Plan5500

Dak Americas LLC Pension Plan — Form 5500 plan (Alpek Polyester 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, Dak Americas LLC Pension Plan is a benefit plan reported by Alpek Polyester Usa, LLC under EIN 52-2343187 and plan number 002. The latest loaded filing year is 2023. The filing reports 682 participants and $74,576,473 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Alpek Polyester Usa, LLC
EIN
52-2343187
Plan number
002
Plan type
2
Location
Charlotte, NC
Latest filing year
2023
Participants
682
End-of-year plan assets
$74,576,473

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023682H, C20241015191522NAL0049506976001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$74,576,473
Total liabilities (EOY)
$0
Net assets (EOY)
$74,576,473
Net assets (BOY)
$71,865,710

Income & contributions

Employer contributions
$1,912,362
Total contributions
$1,912,362
Total income / additions
$10,869,915

Expenses & distributions

Benefits paid
$7,307,586
Administrative expenses
$851,566
Total expenses
$8,159,152
Net increase / (decrease)
$2,710,763

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$182,740$02023
Long Cpa, PllcACCOUNTANT$7,000not reported in the loaded dataset2023

Related Form 5500 pages