Mechanical Systems Company, LLC 401(K) Ps Plan — Form 5500 plan (Mechanical Systems 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, Mechanical Systems Company, LLC 401(K) Ps Plan is a benefit plan reported by Mechanical Systems Company, LLC under EIN 20-8844397 and plan number 001. The latest loaded filing year is 2023. The filing reports 170 participants and $5,224,259 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$5.2MPlan net assets, end of year$5,224,259
Participants170Covered participants reported
Assets / participant$30.7KComputed: assets ÷ participants$30,731 (computed)
Provider compensation$21.9K3 Schedule C provider row(s)$21,911
- Plan sponsor
- Mechanical Systems Company, LLC
- EIN
- 20-8844397
- Plan number
- 001
- Plan type
- 2
- Location
- Memphis, TN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 170 | H, C | 20241015214722NAL0017256675001 |
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)$5.2M total assets
Net assets$5.2MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $5,224,259
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,224,259
- Net assets (BOY)
- $3,925,082
Income & contributions
- Employer contributions
- $328,587
- Participant contributions
- $546,062
- Total contributions
- $874,649
- Total income / additions
- $1,743,746
Expenses & distributions
- Benefits paid
- $418,818
- Administrative expenses
- $21,912
- Total expenses
- $444,569
- Net increase / (decrease)
- $1,299,177
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.
38%62%
Employer 38%Participant 62%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income24%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $11,391 | $0 | 2023 |
| Ubs Financial Services, Inc. | INVESTMENT/FINANCIAL ADVI | $10,520 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |