2023 Form 5500 filing — Major Brands Oil Company, Inc. 401(K) Salary Reduction Plan & 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 20250623142928NAL0003592659001) for Major Brands Oil Company, Inc. 401(K) Salary Reduction Plan & Trust, reported by Major Brands Oil Company, Inc. under EIN 38-2384152 and plan number 002. It reports 235 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250623142928NAL0003592659001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Major Brands Oil Company, Inc.
- EIN
- 38-2384152
- Plan number
- 002
- Location
- Holland, MI
- Participants
- 235
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,390,970
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,390,970
- Employer contributions
- $196,233
- Participant contributions
- $304,219
- Total income / additions
- $1,374,584
- Benefits paid
- $379,881
- Administrative expenses
- $18,645
- Total expenses
- $398,526
- Net increase / (decrease)
- $976,058
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lincoln National Corporation | SERVICE PROVIDER | $16,019 | $0 |
| Kdp Retirement Plan Services, Inc. | TPA | $2,625 | not reported in the loaded dataset |