2023 Form 5500 filing — Mar-Bal, Inc. 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 20241014082429NAL0025720769001) for Mar-Bal, Inc. Retirement Savings Plan, reported by Mar-Bal, Inc. under EIN 34-1059601 and plan number 004. It reports 627 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014082429NAL0025720769001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mar-Bal, Inc.
- EIN
- 34-1059601
- Plan number
- 004
- Location
- Chagrin Falls, OH
- Participants
- 627
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $17,158,294
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,158,294
- Employer contributions
- $522,048
- Participant contributions
- $1,129,894
- Total income / additions
- $4,288,216
- Benefits paid
- $558,508
- Administrative expenses
- $106,982
- Total expenses
- $671,555
- Net increase / (decrease)
- $3,616,661
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Co Of Ame | RECORDKEEPER | $104,405 | $0 |
| Ameriprise Financial Services LLC | BROKER/ADVISER | $0 | $36,518 |
| Cbiz Benefits & Ins Services Inc | CONTRACT ADMIN | $0 | $10,000 |
| Leafhouse Financial Advisors, LLC | OTHER | $6,515 | not reported in the loaded dataset |
| Cuini And Panichi Inc. | AUDITOR | $3,300 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,206 | not reported in the loaded dataset |