2023 Form 5500 filing — Maconit, Inc. 401(K) Profit Sharing Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240717091755NAL0002385539001) for Maconit, Inc. 401(K) Profit Sharing Plan, reported by Maconit, Inc. under EIN 30-0294560 and plan number 001. It reports 128 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$7.8MReported net assets$7,831,535
Participants128
Provider compensation$1.4K2 Schedule C row(s)$1,384
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240717091755NAL0002385539001
Plan sponsor
Maconit, Inc.
EIN
30-0294560
Plan number
001
Location
Chesterfield, VA
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$7.8M total assets
Net assets$7.8MLiabilities$0
Money in vs. money out
Total income / additions$2M
Total expenses$699.6K
Benefits paid / distributions$655.2K
Contributions
Employer$351.1K
Participant$560.2K
Full reported line items
Total assets (EOY)
$7,831,535
Total liabilities (EOY)
$0
Net assets (EOY)
$7,831,535
Employer contributions
$351,120
Participant contributions
$560,161
Total income / additions
$1,987,998
Benefits paid
$655,207
Administrative expenses
$44,355
Total expenses
$699,562
Net increase / (decrease)
$1,288,436

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
John Hancock UsaRECORDKEEPER$1,344not reported in the loaded dataset
Davenport & Company LLCRECORDKEEPER$0$40

Related Form 5500 pages