2023 Form 5500 filing — Mclaren Technical Services 401(K) 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 20240927134428NAL0001295379001) for Mclaren Technical Services 401(K) Profit Sharing Plan, reported by Mclaren Technical Services, Inc. under EIN 11-3089183 and plan number 001. It reports 392 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240927134428NAL0001295379001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mclaren Technical Services, Inc.
- EIN
- 11-3089183
- Plan number
- 001
- Location
- Woodcliff Lake, NJ
- Participants
- 392
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $25,487,667
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,487,667
- Employer contributions
- $347,058
- Participant contributions
- $1,894,324
- Total income / additions
- $6,282,302
- Benefits paid
- $1,651,177
- Administrative expenses
- $101,744
- Total expenses
- $1,758,107
- Net increase / (decrease)
- $4,524,195
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $101,743 | $0 |
| Gallagher Fiduciary Advisors, LLC | INVESTMENT ADVISORY | $0 | $42,913 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |