Nemak Usa, Inc. Retirement Savings Plan — Form 5500 plan (Nemak Usa, 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, Nemak Usa, Inc. Retirement Savings Plan is a benefit plan reported by Nemak Usa, Inc. under EIN 62-1298183 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,829 participants and $174,713,473 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Nemak Usa, Inc.
EIN
62-1298183
Plan number
001
Plan type
2
Location
Southfield, MI
Latest filing year
2023
Participants
2,829
End-of-year plan assets
$174,713,473

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,829H, C20241015150556NAL0048562400001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$174,713,473
Total liabilities (EOY)
$0
Net assets (EOY)
$174,713,473
Net assets (BOY)
$145,858,182

Income & contributions

Employer contributions
$5,297,045
Participant contributions
$11,240,300
Total contributions
$17,080,353
Total income / additions
$42,502,814

Expenses & distributions

Benefits paid
$13,145,843
Administrative expenses
$501,680
Total expenses
$13,647,523
Net increase / (decrease)
$28,855,291

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Sentinel Benefits Group, Inc.TPA$372,926not reported in the loaded dataset2023
Sentinel Pension AdvisorsADVISOR$100,000not reported in the loaded dataset2023
Fidelity Trust CompanyCUSTODIAN$28,754not reported in the loaded dataset2023

Related Form 5500 pages