2023 Form 5500 filing — Marshall Electronics, Inc. 401(K) 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 20240924162009NAL0013043809001) for Marshall Electronics, Inc. 401(K) Profit Sharing Plan, reported by Marshall Electronics, Inc. under EIN 95-3563611 and plan number 001. It reports 112 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240924162009NAL0013043809001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Marshall Electronics, Inc.
- EIN
- 95-3563611
- Plan number
- 001
- Location
- Torrance, CA
- Participants
- 112
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,920,464
- Net assets (EOY)
- $10,920,464
- Employer contributions
- $143,807
- Participant contributions
- $310,934
- Total income / additions
- $2,069,140
- Benefits paid
- $632,124
- Administrative expenses
- $36,320
- Total expenses
- $668,444
- Net increase / (decrease)
- $1,400,696
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions, | RECORDKEEPER | $14,057 | $0 |
| Bancwest Investment Services Inc | INVESTMENT ADVISORY PLAN | $8,709 | $0 |
| Fiduciary Outsourcing, LLC | PLAN ADMINISTRATOR | $8,112 | $0 |
| Fiduciary Outsourcing, LLC | RECORDKEEPER | $2,280 | $0 |