2023 Form 5500 filing — Multi-Tech Systems, Inc. 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 20240930144352NAL0003331699001) for Multi-Tech Systems, Inc. Profit Sharing And Savings Plan, reported by Multi-Tech Systems, Inc. under EIN 41-0968843 and plan number 001. It reports 251 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$32.4MReported net assets$32,365,923
Participants251
Provider compensation$93.9K2 Schedule C row(s)$93,948
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240930144352NAL0003331699001
Plan sponsor
Multi-Tech Systems, Inc.
EIN
41-0968843
Plan number
001
Location
Mounds View, MN
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$32.4M total assets
Net assets$32.4MLiabilities$0
Money in vs. money out
Total income / additions$5.8M
Total expenses$1.9M
Benefits paid / distributions$1.8M
Contributions
Employer$0
Participant$1.2M
Full reported line items
Total assets (EOY)
$32,365,923
Total liabilities (EOY)
$0
Net assets (EOY)
$32,365,923
Employer contributions
$0
Participant contributions
$1,167,212
Total income / additions
$5,787,740
Benefits paid
$1,762,790
Administrative expenses
$93,948
Total expenses
$1,856,738
Net increase / (decrease)
$3,931,002
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    ADVISOR · Direct $52.6K
  2. 2
    RECORDKEEPER · Direct $41.4K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240930144352NAL0003331699001 cover?
It is the 2023 Form 5500 filing for Multi-Tech Systems, Inc. Profit Sharing And Savings Plan, reported by Multi-Tech Systems, Inc. (EIN 41-0968843).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages