Mib Group Holdings Inc. 401(K) Retirement Savings Plan — Form 5500 plan (Mib Group Holdings 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, Mib Group Holdings Inc. 401(K) Retirement Savings Plan is a benefit plan reported by Mib Group Holdings Inc. under EIN 86-3775868 and plan number 003. The latest loaded filing year is 2023. The filing reports 242 participants and $62,613,864 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mib Group Holdings Inc.
EIN
86-3775868
Plan number
003
Plan type
2
Location
Braintree, MA
Latest filing year
2023
Participants
242
End-of-year plan assets
$62,613,864

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023242H, C20241003145049NAL0010681457001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$62,613,864
Total liabilities (EOY)
$0
Net assets (EOY)
$62,613,864
Net assets (BOY)
$59,483,625

Income & contributions

Employer contributions
$1,020,936
Participant contributions
$1,672,456
Total contributions
$2,939,355
Total income / additions
$9,856,732

Expenses & distributions

Benefits paid
$6,606,549
Administrative expenses
$119,944
Total expenses
$6,726,493
Net increase / (decrease)
$3,130,239

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$63,317$02023
Pensionmark Financial Group LLCINVESTMENT ADVISOR$56,146not reported in the loaded dataset2023

Related Form 5500 pages