2023 Form 5500 filing — Macc 401(K) 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 20241015084609NAL0029050641001) for Macc 401(K) Retirement Plan, reported by Metropolitan Alliance Of Connected Communities under EIN 41-1959688 and plan number 002. It reports 194 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 3 · 2023
Filing snapshot
Net assets (EOY)$2.5MReported net assets$2,502,239
Participants194
Provider compensation$22.8K4 Schedule C row(s)$22,835
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015084609NAL0029050641001
- Plan sponsor
- Metropolitan Alliance Of Connected Communities
- EIN
- 41-1959688
- Plan number
- 002
- Location
- Minneapolis, MN
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$2.5M total assets
Net assets$2.5MLiabilities$3.3K
Full reported line items
- Total assets (EOY)
- $2,505,549
- Total liabilities (EOY)
- $3,310
- Net assets (EOY)
- $2,502,239
- Employer contributions
- $113,432
- Participant contributions
- $263,220
- Total income / additions
- $750,437
- Benefits paid
- $139,731
- Administrative expenses
- $24,261
- Total expenses
- $163,992
- Net increase / (decrease)
- $586,445
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alerus Financial, N.A. | NONE | $16,978 | $0 |
| Intellicents | NONE | $5,320 | not reported in the loaded dataset |
| Charles Schwab Trust Bank | NONE | $0 | $537 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 |