2023 Form 5500 filing — Morgan Engineering Systems, 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 20240910154053NAL0011961186001) for Morgan Engineering Systems, Inc. 401(K) Plan, reported by Morgan Engineering Systems, Inc. under EIN 27-2137101 and plan number 002. It reports 173 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240910154053NAL0011961186001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Morgan Engineering Systems, Inc.
- EIN
- 27-2137101
- Plan number
- 002
- Location
- Alliance, OH
- Participants
- 173
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,164,905
- Net assets (EOY)
- $12,164,905
- Employer contributions
- $420,954
- Participant contributions
- $949,955
- Total income / additions
- $4,156,066
- Benefits paid
- $845,669
- Administrative expenses
- $44,489
- Total expenses
- $890,158
- Net increase / (decrease)
- $3,265,908
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| The Huntington National Bank | NONE | $22,353 | not reported in the loaded dataset |
| Schwab Retirement Plan Services,Inc | NONE | $22,137 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | NONE | $21 | $0 |