Plan5500

Mapal Inc. Office 401(K) Plan — Form 5500 plan (Mapal 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, Mapal Inc. Office 401(K) Plan is a benefit plan reported by Mapal Inc. under EIN 38-2082239 and plan number 002. The latest loaded filing year is 2023. The filing reports 219 participants and $15,691,356 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mapal Inc.
EIN
38-2082239
Plan number
002
Plan type
2
Location
Port Huron, MI
Latest filing year
2023
Participants
219
End-of-year plan assets
$15,691,356

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023219H, C20241009111218NAL0010554563001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$15,691,356
Total liabilities (EOY)
$0
Net assets (EOY)
$15,691,356
Net assets (BOY)
$13,108,253

Income & contributions

Employer contributions
$442,996
Participant contributions
$974,124
Total contributions
$2,096,557
Total income / additions
$4,614,316

Expenses & distributions

Benefits paid
$1,997,127
Administrative expenses
$34,086
Total expenses
$2,031,213
Net increase / (decrease)
$2,583,103

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$29,825$02023
The Benefit Advantage, Inc.THIRD-PARTY ADMINISTRATO$3,136$16,6382023
Sagepoint Financial, Inc.INVESTMENT ADVISORY$0$14,3772023
The Benefit AdvantageTHIRD-PARTY ADMINISTRATO$0$1,6632023

Related Form 5500 pages