2023 Form 5500 filing — Richard Mcnay, Inc. 401(K) Profit Sharing 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 20250710165243NAL0006778625001) for Richard Mcnay, Inc. 401(K) Profit Sharing Plan, reported by Richard Mcnay, Inc. under EIN 37-1027643 and plan number 001. It reports 229 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250710165243NAL0006778625001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Richard Mcnay, Inc.
- EIN
- 37-1027643
- Plan number
- 001
- Location
- Quincy, IL
- Participants
- 229
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,274,093
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,274,093
- Employer contributions
- $213,193
- Participant contributions
- $512,155
- Total income / additions
- $2,009,997
- Benefits paid
- $900,180
- Administrative expenses
- $34,861
- Total expenses
- $935,041
- Net increase / (decrease)
- $1,074,956
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Benefit Plans Plus LLC | TPA | $14,713 | $3,652 |
| Empower Annuity Ins Co Of America | RECORDKEEPER | $13,122 | $0 |
| Ti-Trust, Inc. | TRUSTEE | $12,240 | not reported in the loaded dataset |
| Wade Stables P.C. | AUDIT FIRM | $8,650 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $358 | not reported in the loaded dataset |
| Ascensus | CONTRACT ADMIN | $0 | $201 |