2023 Form 5500 filing — Maugus Manufacturing, Inc. 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 20240723075317NAL0023729682001) for Maugus Manufacturing, Inc. Profit Sharing Plan, reported by Maugus Manufacturing, Inc. under EIN 04-2067189 and plan number 002. It reports 197 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)$8.2MReported net assets$8,234,563
Participants197
Provider compensation$11.2K1 Schedule C row(s)$11,152
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240723075317NAL0023729682001
Plan sponsor
Maugus Manufacturing, Inc.
EIN
04-2067189
Plan number
002
Location
Lancaster, PA
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)$8.2M total assets
Net assets$8.2MLiabilities$10.2K
Money in vs. money out
Total income / additions$1.7M
Total expenses$1.2M
Benefits paid / distributions$1.2M
Contributions
Employer$210.4K
Participant$323.8K
Full reported line items
Total assets (EOY)
$8,244,805
Total liabilities (EOY)
$10,242
Net assets (EOY)
$8,234,563
Employer contributions
$210,351
Participant contributions
$323,822
Total income / additions
$1,661,528
Benefits paid
$1,237,477
Administrative expenses
$11,152
Total expenses
$1,248,629
Net increase / (decrease)
$412,899

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Alerus Financial, N.A.RECORDKEEPER$11,152$0

Related Form 5500 pages