Maki Corporation 401(K) Profit Sharing Plan — Form 5500 plan (Maki Corporation)
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, Maki Corporation 401(K) Profit Sharing Plan is a benefit plan reported by Maki Corporation under EIN 04-2848462 and plan number 002. The latest loaded filing year is 2023. The filing reports 155 participants and $7,251,169 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Maki Corporation
- EIN
- 04-2848462
- Plan number
- 002
- Plan type
- 2
- Location
- Gardner, MA
- Latest filing year
- 2023
- Participants
- 155
- End-of-year plan assets
- $7,251,169
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 155 | H, C | 20240924095008NAL0007331507001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,251,169
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,251,169
- Net assets (BOY)
- $6,552,589
Income & contributions
- Employer contributions
- $90,890
- Participant contributions
- $532,511
- Total contributions
- $623,401
- Total income / additions
- $1,527,793
Expenses & distributions
- Benefits paid
- $798,559
- Administrative expenses
- $15,568
- Total expenses
- $829,213
- Net increase / (decrease)
- $698,580
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Commonwealth Financial Network | ADVISOR | $0 | $17,117 | 2023 |
| John Hancock Life Insurance Company | RECORDKEEPER | $860 | $0 | 2023 |