Mate Precision Technologies Employee Retirement Savings Plan — Form 5500 plan (Mate Precision Technologies)

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, Mate Precision Technologies Employee Retirement Savings Plan is a benefit plan reported by Mate Precision Technologies under EIN 41-0881512 and plan number 001. The latest loaded filing year is 2023. The filing reports 379 participants and $71,594,211 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mate Precision Technologies
EIN
41-0881512
Plan number
001
Plan type
2
Location
Anoka, MN
Latest filing year
2023
Participants
379
End-of-year plan assets
$71,594,211

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023379H, C20240919130153NAL0003569059001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$71,594,211
Total liabilities (EOY)
$0
Net assets (EOY)
$71,594,211
Net assets (BOY)
$61,538,153

Income & contributions

Employer contributions
$1,077,108
Participant contributions
$2,347,967
Total contributions
$4,051,387
Total income / additions
$16,122,036

Expenses & distributions

Benefits paid
$6,096,041
Administrative expenses
-$30,063
Total expenses
$6,065,978
Net increase / (decrease)
$10,056,058

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Global Retirement Partners LLCADVISOR$22,528not reported in the loaded dataset2023
Securities America Advisor IncADVISOR$15,187not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$77,524$02023

Related Form 5500 pages