2023 Form 5500 filing — Mclaughlin Employees 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 20240909095337NAL0004372657001) for Mclaughlin Employees Profit Sharing Plan, reported by Mclaughlin Research Corporation under EIN 13-1878945 and plan number 002. It reports 768 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240909095337NAL0004372657001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mclaughlin Research Corporation
- EIN
- 13-1878945
- Plan number
- 002
- Location
- Middletown, RI
- Participants
- 768
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $59,379,687
- Net assets (EOY)
- $59,379,687
- Employer contributions
- $1,392,505
- Participant contributions
- $2,696,198
- Total income / additions
- $13,826,233
- Benefits paid
- $4,875,264
- Administrative expenses
- $116,949
- Total expenses
- $4,992,213
- Net increase / (decrease)
- $8,834,020
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $73,301 | $0 |
| Fiducient Advisors LLC | INVESTMENT ADVISOR | $30,623 | not reported in the loaded dataset |
| Clifton Larson Allen | AUDITOR | $13,025 | not reported in the loaded dataset |
| National Financial Services | SECURITIES BROKER | $0 | $0 |