Mclaren Technical Services 401(K) Profit Sharing Plan — Form 5500 plan (Mclaren Technical Services, 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, Mclaren Technical Services 401(K) Profit Sharing Plan is a benefit plan reported by Mclaren Technical Services, Inc. under EIN 11-3089183 and plan number 001. The latest loaded filing year is 2023. The filing reports 392 participants and $25,487,667 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mclaren Technical Services, Inc.
- EIN
- 11-3089183
- Plan number
- 001
- Plan type
- 2
- Location
- Woodcliff Lake, NJ
- Latest filing year
- 2023
- Participants
- 392
- End-of-year plan assets
- $25,487,667
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 392 | H, C | 20240927134428NAL0001295379001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,487,667
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,487,667
- Net assets (BOY)
- $20,963,472
Income & contributions
- Employer contributions
- $347,058
- Participant contributions
- $1,894,324
- Total contributions
- $2,500,518
- Total income / additions
- $6,282,302
Expenses & distributions
- Benefits paid
- $1,651,177
- Administrative expenses
- $101,744
- Total expenses
- $1,758,107
- Net increase / (decrease)
- $4,524,195
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $101,743 | $0 | 2023 |
| Gallagher Fiduciary Advisors, LLC | INVESTMENT ADVISORY | $0 | $42,913 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Mclaren Technical Services, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Woodcliff Lake, NJ
- Principal Life Insurance Company — Schedule C compensation
- Gallagher Fiduciary Advisors, LLC — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation