2023 Form 5500 filing — May Institute, Inc. Defined Contribution Retirement 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 20241010075237NAL0009813139001) for May Institute, Inc. Defined Contribution Retirement Plan, reported by The May Institute, Inc. under EIN 04-2197449 and plan number 002. It reports 2,268 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010075237NAL0009813139001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The May Institute, Inc.
- EIN
- 04-2197449
- Plan number
- 002
- Location
- Randolph, MA
- Participants
- 2,268
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $74,838,473
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $74,838,473
- Employer contributions
- $913,596
- Participant contributions
- $3,938,940
- Total income / additions
- $15,554,741
- Benefits paid
- $4,432,492
- Administrative expenses
- $93,347
- Total expenses
- $4,625,747
- Net increase / (decrease)
- $10,928,994
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Rbc Wealth Management | INVESTMENT MANAGEMENT | $79,311 | not reported in the loaded dataset |
| Lincoln National Corporation | SERVICE PROVIDER | $13,876 | $0 |