2023 Form 5500 filing — Jackson Iron & Metal Company, Inc. Profit Sharing 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 20240910163107NAL0012098946001) for Jackson Iron & Metal Company, Inc. Profit Sharing 401(K) Plan, reported by Jackson Iron & Metal Company, Inc. under EIN 64-0591540 and plan number 002. It reports 355 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240910163107NAL0012098946001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Jackson Iron & Metal Company, Inc.
- EIN
- 64-0591540
- Plan number
- 002
- Location
- Jackson, MS
- Participants
- 355
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,694,940
- Net assets (EOY)
- $13,694,940
- Employer contributions
- $261,810
- Participant contributions
- $681,828
- Total income / additions
- $2,932,449
- Benefits paid
- $1,721,873
- Administrative expenses
- $46,625
- Total expenses
- $1,792,152
- Net increase / (decrease)
- $1,140,297
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lpl Financial | INVESTMENT ADVISOR | $31,794 | $0 |
| Empower Annuity Insurance Company | RECORDKEEPER | $18,511 | $0 |
| T. E. Lott And Company | CONTRACT ADMIN | $3,175 | $5,000 |