Saertex Retirement Plan — Form 5500 plan (Saertex 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, Saertex Retirement Plan is a benefit plan reported by Saertex Usa, LLC under EIN 56-2223993 and plan number 001. The latest loaded filing year is 2023. The filing reports 199 participants and $6,303,106 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Saertex Usa, LLC
EIN
56-2223993
Plan number
001
Plan type
2
Location
Huntersville, NC
Latest filing year
2023
Participants
199
End-of-year plan assets
$6,303,106

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023199H, C20241009095548NAL0010504803001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,303,106
Total liabilities (EOY)
$0
Net assets (EOY)
$6,303,106
Net assets (BOY)
$5,027,703

Income & contributions

Employer contributions
$330,428
Participant contributions
$594,658
Total contributions
$925,086
Total income / additions
$1,805,401

Expenses & distributions

Benefits paid
$485,781
Administrative expenses
$44,217
Total expenses
$529,998
Net increase / (decrease)
$1,275,403

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$30,951$02023
Kestra Investment Services LLCINVESTMENT ADVISORY$13,266not reported in the loaded dataset2023

Related Form 5500 pages