Mills Manufacturing Retirement Plan — Form 5500 plan (Mills Manufacturing 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, Mills Manufacturing Retirement Plan is a benefit plan reported by Mills Manufacturing Corporation under EIN 56-1220405 and plan number 002. The latest loaded filing year is 2023. The filing reports 163 participants and $2,817,196 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$2.8MPlan net assets, end of year$2,817,196
Participants163Covered participants reported
Assets / participant$17.3KComputed: assets ÷ participants$17,283 (computed)
Provider compensation$22.1K2 Schedule C provider row(s)$22,130
- Plan sponsor
- Mills Manufacturing Corporation
- EIN
- 56-1220405
- Plan number
- 002
- Plan type
- 2
- Location
- Asheville, NC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 163 | H, C | 20250117120533NAL0025116417001 |
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)$2.8M total assets
Net assets$2.8MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $2,817,196
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,817,196
- Net assets (BOY)
- $2,759,969
Income & contributions
- Employer contributions
- $30,029
- Participant contributions
- $154,966
- Total contributions
- $193,777
- Total income / additions
- $526,871
Expenses & distributions
- Benefits paid
- $444,210
- Administrative expenses
- $22,130
- Total expenses
- $469,644
- Net increase / (decrease)
- $57,227
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.
16%84%
Employer 16%Participant 84%
Total expenses ÷ net assets17%Computed ratio
Benefits paid ÷ total income84%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Colton Groome Financial Advisors Ll | INVESTMENT ADVISOR | $11,775 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $10,355 | $0 | 2023 |