2023 Form 5500 filing — Manar Group 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 20240920104658NAL0007329377001) for Manar Group 401(K) Plan, reported by Manar, Inc. under EIN 35-1320960 and plan number 001. It reports 308 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)$7MReported net assets$7,016,003
Participants308
Provider compensation$55.5K2 Schedule C row(s)$55,463
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240920104658NAL0007329377001
Plan sponsor
Manar, Inc.
EIN
35-1320960
Plan number
001
Location
Columbus, IN
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)$7.1M total assets
Net assets$7MLiabilities$99.4K
Money in vs. money out
Total income / additions$1.7M
Total expenses$421.8K
Benefits paid / distributions$372.9K
Contributions
Employer$175.9K
Participant$485.9K
Full reported line items
Total assets (EOY)
$7,115,365
Total liabilities (EOY)
$99,362
Net assets (EOY)
$7,016,003
Employer contributions
$175,864
Participant contributions
$485,904
Total income / additions
$1,727,461
Benefits paid
$372,875
Administrative expenses
$48,962
Total expenses
$421,837
Net increase / (decrease)
$1,305,624

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Shepherd Financ Invt Advisory LLCNONE$29,794not reported in the loaded dataset
Stancorp Financial GroupNONE$25,669not reported in the loaded dataset

Related Form 5500 pages