Savings Plan For The Employees Of Mcgee Corporation — Form 5500 plan (Mcgee Corporation)
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, Savings Plan For The Employees Of Mcgee Corporation is a benefit plan reported by Mcgee Corporation under EIN 56-0505320 and plan number 001. The latest loaded filing year is 2023. The filing reports 140 participants and $8,206,131 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mcgee Corporation
- EIN
- 56-0505320
- Plan number
- 001
- Plan type
- 2
- Location
- Matthews, NC
- Latest filing year
- 2023
- Participants
- 140
- End-of-year plan assets
- $8,206,131
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 140 | H, C | 20241009143654NAL0019445057001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,206,131
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,206,131
- Net assets (BOY)
- $6,402,417
Income & contributions
- Employer contributions
- $278,220
- Participant contributions
- $533,739
- Total contributions
- $970,980
- Total income / additions
- $2,060,081
Expenses & distributions
- Benefits paid
- $211,918
- Administrative expenses
- $44,449
- Total expenses
- $256,367
- Net increase / (decrease)
- $1,803,714
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nationwide | RECORDKEEPER | $31,567 | $0 | 2023 |
| Carolina Wealth Management Inc | BROKER | $19,626 | not reported in the loaded dataset | 2023 |
| Trinity Pension Group, LLC | THIRD PARTY ADMIN | $9,865 | not reported in the loaded dataset | 2023 |