Middle River Aerostructure Systems Hourly Pension Plan — Form 5500 plan (Mra Systems, LLC)

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, Middle River Aerostructure Systems Hourly Pension Plan is a benefit plan reported by Mra Systems, LLC under EIN 52-2063267 and plan number 001. The latest loaded filing year is 2023. The filing reports 892 participants and $117,643,704 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$117.6MPlan net assets, end of year$117,643,704
Participants892Covered participants reported
Assets / participant$131.9KComputed: assets ÷ participants$131,888 (computed)
Provider compensation$281.3K4 Schedule C provider row(s)$281,322
Plan sponsor
Mra Systems, LLC
EIN
52-2063267
Plan number
001
Plan type
2
Location
Middle River, MD
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023892H, C20241011072444NAL0022357713001
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)$117.6M total assets
Net assets$117.6MLiabilities$0
Money in vs. money out
Total income / additions$12.2M
Total expenses$6.6M
Benefits paid / distributions$6.1M
Full reported line items

Net assets

Total assets (EOY)
$117,643,704
Total liabilities (EOY)
$0
Net assets (EOY)
$117,643,704
Net assets (BOY)
$112,014,458

Income & contributions

Total contributions
$0
Total income / additions
$12,217,034

Expenses & distributions

Benefits paid
$6,053,914
Administrative expenses
$533,874
Total expenses
$6,587,788
Net increase / (decrease)
$5,629,246
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.

Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income50%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Mercer Investments LLCINVESTMENT MGMT$152,068$02023
Mercer (Us) Inc.ACTUARIAL$92,453not reported in the loaded dataset2023
Ivins, Phillips & Barker, ChtdLEGAL$21,755not reported in the loaded dataset2023
Aon Consulting, IncACTUARIAL$15,046not reported in the loaded dataset2023

Related Form 5500 pages