Maxion Wheels Retirement Savings Plan — Form 5500 plan (Maxion Wheels U.S.A. 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, Maxion Wheels Retirement Savings Plan is a benefit plan reported by Maxion Wheels U.S.A. LLC under EIN 30-0167742 and plan number 055. The latest loaded filing year is 2023. The filing reports 562 participants and $71,643,171 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Maxion Wheels U.S.A. LLC
- EIN
- 30-0167742
- Plan number
- 055
- Plan type
- 2
- Location
- Novi, MI
- Latest filing year
- 2023
- Participants
- 562
- End-of-year plan assets
- $71,643,171
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 562 | H, C | 20240924144123NAL0026428450001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $71,643,171
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $71,643,171
- Net assets (BOY)
- $75,028,393
Income & contributions
- Employer contributions
- $643,328
- Participant contributions
- $1,184,862
- Total contributions
- $1,828,190
- Total income / additions
- $12,488,621
Expenses & distributions
- Benefits paid
- $15,853,399
- Administrative expenses
- $20,444
- Total expenses
- $15,873,843
- Net increase / (decrease)
- -$3,385,222
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins Company Of Amer | NONE | $10,474 | $0 | 2023 |
| T Rowe Price Rps Inc | NONE | $5,160 | $0 | 2023 |
| Empower Advisory Group, LLC | NONE | $4,810 | not reported in the loaded dataset | 2023 |