2023 Form 5500 filing — Martek Global Services, Inc. 401(K) Profit Sharing Plan & Trust
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 20240725081206NAL0013762561001) for Martek Global Services, Inc. 401(K) Profit Sharing Plan & Trust, reported by Martek Global Services, Inc. under EIN 52-2003055 and plan number 001. It reports 192 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240725081206NAL0013762561001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Martek Global Services, Inc.
- EIN
- 52-2003055
- Plan number
- 001
- Location
- Bethesda, MD
- Participants
- 192
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,995,213
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,995,213
- Employer contributions
- $144,030
- Participant contributions
- $597,510
- Total income / additions
- $1,679,970
- Benefits paid
- $1,199,740
- Administrative expenses
- $28,712
- Total expenses
- $1,231,020
- Net increase / (decrease)
- $448,950
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $28,664 | $0 |
| Osaic Wealth, Inc. | OTHER SERVICES | $0 | $7,389 |
| Wilshire Associates LLC | INVESTMENT ADVISORY | $0 | $0 |