Plan5500

Sandvik 401(K) Retirement 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 401(K) Retirement Plan is a benefit plan reported by Sandvik, Inc. under EIN 22-1717737 and plan number 006. The latest loaded filing year is 2023. The filing reports 4,235 participants and $624,019,207 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sandvik, Inc.
EIN
22-1717737
Plan number
006
Plan type
2
Location
Mebane, NC
Latest filing year
2023
Participants
4,235
End-of-year plan assets
$624,019,207

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,235H, C20241015153321NAL0016763571001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$624,019,207
Total liabilities (EOY)
$0
Net assets (EOY)
$624,019,207
Net assets (BOY)
$539,841,237

Income & contributions

Employer contributions
$22,516,448
Participant contributions
$19,636,600
Total contributions
$45,572,761
Total income / additions
$143,196,469

Expenses & distributions

Benefits paid
$58,873,420
Administrative expenses
$138,391
Total expenses
$59,018,499
Net increase / (decrease)
$84,177,970

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
T Rowe Price Rps IncNONE$68,163$02023
Crowe LLCNONE$38,664not reported in the loaded dataset2023
Buck Global LLCNONE$31,650not reported in the loaded dataset2023

Related Form 5500 pages