2023 Form 5500 filing — Mayville Engineering Company, Inc. 401(K) Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240625081133NAL0007021473001) for Mayville Engineering Company, Inc. 401(K) Plan, reported by Mayville Engineering Company, Inc under EIN 39-0944729 and plan number 003. It reports 3,662 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$149.6MReported net assets$149,601,324
Participants3.7K3,662
Provider compensation$237.6K1 Schedule C row(s)$237,645
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240625081133NAL0007021473001
Plan sponsor
Mayville Engineering Company, Inc
EIN
39-0944729
Plan number
003
Location
Milwaukee, WI
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$149.6M total assets
Net assets$149.6MLiabilities$0
Money in vs. money out
Total income / additions$52.5M
Total expenses$22.8M
Benefits paid / distributions$22.5M
Contributions
Employer$3.4M
Participant$8.6M
Full reported line items
Total assets (EOY)
$149,601,324
Total liabilities (EOY)
$0
Net assets (EOY)
$149,601,324
Employer contributions
$3,411,308
Participant contributions
$8,576,968
Total income / additions
$52,450,127
Benefits paid
$22,514,416
Administrative expenses
$237,645
Total expenses
$22,762,302
Net increase / (decrease)
$29,687,825

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$237,645$0

Related Form 5500 pages