Edac Technologies Corporation Gros-Ite Division Employees Pension Plan — Form 5500 plan (Hanwha Aerospace Usa 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, Edac Technologies Corporation Gros-Ite Division Employees Pension Plan is a benefit plan reported by Hanwha Aerospace Usa LLC under EIN 39-1515599 and plan number 002. The latest loaded filing year is 2023. The filing reports 118 participants and $0 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$0Plan net assets, end of year
Participants118Covered participants reported
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensation$24.7K1 Schedule C provider row(s)$24,663
- Plan sponsor
- Hanwha Aerospace Usa LLC
- EIN
- 39-1515599
- Plan number
- 002
- Plan type
- 2
- Location
- Cheshire, CT
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 118 | H, C | 20250303135352NAL0003368803001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Full reported line items
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $3,329,868
Income & contributions
- Employer contributions
- $1,037,803
- Total contributions
- $1,037,803
- Total income / additions
- $1,285,887
Expenses & distributions
- Benefits paid
- $4,591,092
- Administrative expenses
- $24,663
- Total expenses
- $4,615,755
- Net increase / (decrease)
- -$3,329,868
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Benefits paid ÷ total income357%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Bank Of America | NONE | $24,663 | $0 | 2023 |