Drummond, Woodsum & Macmahon, P.A. Profit Sharing Plan — Form 5500 plan (Drummond, Woodsum & Macmahon, P.A.)

Plain-English plan 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, Drummond, Woodsum & Macmahon, P.A. Profit Sharing Plan is a benefit plan reported by Drummond, Woodsum & Macmahon, P.A. under EIN 01-0351512 and plan number 002. The latest loaded filing year is 2023. The filing reports 188 participants and $78,690,669 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Drummond, Woodsum & Macmahon, P.A.
EIN
01-0351512
Plan number
002
Plan type
2
Location
Portland, ME
Latest filing year
2023
Participants
188
End-of-year plan assets
$78,690,669

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023188H, C20241009141844NAL0038120226001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$78,690,669
Total liabilities (EOY)
$0
Net assets (EOY)
$78,690,669
Net assets (BOY)
$68,837,705

Income & contributions

Employer contributions
$2,044,846
Participant contributions
$2,094,781
Total contributions
$4,615,843
Total income / additions
$15,225,441

Expenses & distributions

Benefits paid
$5,361,228
Administrative expenses
$7,044
Total expenses
$5,372,477
Net increase / (decrease)
$9,852,964

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$3,936$02023

Related Form 5500 pages