2023 Form 5500 filing — Malco Products Sbc Profit Sharing, Savings And Retirement 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 20240815092246NAL0012923425001) for Malco Products Sbc Profit Sharing, Savings And Retirement Plan, reported by Malco Products, Sbc under EIN 41-0876482 and plan number 002. It reports 247 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240815092246NAL0012923425001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Malco Products, Sbc
- EIN
- 41-0876482
- Plan number
- 002
- Location
- Annandale, MN
- Participants
- 247
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,494,116
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,494,116
- Employer contributions
- $182,538
- Participant contributions
- $905,437
- Total income / additions
- $4,336,153
- Benefits paid
- $4,093,597
- Administrative expenses
- $5,602
- Total expenses
- $4,104,183
- Net increase / (decrease)
- $231,970
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lpl Financial LLC | OTHER SERVICES | $0 | $42,176 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $5,602 | $0 |