Michael Stars 401(K) Profit Sharing Plan — Form 5500 plan (Michael Stars)
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, Michael Stars 401(K) Profit Sharing Plan is a benefit plan reported by Michael Stars under EIN 95-4073550 and plan number 001. The latest loaded filing year is 2023. The filing reports 174 participants and $3,475,936 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Michael Stars
- EIN
- 95-4073550
- Plan number
- 001
- Plan type
- 2
- Location
- Hawthorne, CA
- Latest filing year
- 2023
- Participants
- 174
- End-of-year plan assets
- $3,475,936
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 174 | H, C | 20241015084055NAL0015999299001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,475,936
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,475,936
- Net assets (BOY)
- $3,424,179
Income & contributions
- Employer contributions
- $34,486
- Participant contributions
- $408,035
- Total contributions
- $442,521
- Total income / additions
- $917,533
Expenses & distributions
- Benefits paid
- $819,641
- Administrative expenses
- $46,135
- Total expenses
- $865,776
- Net increase / (decrease)
- $51,757
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nfp Retirement Inc. | INVESTMENT ADVISORY | $23,219 | not reported in the loaded dataset | 2023 |
| Transamerica Life Insurance Company | RECORDKEEPER | $1,697 | $0 | 2023 |
| Futureplan By Ascensus | RECORDKEEPER | $1,300 | $0 | 2023 |