Mcaneny Brothers, Inc 401(K) Plan — Form 5500 plan (Mcaneny Brothers, 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, Mcaneny Brothers, Inc 401(K) Plan is a benefit plan reported by Mcaneny Brothers, Inc under EIN 25-1351165 and plan number 101. The latest loaded filing year is 2023. The filing reports 433 participants and $16,306,388 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$16.3MPlan net assets, end of year$16,306,388
Participants433Covered participants reported
Assets / participant$37.7KComputed: assets ÷ participants$37,659 (computed)
Provider compensationNone reported1 Schedule C provider row(s)
Plan sponsor
Mcaneny Brothers, Inc
EIN
25-1351165
Plan number
101
Plan type
2
Location
Ebensburg, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023433H, C20240923091740NAL0006552579001
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)$16.3M total assets
Net assets$16.3MLiabilities
Money in vs. money out
Total income / additions$3.8M
Total expenses$1.1M
Benefits paid / distributions$980K
Contributions
Employer$670.2K
Participant$946.9K
Full reported line items

Net assets

Total assets (EOY)
$16,306,388
Net assets (EOY)
$16,306,388
Net assets (BOY)
$13,578,283

Income & contributions

Employer contributions
$670,155
Participant contributions
$946,937
Total contributions
$1,617,092
Total income / additions
$3,789,406

Expenses & distributions

Benefits paid
$979,984
Administrative expenses
$81,317
Total expenses
$1,061,301
Net increase / (decrease)
$2,728,105
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.

Contribution share (employer vs. participant)
Employer 41%Participant 59%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income26%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Life Insurance CompanyRECORDKEEPERnot reported in the loaded datasetnot reported in the loaded dataset2023

Related Form 5500 pages