2023 Form 5500 filing — Mastercontrol 401(K) Savings 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 20240819050734NAL0000630979001) for Mastercontrol 401(K) Savings Plan, reported by Mastercontrol Solutions, Inc. under EIN 87-0662434 and plan number 001. It reports 795 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)$50.6MReported net assets$50,597,299
Participants795
Provider compensation$159.2K4 Schedule C row(s)$159,210
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240819050734NAL0000630979001
Plan sponsor
Mastercontrol Solutions, Inc.
EIN
87-0662434
Plan number
001
Location
Salt Lake City, UT
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)$50.6M total assets
Net assets$50.6MLiabilities$0
Money in vs. money out
Total income / additions$17.2M
Total expenses$2.9M
Benefits paid / distributions$2.7M
Contributions
Employer$1.6M
Participant$7.1M
Full reported line items
Total assets (EOY)
$50,597,299
Total liabilities (EOY)
$0
Net assets (EOY)
$50,597,299
Employer contributions
$1,605,809
Participant contributions
$7,112,005
Total income / additions
$17,150,874
Benefits paid
$2,696,592
Administrative expenses
$159,211
Total expenses
$2,858,120
Net increase / (decrease)
$14,292,754

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Adp, Inc.RECORD KEEPER$62,823$0
Lpl FinancialINVESTMENT/FINANCIAL ADVI$56,292$0
Lpl Financial Corporation RpcpINVESTMENT/FINANCIAL ADVI$40,095$0
Adp Broker-DealerRECORD KEEPER$0$0

Related Form 5500 pages