2023 Form 5500 filing — Martin Equipment 401(K) And 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 20241014152529NAL0013531763001) for Martin Equipment 401(K) And Profit Sharing Plan, reported by Martin Equipment Of Illinois, Inc. under EIN 37-1090568 and plan number 001. It reports 187 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014152529NAL0013531763001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Martin Equipment Of Illinois, Inc.
- EIN
- 37-1090568
- Plan number
- 001
- Location
- Goodfield, IL
- Participants
- 187
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $17,220,565
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,220,565
- Employer contributions
- $499,512
- Participant contributions
- $1,259,070
- Total income / additions
- $4,137,870
- Benefits paid
- $2,126,095
- Administrative expenses
- $58,019
- Total expenses
- $2,184,114
- Net increase / (decrease)
- $1,953,756
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $53,867 | $0 |
| Wells Fargo Clearing Services | INV ADV, PARTICIPANTS | $8,668 | not reported in the loaded dataset |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |