2023 Form 5500 filing — Malco Products, Inc. Incentive Savings Plan And Trust
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 20241015121117NAL0028350881001) for Malco Products, Inc. Incentive Savings Plan And Trust, reported by Malco Products, Inc. under EIN 34-0838177 and plan number 002. It reports 401 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015121117NAL0028350881001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Malco Products, Inc.
- EIN
- 34-0838177
- Plan number
- 002
- Location
- Barberton, OH
- Participants
- 401
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,622,991
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,622,991
- Employer contributions
- $315,199
- Participant contributions
- $787,757
- Total income / additions
- $3,690,398
- Benefits paid
- $2,636,635
- Administrative expenses
- $77,456
- Total expenses
- $2,722,066
- Net increase / (decrease)
- $968,332
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Newport Group, Inc. | RECORDKEEPER | $38,790 | $0 |
| Captrust | ADVISOR | $30,744 | not reported in the loaded dataset |
| Newport Trust Company | TRUSTEE | $7,922 | $0 |