A123 Systems LLC 401(K) Plan — Form 5500 plan (A123 Systems 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, A123 Systems LLC 401(K) Plan is a benefit plan reported by A123 Systems LLC under EIN 35-2464405 and plan number 001. The latest loaded filing year is 2023. The filing reports 389 participants and $24,400,950 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- A123 Systems LLC
- EIN
- 35-2464405
- Plan number
- 001
- Plan type
- 2
- Location
- Novi, MI
- Latest filing year
- 2023
- Participants
- 389
- End-of-year plan assets
- $24,400,950
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 389 | H, C | 20240927084628NAL0001807233001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $24,400,950
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,400,950
- Net assets (BOY)
- $23,177,147
Income & contributions
- Employer contributions
- $474,499
- Participant contributions
- $1,108,198
- Total contributions
- $1,615,114
- Total income / additions
- $5,339,310
Expenses & distributions
- Benefits paid
- $4,048,030
- Administrative expenses
- $67,477
- Total expenses
- $4,115,507
- Net increase / (decrease)
- $1,223,803
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $67,477 | $0 | 2023 |
| Sigma Financial Corporation | OTHER SERVICES | $0 | $14,641 | 2023 |
| The Waterford Group, LLC | INVESTMENT ADVISORY | $0 | $12,808 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for A123 Systems LLC
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Novi, MI
- Principal Life Insurance Company — Schedule C compensation
- Sigma Financial Corporation — Schedule C compensation
- The Waterford Group, LLC — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation