Plan5500

Main Brothers Oil Company, Inc. 401(K) Plan — Form 5500 plan (Main Brothers Oil 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, Main Brothers Oil Company, Inc. 401(K) Plan is a benefit plan reported by Main Brothers Oil Company, Inc. under EIN 14-6024844 and plan number 004. The latest loaded filing year is 2023. The filing reports 126 participants and $5,617,955 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$5,617,955
Participants126Covered participants reported
Assets / participant$44.6KComputed: assets ÷ participants$44,587 (computed)
Provider compensation$37.9K2 Schedule C provider row(s)$37,878
Plan sponsor
Main Brothers Oil Company, Inc.
EIN
14-6024844
Plan number
004
Plan type
2
Location
Albany, NY
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    126 participants · 2Sch HSch C
    View filing →
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$1.1M
Total expenses$1.4M
Benefits paid / distributions$1.4M
Contributions
Employer$52K
Participant$357.9K
Full reported line items

Net assets

Total assets (EOY)
$5,617,955
Total liabilities (EOY)
$0
Net assets (EOY)
$5,617,955
Net assets (BOY)
$5,955,838

Income & contributions

Employer contributions
$52,004
Participant contributions
$357,941
Total contributions
$520,341
Total income / additions
$1,089,375

Expenses & distributions

Benefits paid
$1,383,515
Administrative expenses
$43,743
Total expenses
$1,427,258
Net increase / (decrease)
-$337,883
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.

Contribution share (employer vs. participant)
Employer 13%Participant 87%
Total expenses ÷ net assets25%Computed ratio
Benefits paid ÷ total income127%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Principal Life Insurance Company$20.6K
    CONTRACT ADMINISTRATOR · Direct $20.6K · Indirect $0
  2. 2
    Merrill Lynch Pierce Fenner & Smith$17.3K
    CONSULTANT · Direct $17.3K · Indirect $15

What to inspect next

Frequently asked questions

Who sponsors the Main Brothers Oil Company, Inc. 401(K) Plan?
Main Brothers Oil Company, Inc. 401(K) Plan is reported as sponsored by Main Brothers Oil Company, Inc. (EIN 14-6024844, plan number 004) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Main Brothers Oil Company, Inc. 401(K) Plan?
The latest Form 5500 filing year loaded for Main Brothers Oil Company, Inc. 401(K) Plan is 2023.
How many participants does Main Brothers Oil Company, Inc. 401(K) Plan report?
Main Brothers Oil Company, Inc. 401(K) Plan reports 126 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Main Brothers Oil Company, Inc. 401(K) Plan?
Main Brothers Oil Company, Inc. 401(K) Plan reports $5,617,955 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages