Mlt Systems 401(K) Plan — Form 5500 plan (Mlt Systems LLC)

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, Mlt Systems 401(K) Plan is a benefit plan reported by Mlt Systems LLC under EIN 74-3251950 and plan number 001. The latest loaded filing year is 2023. The filing reports 161 participants and $6,156,827 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.2MPlan net assets, end of year$6,156,827
Participants161Covered participants reported
Assets / participant$38.2KComputed: assets ÷ participants$38,241 (computed)
Provider compensation$4.3K1 Schedule C provider row(s)$4,316
Plan sponsor
Mlt Systems LLC
EIN
74-3251950
Plan number
001
Plan type
2
Location
Stafford, VA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023161H, C20260312080059NAL0006170785001
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)$6.2M total assets
Net assets$6.2MLiabilities$0
Money in vs. money out
Total income / additions$2.4M
Total expenses$1.3M
Benefits paid / distributions$1.3M
Contributions
Employer$412.5K
Participant$943K
Full reported line items

Net assets

Total assets (EOY)
$6,156,827
Total liabilities (EOY)
$0
Net assets (EOY)
$6,156,827
Net assets (BOY)
$5,058,026

Income & contributions

Employer contributions
$412,503
Participant contributions
$943,022
Total contributions
$1,384,082
Total income / additions
$2,373,211

Expenses & distributions

Benefits paid
$1,268,338
Administrative expenses
$4,316
Total expenses
$1,274,410
Net increase / (decrease)
$1,098,801

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$4,316$02023

Related Form 5500 pages