Maxim Group, LLC 401(K) Plan — Form 5500 plan (Maxim Group, LLC)

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, Maxim Group, LLC 401(K) Plan is a benefit plan reported by Maxim Group, LLC under EIN 04-3640096 and plan number 001. The latest loaded filing year is 2023. The filing reports 250 participants and $72,179,224 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Maxim Group, LLC
EIN
04-3640096
Plan number
001
Plan type
2
Location
Woodbury, NY
Latest filing year
2023
Participants
250
End-of-year plan assets
$72,179,224

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023250H, C20241015112951NAL0016232227002

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$72,179,224
Net assets (EOY)
$72,179,224
Net assets (BOY)
$64,251,376

Income & contributions

Employer contributions
$200,882
Participant contributions
$2,624,103
Total contributions
$3,101,255
Total income / additions
$14,677,779

Expenses & distributions

Benefits paid
$6,644,475
Administrative expenses
$105,456
Total expenses
$6,749,931
Net increase / (decrease)
$7,927,848

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$105,455$02023
Danziger & Markhoff LlpOTHER SERVICES$0$11,4612023

Related Form 5500 pages