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, Maci Associates 401(K) Savings Plan is a benefit plan reported by Michigan Automotive Compressor under EIN 38-2853246 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,123 participants and $150,877,590 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $150,877,590
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $150,877,590
- Net assets (BOY)
- $132,319,604
Income & contributions
- Employer contributions
- $2,231,481
- Participant contributions
- $5,140,195
- Total contributions
- $8,156,881
- Total income / additions
- $30,050,433
Expenses & distributions
- Benefits paid
- $11,388,656
- Administrative expenses
- $97,854
- Total expenses
- $11,492,447
- Net increase / (decrease)
- $18,557,986