2023 Form 5500 filing — Maxim Group, LLC 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 20241015112951NAL0016232227002) for Maxim Group, LLC 401(K) Plan, reported by Maxim Group, LLC under EIN 04-3640096 and plan number 001. It reports 250 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015112951NAL0016232227002
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Maxim Group, LLC
- EIN
- 04-3640096
- Plan number
- 001
- Location
- Woodbury, NY
- Participants
- 250
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $72,179,224
- Net assets (EOY)
- $72,179,224
- Employer contributions
- $200,882
- Participant contributions
- $2,624,103
- Total income / additions
- $14,677,779
- Benefits paid
- $6,644,475
- Administrative expenses
- $105,456
- Total expenses
- $6,749,931
- Net increase / (decrease)
- $7,927,848
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $105,455 | $0 |
| Danziger & Markhoff Llp | OTHER SERVICES | $0 | $11,461 |