Arizona Machinery Group Employees' Profit Sharing Retirement Plan — Form 5500 plan (Arizona Machinery Group, Inc.)
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, Arizona Machinery Group Employees' Profit Sharing Retirement Plan is a benefit plan reported by Arizona Machinery Group, Inc. under EIN 86-0422015 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,020 participants and $57,271,402 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$57.3MPlan net assets, end of year$57,269,289
Participants1KCovered participants reported1,020
Assets / participant$56.1KComputed: assets ÷ participants$56,148 (computed)
Provider compensation$85.5K1 Schedule C provider row(s)$85,510
- Plan sponsor
- Arizona Machinery Group, Inc.
- EIN
- 86-0422015
- Plan number
- 001
- Plan type
- 2
- Location
- Avondale, AZ
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,020 | H, C | 20240927184647NAL0002521137001 |
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)$57.3M total assets
Net assets$57.3MLiabilities$2.1K
Full reported line items
Net assets
- Total assets (EOY)
- $57,271,402
- Total liabilities (EOY)
- $2,113
- Net assets (EOY)
- $57,269,289
- Net assets (BOY)
- $47,397,725
Income & contributions
- Employer contributions
- $2,228,890
- Participant contributions
- $4,140,688
- Total contributions
- $6,436,977
- Total income / additions
- $13,480,312
Expenses & distributions
- Benefits paid
- $3,529,771
- Administrative expenses
- $78,977
- Total expenses
- $3,608,748
- Net increase / (decrease)
- $9,871,564
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sentry Life Insurance Company | RECORDKEEPER | $85,510 | $0 | 2023 |