Master Security Company, LLC Health & Welfare Plan — Form 5500 plan (Master Security Company, 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, Master Security Company, LLC Health & Welfare Plan is a benefit plan reported by Master Security Company, LLC under EIN 20-5802701 and plan number 501. The latest loaded filing year is 2023. The filing reports 120 participants and $118,285 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Master Security Company, LLC
- EIN
- 20-5802701
- Plan number
- 501
- Plan type
- 2
- Location
- Hunt Valley, MD
- Latest filing year
- 2023
- Participants
- 120
- End-of-year plan assets
- $118,285
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 120 | H, C | 20240927141121NAL0004459170001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $118,285
- Total liabilities (EOY)
- -$51,646
- Net assets (EOY)
- $169,931
- Net assets (BOY)
- $284,425
Income & contributions
- Employer contributions
- $896,794
- Participant contributions
- $129,466
- Total contributions
- $1,026,260
- Total income / additions
- $1,026,260
Expenses & distributions
- Benefits paid
- $961,007
- Administrative expenses
- $179,747
- Total expenses
- $1,140,754
- Net increase / (decrease)
- -$114,494
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fce Benefit Administrators, Inc. | PLAN SERVICE PROVIDER | $88,120 | $6,291 | 2023 |
| Willis Towers Watson Southeast, Inc | PLAN SERVICE PROVIDER | $54,111 | not reported in the loaded dataset | 2023 |
| Cliftonlarsonallen, Llp | NONE | $19,463 | not reported in the loaded dataset | 2023 |
| Trust Management Services | PLAN SERVICE PROVIDER | $12,829 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Master Security Company, LLC
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Hunt Valley, MD
- Fce Benefit Administrators, Inc. — Schedule C compensation
- Willis Towers Watson Southeast, Inc — Schedule C compensation
- Cliftonlarsonallen, Llp — Schedule C compensation
- Trust Management Services — Schedule C compensation