Louis Padnos Iron & Metal Company Savings And Retirement Plan — Form 5500 plan (Louis Padnos Iron & Metal Company)

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, Louis Padnos Iron & Metal Company Savings And Retirement Plan is a benefit plan reported by Louis Padnos Iron & Metal Company under EIN 38-1283690 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,072 participants and $94,961,162 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Louis Padnos Iron & Metal Company
EIN
38-1283690
Plan number
001
Plan type
2
Location
Grandville, MI
Latest filing year
2023
Participants
1,072
End-of-year plan assets
$94,961,162

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,072H, C20241013153639NAL0025958801001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$94,961,162
Total liabilities (EOY)
$0
Net assets (EOY)
$94,961,162
Net assets (BOY)
$82,674,379

Income & contributions

Employer contributions
$3,855,750
Participant contributions
$3,333,294
Total contributions
$7,851,109
Total income / additions
$18,763,241

Expenses & distributions

Benefits paid
$6,344,813
Administrative expenses
$131,645
Total expenses
$6,476,458
Net increase / (decrease)
$12,286,783

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Granite Group AdvisorsADVISOR$59,295not reported in the loaded dataset2023
Newport Group, Inc.RECORDKEEPER$58,456$02023

Related Form 5500 pages