane, NC
- Latest filing year
- 2023
- Participants
- 4,853
- End-of-year plan assets
- $618,450,005
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,853 | H, C | 20241015134929NAL0029846209001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $618,450,005
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $618,450,005
- Net assets (BOY)
- $614,582,388
Income & contributions
- Total contributions
- $0
- Total income / additions
- $44,190,006
Expenses & distributions
- Benefits paid
- $38,195,771
- Administrative expenses
- $2,126,618
- Total expenses
- $40,322,389
- Net increase / (decrease)
- $3,867,617
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mercer Investments LLC | FIDUCIARY | $941,294 | $100,003 | 2023 |
| Mercer | NONE | $611,980 | not reported in the loaded dataset | 2023 |
| State Street Global Advisors | NONE | $32,836 | not reported in the loaded dataset | 2023 |
| Crowe Llp | NONE | $31,686 | not reported in the loaded dataset | 2023 |
| Buck Global, LLC | NONE | $26,375 | not reported in the loaded dataset | 2023 |
| State Street Global Advisors | NONE | $14,431 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sandvik, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Mebane, NC
- Mercer Investments LLC — Schedule C compensation
- Mercer — Schedule C compensation
- State Street Global Advisors — Schedule C compensation
- Crowe Llp — Schedule C compensation
- Buck Global, LLC — Schedule C compensation