Global Affiliates Union 401(K) Plan — Form 5500 plan (Mayco International 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, Global Affiliates Union 401(K) Plan is a benefit plan reported by Mayco International LLC under EIN 20-5663915 and plan number 001. The latest loaded filing year is 2023. The filing reports 879 participants and $6,258,825 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$6.3MPlan net assets, end of year$6,258,825
Participants879Covered participants reported
Assets / participant$7.1KComputed: assets ÷ participants$7,120 (computed)
Provider compensation$28.8K2 Schedule C provider row(s)$28,752
- Plan sponsor
- Mayco International LLC
- EIN
- 20-5663915
- Plan number
- 001
- Plan type
- 2
- Location
- Sterling Heights, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 879 | H, C | 20240903143810NAL0019026145001 |
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)$6.3M total assets
Net assets$6.3MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $6,258,825
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,258,825
- Net assets (BOY)
- $6,013,396
Income & contributions
- Employer contributions
- $86,438
- Participant contributions
- $547,697
- Total contributions
- $656,358
- Total income / additions
- $1,595,844
Expenses & distributions
- Benefits paid
- $1,282,538
- Administrative expenses
- $29,208
- Total expenses
- $1,311,746
- Net increase / (decrease)
- $284,098
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $20,385 | $0 | 2023 |
| Northwestern Mutual Wealth Mgmt Co | ADVISOR | $8,367 | not reported in the loaded dataset | 2023 |