2023 Form 5500 filing — Mate Precision Technologies Employee 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 20240919130153NAL0003569059001) for Mate Precision Technologies Employee Retirement Savings Plan, reported by Mate Precision Technologies under EIN 41-0881512 and plan number 001. It reports 379 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240919130153NAL0003569059001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mate Precision Technologies
- EIN
- 41-0881512
- Plan number
- 001
- Location
- Anoka, MN
- Participants
- 379
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $71,594,211
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $71,594,211
- Employer contributions
- $1,077,108
- Participant contributions
- $2,347,967
- Total income / additions
- $16,122,036
- Benefits paid
- $6,096,041
- Administrative expenses
- -$30,063
- Total expenses
- $6,065,978
- Net increase / (decrease)
- $10,056,058
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Global Retirement Partners LLC | ADVISOR | $22,528 | not reported in the loaded dataset |
| Securities America Advisor Inc | ADVISOR | $15,187 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$77,524 | $0 |