Mcginnis Wood Products, Inc. 401k Plan — Form 5500 plan (Mcginnis Wood Products 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, Mcginnis Wood Products, Inc. 401k Plan is a benefit plan reported by Mcginnis Wood Products Inc. under EIN 43-1233435 and plan number 001. The latest loaded filing year is 2023. The filing reports 123 participants and $5,807,704 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.8MPlan net assets, end of year$5,807,704
Participants123Covered participants reported
Assets / participant$47.2KComputed: assets ÷ participants$47,217 (computed)
Provider compensationNone reported
Plan sponsor
Mcginnis Wood Products Inc.
EIN
43-1233435
Plan number
001
Plan type
2
Location
Cuba, MO
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023123H20240729102205NAL0018667393001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$5.8M total assets
Net assets$5.8MLiabilities$0
Money in vs. money out
Total income / additions$1.2M
Total expenses$1.2M
Benefits paid / distributions$1.2M
Contributions
Employer$211.2K
Participant$438.7K
Full reported line items

Net assets

Total assets (EOY)
$5,807,704
Total liabilities (EOY)
$0
Net assets (EOY)
$5,807,704
Net assets (BOY)
$5,808,062

Income & contributions

Employer contributions
$211,176
Participant contributions
$438,736
Total contributions
$650,258
Total income / additions
$1,198,386

Expenses & distributions

Benefits paid
$1,181,163
Administrative expenses
$17,581
Total expenses
$1,198,744
Net increase / (decrease)
-$358
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 32%Participant 68%
Total expenses ÷ net assets21%Computed ratio
Benefits paid ÷ total income99%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages