Mbn Savings Plan — Form 5500 plan (Middle East Broadcasting Networks, 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, Mbn Savings Plan is a benefit plan reported by Middle East Broadcasting Networks, Inc. under EIN 42-1591205 and plan number 001. The latest loaded filing year is 2023. The filing reports 693 participants and $91,438,232 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Middle East Broadcasting Networks, Inc.
EIN
42-1591205
Plan number
001
Plan type
2
Location
Springfield, VA
Latest filing year
2023
Participants
693
End-of-year plan assets
$91,438,232

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023693H, C20241015153641NAL0030193889001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$91,438,232
Total liabilities (EOY)
$0
Net assets (EOY)
$91,438,232
Net assets (BOY)
$81,910,732

Income & contributions

Employer contributions
$2,098,224
Participant contributions
$2,803,019
Total contributions
$5,076,583
Total income / additions
$17,305,545

Expenses & distributions

Benefits paid
$7,528,252
Administrative expenses
$156,935
Total expenses
$7,778,045
Net increase / (decrease)
$9,527,500

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$156,935$02023
Sageview Advisory GroupINVESTMENT ADVISORY$0$65,0002023

Related Form 5500 pages