Nammo Us 401(K) Plan — Form 5500 plan (Nammo Incorporated)
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, Nammo Us 401(K) Plan is a benefit plan reported by Nammo Incorporated under EIN 54-1959359 and plan number 001. The latest loaded filing year is 2023. The filing reports 817 participants and $50,624,699 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Nammo Incorporated
- EIN
- 54-1959359
- Plan number
- 001
- Plan type
- 2
- Location
- Mesa, AZ
- Latest filing year
- 2023
- Participants
- 817
- End-of-year plan assets
- $50,624,699
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 817 | H, C | 20240826111254NAL0005436195001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $50,624,699
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $50,624,699
- Net assets (BOY)
- $38,462,966
Income & contributions
- Employer contributions
- $1,998,133
- Participant contributions
- $3,064,463
- Total contributions
- $5,738,030
- Total income / additions
- $13,129,863
Expenses & distributions
- Benefits paid
- $2,775,789
- Administrative expenses
- $145,916
- Total expenses
- $2,928,449
- Net increase / (decrease)
- $10,201,414
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $145,915 | $0 | 2023 |
| Global Retirement Partners LLC | INVESTMENT ADVISORY | $0 | $75,290 | 2023 |
| Katzabosch | ACCOUNTANT | $0 | $7,800 | 2023 |