Materne North America 401(K) Retirement Plan — Form 5500 plan (Materne North America Corp.)

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, Materne North America 401(K) Retirement Plan is a benefit plan reported by Materne North America Corp. under EIN 27-3542029 and plan number 001. The latest loaded filing year is 2023. The filing reports 874 participants and $39,304,701 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Materne North America Corp.
EIN
27-3542029
Plan number
001
Plan type
2
Location
New York, NY
Latest filing year
2023
Participants
874
End-of-year plan assets
$39,304,701

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023874H, C20240829091135NAL0006339923001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$39,304,701
Total liabilities (EOY)
$0
Net assets (EOY)
$39,304,701
Net assets (BOY)
$28,604,225

Income & contributions

Employer contributions
$2,284,578
Participant contributions
$4,740,844
Total contributions
$7,796,215
Total income / additions
$13,503,248

Expenses & distributions

Benefits paid
$2,362,170
Administrative expenses
$176,838
Total expenses
$2,539,428
Net increase / (decrease)
$10,963,820

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$175,999$02023
Ubs Financial Services IncINVESTMENT ADVISORY$0$61,1972023
Legacy Retirement Solutions LLCOTHER SERVICES$0$15,6402023

Related Form 5500 pages