Modern Air Mechanical Employee Stock Ownership Plan — Form 5500 plan (Modern Air Mechanical)
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, Modern Air Mechanical Employee Stock Ownership Plan is a benefit plan reported by Modern Air Mechanical under EIN 77-0198635 and plan number 002. The latest loaded filing year is 2023. The filing reports 90 participants and $10,264,592 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Modern Air Mechanical
- EIN
- 77-0198635
- Plan number
- 002
- Plan type
- 2
- Location
- Merced, CA
- Latest filing year
- 2023
- Participants
- 90
- End-of-year plan assets
- $10,264,592
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 90 | I | 20240729160009NAL0019073729004 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $10,264,592
- Total liabilities (EOY)
- $11,420,416
- Net assets (EOY)
- -$1,155,824
- Net assets (BOY)
- -$833,248
Income & contributions
- Employer contributions
- $280,000
- Total income / additions
- $56,103
Expenses & distributions
- Benefits paid
- $43,815
- Total expenses
- $378,679
- Net increase / (decrease)
- -$322,576
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.