M.S. Machining Systems Profit Sharing Plan — Form 5500 plan (M.S. Machining Systems, 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, M.S. Machining Systems Profit Sharing Plan is a benefit plan reported by M.S. Machining Systems, Inc. under EIN 38-2394698 and plan number 001. The latest loaded filing year is 2023. The filing reports 10 participants and $7,288,914 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- M.S. Machining Systems, Inc.
- EIN
- 38-2394698
- Plan number
- 001
- Plan type
- 2
- Location
- Howell, MI
- Latest filing year
- 2023
- Participants
- 10
- End-of-year plan assets
- $7,288,914
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 10 | I | 20241014182130NAL0054774594001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $7,288,914
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,288,914
- Net assets (BOY)
- $5,986,224
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $69,637
- Total income / additions
- $1,374,466
Expenses & distributions
- Benefits paid
- $71,686
- Administrative expenses
- $90
- Total expenses
- $71,776
- Net increase / (decrease)
- $1,302,690
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.