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, Jl Marine Systems, Inc. 401(K) Plan is a benefit plan reported by Jl Marine Systems, Inc. under EIN 59-3548283 and plan number 001. The latest loaded filing year is 2023. The filing reports 165 participants and $6,462,216 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,462,216
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,462,216
- Net assets (BOY)
- $4,946,676
Income & contributions
- Employer contributions
- $292,062
- Participant contributions
- $662,152
- Total contributions
- $954,214
- Total income / additions
- $1,774,628
Expenses & distributions
- Benefits paid
- $198,650
- Administrative expenses
- $26,688
- Total expenses
- $259,088
- Net increase / (decrease)
- $1,515,540