2023 Form 5500 filing — Mccormick Taylor, Inc. 401k & 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 20241008095630NAL0008235139001) for Mccormick Taylor, Inc. 401k & Profit Sharing Plan, reported by Mccormick Taylor, Inc. under EIN 23-1683759 and plan number 001. It reports 553 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008095630NAL0008235139001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mccormick Taylor, Inc.
- EIN
- 23-1683759
- Plan number
- 001
- Location
- Philadelphia, PA
- Participants
- 553
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $77,748,163
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $77,748,163
- Employer contributions
- $733,850
- Participant contributions
- $3,468,209
- Total income / additions
- $16,345,764
- Benefits paid
- $2,824,100
- Administrative expenses
- $0
- Total expenses
- $2,839,062
- Net increase / (decrease)
- $13,506,702
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Commonwealth Equity Services LLC | INVESTMENT ADVISOR | $137,455 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $33,984 | not reported in the loaded dataset |
| Delaware Valley Retirement, Inc. | THIRD PARTY ADMINISTRATOR | $7,025 | $10,000 |