Drexel Chemical Company Money Purchase Pension Plan And Trust — Form 5500 plan (Drexel Chemical Company)
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, Drexel Chemical Company Money Purchase Pension Plan And Trust is a benefit plan reported by Drexel Chemical Company under EIN 62-0873303 and plan number 001. The latest loaded filing year is 2023. The filing reports 221 participants and $10,114,434 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Drexel Chemical Company
- EIN
- 62-0873303
- Plan number
- 001
- Plan type
- 2
- Location
- Memphis, TN
- Latest filing year
- 2023
- Participants
- 221
- End-of-year plan assets
- $10,114,434
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 221 | H, C | 20241014094247NAL0026932849001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,114,434
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,114,434
- Net assets (BOY)
- $9,160,278
Income & contributions
- Employer contributions
- $755,779
- Total contributions
- $755,779
- Total income / additions
- $1,485,637
Expenses & distributions
- Benefits paid
- $479,726
- Administrative expenses
- $51,755
- Total expenses
- $531,481
- Net increase / (decrease)
- $954,156
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| First Horizon Bank | NONE | $36,619 | not reported in the loaded dataset | 2023 |
| Ata Cpas & Advisors Pllc | NONE | $9,500 | not reported in the loaded dataset | 2023 |
| Acuff & Associates, Inc. | NONE | $5,636 | not reported in the loaded dataset | 2023 |