2023 Form 5500 filing — Modern Manufacturing & Engineering Inc. Retirement/Savings 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 20240905121101NAL0034937216001) for Modern Manufacturing & Engineering Inc. Retirement/Savings Plan, reported by Modern Manufacturing & Engineering Inc. under EIN 41-1775912 and plan number 001. It reports 156 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)$15.5MReported net assets$15,479,213
Participants156
Provider compensation$78.2K3 Schedule C row(s)$78,159
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240905121101NAL0034937216001
Plan sponsor
Modern Manufacturing & Engineering Inc.
EIN
41-1775912
Plan number
001
Location
Brooklyn Park, MN
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)$15.5M total assets
Net assets$15.5MLiabilities$0
Money in vs. money out
Total income / additions$3.3M
Total expenses$1.2M
Benefits paid / distributions$1.1M
Contributions
Employer$185.4K
Participant$921.6K
Full reported line items
Total assets (EOY)
$15,479,213
Total liabilities (EOY)
$0
Net assets (EOY)
$15,479,213
Employer contributions
$185,394
Participant contributions
$921,598
Total income / additions
$3,303,647
Benefits paid
$1,121,351
Administrative expenses
$78,160
Total expenses
$1,199,837
Net increase / (decrease)
$2,103,810

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Cliftonlarsonallen Wealth AdvisorsADVISOR$34,362not reported in the loaded dataset
Fidelity Investments InstitutionalRECORDKEEPER$31,739$0
Strategic Advisors, Inc.ADVISOR$12,058not reported in the loaded dataset

Related Form 5500 pages