2023 Form 5500 filing — Northgate Technologies, Inc. & Monaghan Medical Corp. Employee'S 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 20241015075958NAL0048432688001) for Northgate Technologies, Inc. & Monaghan Medical Corp. Employee'S Retirement & Savings Plan, reported by Monaghan Medical Corp. under EIN 14-1552699 and plan number 001. It reports 275 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015075958NAL0048432688001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Monaghan Medical Corp.
- EIN
- 14-1552699
- Plan number
- 001
- Location
- Plattsburgh, NY
- Participants
- 275
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $27,135,319
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,135,319
- Employer contributions
- $789,132
- Participant contributions
- $1,599,514
- Total income / additions
- $6,673,868
- Benefits paid
- $1,007,336
- Administrative expenses
- $42,300
- Total expenses
- $1,049,636
- Net increase / (decrease)
- $5,624,232
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Life & Annuity Insurance Co | RECORDKEEPER | $25,587 | $0 |
| Global Retirement Partners LLC | INVESTMENT ADVISOR | $16,713 | not reported in the loaded dataset |