Mechanical Systems & Services, Inc. Retirement Savings Plan — Form 5500 plan (Mechanical Systems & Services)

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, Mechanical Systems & Services, Inc. Retirement Savings Plan is a benefit plan reported by Mechanical Systems & Services under EIN 56-1973119 and plan number 001. The latest loaded filing year is 2023. The filing reports 705 participants and $27,785,949 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mechanical Systems & Services
EIN
56-1973119
Plan number
001
Plan type
2
Location
Charlotte, NC
Latest filing year
2023
Participants
705
End-of-year plan assets
$27,785,949

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023705H, C20240913113520NAL0016941392001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$27,785,949
Total liabilities (EOY)
$19,148
Net assets (EOY)
$27,766,801
Net assets (BOY)
$21,356,941

Income & contributions

Employer contributions
$880,982
Participant contributions
$2,777,471
Total contributions
$4,201,548
Total income / additions
$8,109,589

Expenses & distributions

Benefits paid
$1,589,808
Administrative expenses
$97,343
Total expenses
$1,699,729
Net increase / (decrease)
$6,409,860

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Mai Capital Management, LLCINVESTMENT/FINANCIAL ADVI$67,766$02023
Adp, Inc.RECORD KEEPER$13,764$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages