Marlabs 401(K) Plan — Form 5500 plan (Marlabs, 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, Marlabs 401(K) Plan is a benefit plan reported by Marlabs, Inc under EIN 54-1816287 and plan number 001. The latest loaded filing year is 2023. The filing reports 586 participants and $12,643,178 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$12.6MPlan net assets, end of year$12,643,178
Participants586Covered participants reported
Assets / participant$21.6KComputed: assets ÷ participants$21,575 (computed)
Provider compensation$83.5K4 Schedule C provider row(s)$83,513
Plan sponsor
Marlabs, Inc
EIN
54-1816287
Plan number
001
Plan type
2
Location
Piscataway, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023586H, C20240913100625NAL0005891827001
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)$12.6M total assets
Net assets$12.6MLiabilities$0
Money in vs. money out
Total income / additions$3.5M
Total expenses$1.2M
Benefits paid / distributions$996.2K
Contributions
Employer-$2
Participant$1.6M
Full reported line items

Net assets

Total assets (EOY)
$12,643,178
Total liabilities (EOY)
$0
Net assets (EOY)
$12,643,178
Net assets (BOY)
$10,316,830

Income & contributions

Employer contributions
-$2
Participant contributions
$1,583,549
Total contributions
$1,642,846
Total income / additions
$3,514,440

Expenses & distributions

Benefits paid
$996,172
Administrative expenses
$65,513
Total expenses
$1,188,092
Net increase / (decrease)
$2,326,348
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 0%Participant 100%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income28%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$39,553$02023
Stonehill Fidcuciary ManagementINVESTMENT/FINANCIAL ADVI$36,000$02023
Galleros Koh LlpACCOUNTANT$7,960$02023
Td Ameritrade, Inc.SECURITES BROKER$0$02023

Related Form 5500 pages