2023 Form 5500 filing — R.E. Michel Company, LLC 401(K) Profit Sharing And 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 20240926080332NAL0000228627001) for R.E. Michel Company, LLC 401(K) Profit Sharing And Savings Plan, reported by R.E. Michel Company, LLC under EIN 52-0577320 and plan number 002. It reports 2,436 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240926080332NAL0000228627001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- R.E. Michel Company, LLC
- EIN
- 52-0577320
- Plan number
- 002
- Location
- Glen Burnie, MD
- Participants
- 2,436
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $81,983,454
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $81,983,454
- Employer contributions
- $1,558,026
- Participant contributions
- $6,527,404
- Total income / additions
- $19,786,661
- Benefits paid
- $8,192,907
- Administrative expenses
- $328,692
- Total expenses
- $8,605,201
- Net increase / (decrease)
- $11,181,460
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $208,168 | $0 |
| Harbor Investment Advisory, LLC | INVESTMENT/FINANCIAL ADVI | $60,000 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |
| Charles Schwab & Co, Inc. | INVESTMENT MANAGER | $0 | $0 |
| Td Ameritrade, Inc. | SECURITES BROKER | $0 | $0 |