2023 Form 5500 filing — J.M. Equipment Company, Inc., Profit Sharing 401(K) 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 20240904133134NAL0036519952001) for J.M. Equipment Company, Inc., Profit Sharing 401(K) Plan, reported by J.M. Equipment Company, Inc. under EIN 94-0693960 and plan number 001. It reports 223 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240904133134NAL0036519952001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- J.M. Equipment Company, Inc.
- EIN
- 94-0693960
- Plan number
- 001
- Location
- Manteca, CA
- Participants
- 223
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,160,759
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,160,759
- Employer contributions
- $205,432
- Participant contributions
- $829,254
- Total income / additions
- $3,240,264
- Benefits paid
- $1,995,600
- Administrative expenses
- $84,492
- Total expenses
- $2,080,092
- Net increase / (decrease)
- $1,160,172
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Retirement | RECORDKEEPER | $43,796 | $0 |
| Kestra Advisory Services | RETAINED BY CLIENT | $31,196 | not reported in the loaded dataset |
| Priest Amistadi | RETAINED BY CLIENT | $9,500 | not reported in the loaded dataset |