2023 Form 5500 filing — Makita Shared 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 20241002172741NAL0004262467001) for Makita Shared Savings Plan, reported by Makita Usa, Inc. under EIN 13-2672211 and plan number 002. It reports 1,227 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002172741NAL0004262467001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Makita Usa, Inc.
- EIN
- 13-2672211
- Plan number
- 002
- Location
- La Mirada, CA
- Participants
- 1,227
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $92,837,913
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $92,837,913
- Employer contributions
- $2,077,037
- Participant contributions
- $4,448,069
- Total income / additions
- $20,302,425
- Benefits paid
- $9,632,669
- Administrative expenses
- $21,499
- Total expenses
- $9,710,150
- Net increase / (decrease)
- $10,592,275
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Marcum Llp | NONE | $24,720 | not reported in the loaded dataset |
| Global Retirement Partners, LLC | NONE | $13,750 | not reported in the loaded dataset |
| Grp Financial | NONE | $13,750 | not reported in the loaded dataset |
| T Rowe Price Rps Inc | NONE | $9,102 | $0 |