2023 Form 5500 filing — Master Security Company, LLC Health & Welfare 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 20240927141121NAL0004459170001) for Master Security Company, LLC Health & Welfare Plan, reported by Master Security Company, LLC under EIN 20-5802701 and plan number 501. It reports 120 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240927141121NAL0004459170001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Master Security Company, LLC
- EIN
- 20-5802701
- Plan number
- 501
- Location
- Hunt Valley, MD
- Participants
- 120
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $118,285
- Total liabilities (EOY)
- -$51,646
- Net assets (EOY)
- $169,931
- Employer contributions
- $896,794
- Participant contributions
- $129,466
- Total income / additions
- $1,026,260
- Benefits paid
- $961,007
- Administrative expenses
- $179,747
- Total expenses
- $1,140,754
- Net increase / (decrease)
- -$114,494
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fce Benefit Administrators, Inc. | PLAN SERVICE PROVIDER | $88,120 | $6,291 |
| Willis Towers Watson Southeast, Inc | PLAN SERVICE PROVIDER | $54,111 | not reported in the loaded dataset |
| Cliftonlarsonallen, Llp | NONE | $19,463 | not reported in the loaded dataset |
| Trust Management Services | PLAN SERVICE PROVIDER | $12,829 | not reported in the loaded dataset |