2023 Form 5500 filing — Mechanics Bank 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 20240918131534NAL0002593331001) for Mechanics Bank 401(K) Profit Sharing Plan & Trust, reported by Mechanics Bank under EIN 34-0394160 and plan number 002. It reports 161 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240918131534NAL0002593331001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mechanics Bank
- EIN
- 34-0394160
- Plan number
- 002
- Location
- Mansfield, OH
- Participants
- 161
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,834,842
- Net assets (EOY)
- $12,834,842
- Employer contributions
- $485,447
- Participant contributions
- $540,943
- Total income / additions
- $3,166,468
- Benefits paid
- $945,589
- Administrative expenses
- $68,807
- Total expenses
- $1,014,396
- Net increase / (decrease)
- $2,152,072
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Protpa | not reported in the loaded dataset | $26,019 | not reported in the loaded dataset |
| Esb Wealth Management | not reported in the loaded dataset | $20,338 | not reported in the loaded dataset |
| Crowe Horwath Llp | not reported in the loaded dataset | $16,800 | not reported in the loaded dataset |
| Matrix Trust Company | not reported in the loaded dataset | $5,650 | not reported in the loaded dataset |