2023 Form 5500 filing — Modern Builders Supply, Inc. Employees' 401(K) And Profit Sharing 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 20240723100822NAL0019343584001) for Modern Builders Supply, Inc. Employees' 401(K) And Profit Sharing Plan, reported by Modern Builders Supply, Incorporated under EIN 34-1236290 and plan number 001. It reports 745 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240723100822NAL0019343584001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Modern Builders Supply, Incorporated
- EIN
- 34-1236290
- Plan number
- 001
- Location
- Boardman, OH
- Participants
- 745
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $34,162,682
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $34,162,682
- Employer contributions
- $241,087
- Participant contributions
- $1,213,357
- Total income / additions
- $5,877,389
- Benefits paid
- $1,741,348
- Administrative expenses
- $71,746
- Total expenses
- $1,823,917
- Net increase / (decrease)
- $4,053,472
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Jpmorgan Invest Holdings LLC | RECORDKEEPER | $39,544 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $18,132 | not reported in the loaded dataset |
| Cliftonlarsonallen Llp | AUDITOR | $14,070 | not reported in the loaded dataset |