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, Borusan Mannesmann 401(K) Plan is a benefit plan reported by Borusan Mannesmann Pipe U.S., Inc. under EIN 33-1217424 and plan number 001. The latest loaded filing year is 2023. The filing reports 409 participants and $14,358,460 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,358,460
- Net assets (EOY)
- $14,358,460
- Net assets (BOY)
- $9,894,628
Income & contributions
- Employer contributions
- $1,929,218
- Participant contributions
- $2,185,200
- Total contributions
- $4,148,602
- Total income / additions
- $5,998,215
Expenses & distributions
- Benefits paid
- $1,504,119
- Administrative expenses
- $30,264
- Total expenses
- $1,534,383
- Net increase / (decrease)
- $4,463,832