Fiber Industries, Inc. Retirement Income Plan — Form 5500 plan (Alpek Polyester Mississippi, 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, Fiber Industries, Inc. Retirement Income Plan is a benefit plan reported by Alpek Polyester Mississippi, Inc. under EIN 64-0877945 and plan number 005. The latest loaded filing year is 2023. The filing reports 524 participants and $27,937,817 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Alpek Polyester Mississippi, Inc.
EIN
64-0877945
Plan number
005
Plan type
2
Location
Charlotte, NC
Latest filing year
2023
Participants
524
End-of-year plan assets
$27,937,817

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023524H, C20250115154243NAL0021900385001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$27,937,817
Total liabilities (EOY)
$0
Net assets (EOY)
$27,937,817
Net assets (BOY)
$29,076,057

Income & contributions

Employer contributions
$24,500
Total contributions
$24,500
Total income / additions
$3,001,272

Expenses & distributions

Benefits paid
$3,950,638
Administrative expenses
$188,874
Total expenses
$4,139,512
Net increase / (decrease)
-$1,138,240

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$188,874$02023
Long Cpa, PllcACCOUNTANT$7,000not reported in the loaded dataset2023

Related Form 5500 pages