Plan5500

Mitylite, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Mity-Lite, 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, Mitylite, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Mity-Lite, Inc. under EIN 87-0652595 and plan number 001. The latest loaded filing year is 2023. The filing reports 329 participants and $8,353,334 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mity-Lite, Inc.
EIN
87-0652595
Plan number
001
Plan type
2
Location
Orem, UT
Latest filing year
2023
Participants
329
End-of-year plan assets
$8,353,334

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023329H, C20240927155000NAL0004704690001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$8,353,334
Total liabilities (EOY)
$0
Net assets (EOY)
$8,353,334
Net assets (BOY)
$6,274,136

Income & contributions

Employer contributions
$375,519
Participant contributions
$638,544
Total contributions
$1,091,494
Total income / additions
$2,404,871

Expenses & distributions

Benefits paid
$266,429
Administrative expenses
$41,125
Total expenses
$325,673
Net increase / (decrease)
$2,079,198

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Cannon Capital Management IncINVESTMENT ADVISOR$18,001not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$14,703$02023
Empower Advisory Group, LLCINVESTMENT MGMT$8,421not reported in the loaded dataset2023

Related Form 5500 pages