Maxon Precision Motors Profit Sharing Plan — Form 5500 plan (Maxon Precision Motors, 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, Maxon Precision Motors Profit Sharing Plan is a benefit plan reported by Maxon Precision Motors, Inc. under EIN 94-2685884 and plan number 001. The latest loaded filing year is 2023. The filing reports 111 participants and $26,161,521 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Maxon Precision Motors, Inc.
- EIN
- 94-2685884
- Plan number
- 001
- Plan type
- 2
- Location
- Taunton, MA
- Latest filing year
- 2023
- Participants
- 111
- End-of-year plan assets
- $26,161,521
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 111 | I | 20240613132458NAL0030689457001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $26,161,521
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,161,521
- Net assets (BOY)
- $21,463,183
Income & contributions
- Employer contributions
- $1,319,725
- Participant contributions
- $757,171
- Total income / additions
- $5,757,078
Expenses & distributions
- Benefits paid
- $979,479
- Administrative expenses
- $79,261
- Total expenses
- $1,058,740
- Net increase / (decrease)
- $4,698,338
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.