2023 Form 5500 filing — Seal Master Corporation 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 20240827135921NAL0006126051001) for Seal Master Corporation Profit Sharing Plan, reported by Seal Master Corporation under EIN 34-1144625 and plan number 001. It reports 177 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240827135921NAL0006126051001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Seal Master Corporation
- EIN
- 34-1144625
- Plan number
- 001
- Location
- Kent, OH
- Participants
- 177
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,178,435
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,178,435
- Employer contributions
- $322,376
- Participant contributions
- $126,249
- Total income / additions
- $1,828,085
- Benefits paid
- $1,346,423
- Administrative expenses
- $62,006
- Total expenses
- $1,408,429
- Net increase / (decrease)
- $419,656
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch | REG. INVESTMENT ADVISOR | $27,409 | not reported in the loaded dataset |
| John Hancock Life Insurance Company | RECORDKEEPER | $900 | $0 |