2023 Form 5500 filing — Magid Glove And Safety Manufacturing Company, LLC 401(K) And 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 20241007125411NAL0016076417001) for Magid Glove And Safety Manufacturing Company, LLC 401(K) And Profit Sharing Plan, reported by Magid Glove & Safety Manufacturing Company, LLC under EIN 36-4057654 and plan number 003. It reports 767 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007125411NAL0016076417001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Magid Glove & Safety Manufacturing Company, LLC
- EIN
- 36-4057654
- Plan number
- 003
- Location
- Romeoville, IL
- Participants
- 767
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $54,210,161
- Total liabilities (EOY)
- $15,056
- Net assets (EOY)
- $54,195,105
- Employer contributions
- $2,273,250
- Participant contributions
- $2,411,051
- Total income / additions
- $11,937,972
- Benefits paid
- $4,302,287
- Administrative expenses
- $85,295
- Total expenses
- $4,398,468
- Net increase / (decrease)
- $7,539,504
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nadler Financial Group Inc | NONE | $80,645 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 |