Marine Equipment & Supply Company Profit Sharing Plan — Form 5500 plan (Marine Equipment & Supply Company)
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, Marine Equipment & Supply Company Profit Sharing Plan is a benefit plan reported by Marine Equipment & Supply Company under EIN 21-0723954 and plan number 001. The latest loaded filing year is 2023. The filing reports 144 participants and $28,190,798 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Marine Equipment & Supply Company
- EIN
- 21-0723954
- Plan number
- 001
- Plan type
- 2
- Location
- Thorofare, NJ
- Latest filing year
- 2023
- Participants
- 144
- End-of-year plan assets
- $28,190,798
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 144 | H, C | 20241014085117NAL0013025843001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $28,190,798
- Total liabilities (EOY)
- $32,494
- Net assets (EOY)
- $28,158,304
- Net assets (BOY)
- $24,135,130
Income & contributions
- Employer contributions
- $975,000
- Total contributions
- $975,000
- Total income / additions
- $5,009,113
Expenses & distributions
- Benefits paid
- $865,168
- Administrative expenses
- $120,771
- Total expenses
- $985,939
- Net increase / (decrease)
- $4,023,174
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Bank Of New York Mellon | TRUSTEE | $120,771 | not reported in the loaded dataset | 2023 |