Seal Master Corporation Profit Sharing Plan — Form 5500 plan (Seal Master Corporation)
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, Seal Master Corporation Profit Sharing Plan is a benefit plan reported by Seal Master Corporation under EIN 34-1144625 and plan number 001. The latest loaded filing year is 2023. The filing reports 177 participants and $10,178,435 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Seal Master Corporation
- EIN
- 34-1144625
- Plan number
- 001
- Plan type
- 3
- Location
- Kent, OH
- Latest filing year
- 2023
- Participants
- 177
- End-of-year plan assets
- $10,178,435
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 177 | H, C | 20240827135921NAL0006126051001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,178,435
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,178,435
- Net assets (BOY)
- $9,758,779
Income & contributions
- Employer contributions
- $322,376
- Participant contributions
- $126,249
- Total contributions
- $448,625
- Total income / additions
- $1,828,085
Expenses & distributions
- Benefits paid
- $1,346,423
- Administrative expenses
- $62,006
- Total expenses
- $1,408,429
- Net increase / (decrease)
- $419,656
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch | REG. INVESTMENT ADVISOR | $27,409 | not reported in the loaded dataset | 2023 |
| John Hancock Life Insurance Company | RECORDKEEPER | $900 | $0 | 2023 |