2023 Form 5500 filing — Mechanics Local No. 701 Defined Contribution 401(K
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 20241007161113NAL0015483185003) for Mechanics Local No. 701 Defined Contribution 401(K, reported by Bd Of Trustees Automobile Mechanics Local No 701 Defined Contribution under EIN 47-1959684 and plan number 001. It reports 4,875 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007161113NAL0015483185003
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Bd Of Trustees Automobile Mechanics Local No 701 Defined Contribution
- EIN
- 47-1959684
- Plan number
- 001
- Location
- Burr Ridge, IL
- Participants
- 4,875
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $67,406,682
- Total liabilities (EOY)
- $75,956
- Net assets (EOY)
- $67,330,726
- Employer contributions
- $2,461,564
- Participant contributions
- $9,079,306
- Total income / additions
- $21,513,061
- Benefits paid
- $2,348,961
- Administrative expenses
- $428,775
- Total expenses
- $2,777,736
- Net increase / (decrease)
- $18,735,325
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Milliman, Inc. | NONE | $258,604 | not reported in the loaded dataset |
| Strategic Capital Invest Advisors | NONE | $22,500 | not reported in the loaded dataset |
| Johnson & Krol, LLC | NONE | $12,898 | not reported in the loaded dataset |
| Bridgeway Software Solutions | NONE | $10,840 | not reported in the loaded dataset |
| Morgan Lewis & Bockius Llp | NONE | $10,000 | not reported in the loaded dataset |
| Calibre Cpa Group, Pllc | NONE | $5,000 | not reported in the loaded dataset |