M. B. Haynes Corporation Employee Stock Ownership Plan — Form 5500 plan (M.B. Haynes 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, M. B. Haynes Corporation Employee Stock Ownership Plan is a benefit plan reported by M.B. Haynes Corporation under EIN 56-0506077 and plan number 002. The latest loaded filing year is 2023. The filing reports 695 participants and $56,228,129 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- M.B. Haynes Corporation
- EIN
- 56-0506077
- Plan number
- 002
- Plan type
- 2
- Location
- Asheville, NC
- Latest filing year
- 2023
- Participants
- 695
- End-of-year plan assets
- $56,228,129
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 695 | H, C | 20250115160710NAL0036017648001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $56,228,129
- Total liabilities (EOY)
- $14,710,617
- Net assets (EOY)
- $41,517,512
- Net assets (BOY)
- $29,961,954
Income & contributions
- Employer contributions
- $3,446,123
- Total contributions
- $3,446,123
- Total income / additions
- $13,264,277
Expenses & distributions
- Benefits paid
- $1,343,402
- Administrative expenses
- $8,608
- Total expenses
- $1,708,719
- Net increase / (decrease)
- $11,555,558
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Colton Groome Financial Advisors | FINANCIAL ADVISOR | $8,608 | not reported in the loaded dataset | 2023 |