Metropolitan Communications, Inc. Employee Stock Ownership Plan — Form 5500 plan (Metropolitan Communications, Inc.)

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, Metropolitan Communications, Inc. Employee Stock Ownership Plan is a benefit plan reported by Metropolitan Communications, Inc. under EIN 23-2150972 and plan number 002. The latest loaded filing year is 2023. The filing reports 38 participants and $1,820,269 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.4MPlan net assets, end of year$1,357,596
Participants38Covered participants reported
Assets / participant$47.9KComputed: assets ÷ participants$47,902 (computed)
Provider compensationNone reported
Plan sponsor
Metropolitan Communications, Inc.
EIN
23-2150972
Plan number
002
Plan type
2
Location
Eddystone, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202338I20241015204854NAL0017207059001
Schedule I · 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)$1.8M total assets
Net assets$1.4MLiabilities$462.7K
Money in vs. money out
Total income / additions-$389.6K
Total expenses$172.5K
Benefits paid / distributions$149.2K
Contributions
Employer$530.2K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$1,820,269
Total liabilities (EOY)
$462,673
Net assets (EOY)
$1,357,596
Net assets (BOY)
$1,919,718

Income & contributions

Employer contributions
$530,151
Total income / additions
-$389,627

Expenses & distributions

Benefits paid
$149,207
Total expenses
$172,495
Net increase / (decrease)
-$562,122
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.

Total expenses ÷ net assets13%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages