2023 Form 5500 filing — Mac Valves, Inc. Profit Sharing And 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 20241014103607NAL0014778531002) for Mac Valves, Inc. Profit Sharing And 401(K) Plan, reported by Mac Valves, Inc. under EIN 38-1292687 and plan number 001. It reports 576 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014103607NAL0014778531002
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mac Valves, Inc.
- EIN
- 38-1292687
- Plan number
- 001
- Location
- Wixom, MI
- Participants
- 576
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $37,658,478
- Net assets (EOY)
- $37,658,478
- Employer contributions
- $273,133
- Participant contributions
- $1,529,534
- Total income / additions
- $7,408,726
- Benefits paid
- $2,752,392
- Administrative expenses
- $94,023
- Total expenses
- $2,859,191
- Net increase / (decrease)
- $4,549,535
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Morgan Stanley Global Banking Opera | INVESTMENT ADVISORY | $51,344 | not reported in the loaded dataset |
| Transamerica Retirement Solutions | RECORD KEEPER | $42,679 | $0 |
| National Financial Services | SECURITIES BROKER | $0 | $0 |