Global Affiliates Salaried 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 Salaried 401(K) Plan is a benefit plan reported by Mayco International LLC under EIN 20-5663915 and plan number 002. The latest loaded filing year is 2023. The filing reports 2,758 participants and $67,450,585 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mayco International LLC
EIN
20-5663915
Plan number
002
Plan type
2
Location
Sterling Heights, MI
Latest filing year
2023
Participants
2,758
End-of-year plan assets
$67,450,585

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,758H, C20241008104415NAL0017413553001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$67,450,585
Total liabilities (EOY)
$0
Net assets (EOY)
$67,450,585
Net assets (BOY)
$54,350,846

Income & contributions

Employer contributions
$1,771,850
Participant contributions
$7,460,759
Total contributions
$9,724,223
Total income / additions
$20,164,200

Expenses & distributions

Benefits paid
$6,521,624
Administrative expenses
$433,566
Total expenses
$7,103,130
Net increase / (decrease)
$13,061,070

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$199,425$02023
Fiduciary Outsourcing LLCCONSULTANT$111,246not reported in the loaded dataset2023
Northwestern Mutual Wealth Mgmt CoADVISOR$81,193not reported in the loaded dataset2023
Mansperger Patterson & Mcmullin, PACCOUNTANT/AUD ITOR$33,500not reported in the loaded dataset2023
Strategic Advisors, Inc.ADVISOR$8,202not reported in the loaded dataset2023

Related Form 5500 pages