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, Metal Companies 401(K) Plan is a benefit plan reported by Payroll & Insurance Group Inc under EIN 01-0606601 and plan number 003. The latest loaded filing year is 2023. The filing reports 1,450 participants and $132,218,919 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $132,218,919
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $132,218,919
- Net assets (BOY)
- $109,670,402
Income & contributions
- Employer contributions
- $5,774,331
- Participant contributions
- $7,820,047
- Total contributions
- $14,121,921
- Total income / additions
- $33,910,596
Expenses & distributions
- Benefits paid
- $11,147,756
- Administrative expenses
- $192,205
- Total expenses
- $11,362,079
- Net increase / (decrease)
- $22,548,517