Mcmillan Pazdan Smith, LLC 401(K) Plan — Form 5500 plan (Mcmillan Pazdan Smith, 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, Mcmillan Pazdan Smith, LLC 401(K) Plan is a benefit plan reported by Mcmillan Pazdan Smith, LLC under EIN 27-0813293 and plan number 003. The latest loaded filing year is 2023. The filing reports 375 participants and $26,883,834 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$26.9MPlan net assets, end of year$26,883,834
Participants375Covered participants reported
Assets / participant$71.7KComputed: assets ÷ participants$71,690 (computed)
Provider compensation$228.6K4 Schedule C provider row(s)$228,649
Plan sponsor
Mcmillan Pazdan Smith, LLC
EIN
27-0813293
Plan number
003
Plan type
2
Location
Greenville, SC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023375H, C20241013180105NAL0025014001001
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)$26.9M total assets
Net assets$26.9MLiabilities$0
Money in vs. money out
Total income / additions$7.6M
Total expenses$3.7M
Benefits paid / distributions$3.5M
Contributions
Employer$1.1M
Participant$2.4M
Full reported line items

Net assets

Total assets (EOY)
$26,883,834
Total liabilities (EOY)
$0
Net assets (EOY)
$26,883,834
Net assets (BOY)
$22,904,535

Income & contributions

Employer contributions
$1,133,691
Participant contributions
$2,356,679
Total contributions
$3,881,546
Total income / additions
$7,641,011

Expenses & distributions

Benefits paid
$3,491,682
Administrative expenses
$170,030
Total expenses
$3,661,712
Net increase / (decrease)
$3,979,299
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 32%Participant 68%
Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income46%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$89,863$02023
Empower Advisory Group, LLCINVESTMENT MGMT$70,546not reported in the loaded dataset2023
Northwestern Mutual Investment SvcsBROKER/ADVISER$0$58,6192023
Envestnet Retirement Solutions, LLCOTHER$9,621not reported in the loaded dataset2023

Related Form 5500 pages