Akzonobel Hourly Savings Plan — Form 5500 plan (Akzo Nobel Inc.)

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, Akzonobel Hourly Savings Plan is a benefit plan reported by Akzo Nobel Inc. under EIN 56-1349341 and plan number 095. The latest loaded filing year is 2023. The filing reports 236 participants and $15,214,204 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$15.2MPlan net assets, end of year$15,214,204
Participants236Covered participants reported
Assets / participant$64.5KComputed: assets ÷ participants$64,467 (computed)
Provider compensation$32.1K3 Schedule C provider row(s)$32,076
Plan sponsor
Akzo Nobel Inc.
EIN
56-1349341
Plan number
095
Plan type
2
Location
Nashville, TN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023236H, C20241015160921NAL0016842051001
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.

Reported balance (end of year)$15.2M total assets
Net assets$15.2MLiabilities$0
Money in vs. money out
Total income / additions$4M
Total expenses$1.3M
Benefits paid / distributions$1.3M
Contributions
Employer$973.6K
Participant$913.7K
Full reported line items

Net assets

Total assets (EOY)
$15,214,204
Total liabilities (EOY)
$0
Net assets (EOY)
$15,214,204
Net assets (BOY)
$12,594,301

Income & contributions

Employer contributions
$973,632
Participant contributions
$913,690
Total contributions
$1,922,467
Total income / additions
$3,970,037

Expenses & distributions

Benefits paid
$1,309,392
Administrative expenses
$40,187
Total expenses
$1,349,579
Net increase / (decrease)
$2,620,458

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Financial EnginesNONE$17,288not reported in the loaded dataset2023
Fidelity Investments InstitutionalNONE$8,908$02023
Baker Tilly Us, LlpNONE$5,880not reported in the loaded dataset2023

Related Form 5500 pages