Murdock Webbing Company, Inc. Employee Savings & Security Plan — Form 5500 plan (Murdock Webbing Company, Inc.)

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, Murdock Webbing Company, Inc. Employee Savings & Security Plan is a benefit plan reported by Murdock Webbing Company, Inc. under EIN 05-0270977 and plan number 003. The latest loaded filing year is 2023. The filing reports 178 participants and $5,616,140 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.6MPlan net assets, end of year$5,616,140
Participants178Covered participants reported
Assets / participant$31.6KComputed: assets ÷ participants$31,551 (computed)
Provider compensation$22.3K2 Schedule C provider row(s)$22,333
Plan sponsor
Murdock Webbing Company, Inc.
EIN
05-0270977
Plan number
003
Plan type
2
Location
Central Falls, RI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023178H, C20241015225520NAL0029821521001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$5.6M total assets
Net assets$5.6MLiabilities$0
Money in vs. money out
Total income / additions$932K
Total expenses$363.6K
Benefits paid / distributions$339.8K
Contributions
EmployerNot reported
Participant$334.8K
Full reported line items

Net assets

Total assets (EOY)
$5,616,140
Total liabilities (EOY)
$0
Net assets (EOY)
$5,616,140
Net assets (BOY)
$5,047,702

Income & contributions

Participant contributions
$334,778
Total contributions
$335,758
Total income / additions
$932,011

Expenses & distributions

Benefits paid
$339,760
Administrative expenses
$23,813
Total expenses
$363,573
Net increase / (decrease)
$568,438
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income36%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$22,333$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages