2023 Form 5500 filing — Midwest Composite Technologies, LLC 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 20240819050941NAL0001380497001) for Midwest Composite Technologies, LLC 401(K) Profit Sharing Plan, reported by Midwest Composite Technologies, under EIN 39-1484751 and plan number 001. It reports 790 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240819050941NAL0001380497001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Midwest Composite Technologies,
- EIN
- 39-1484751
- Plan number
- 001
- Location
- Hartland, WI
- Participants
- 790
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $30,859,804
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,859,804
- Employer contributions
- $1,153,804
- Participant contributions
- $2,224,463
- Total income / additions
- $8,038,085
- Benefits paid
- $4,107,530
- Administrative expenses
- $70,508
- Total expenses
- $4,196,165
- Net increase / (decrease)
- $3,841,920
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Kestra Advisory Services | INVESTMENT/FINANCIAL ADVI | $49,953 | $0 |
| Adp, Inc. | RECORD KEEPER | $20,554 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |