2023 Form 5500 filing — Mbms 401k 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 20241009092931NAL0009073651001) for Mbms 401k Plan, reported by Mbms, LLC under EIN 20-1751180 and plan number 003. It reports 224 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009092931NAL0009073651001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mbms, LLC
- EIN
- 20-1751180
- Plan number
- 003
- Location
- Newark, DE
- Participants
- 224
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,490,157
- Total liabilities (EOY)
- $885
- Net assets (EOY)
- $10,489,272
- Employer contributions
- $359,210
- Participant contributions
- $682,567
- Total income / additions
- $2,770,942
- Benefits paid
- $714,538
- Administrative expenses
- $49,679
- Total expenses
- $764,217
- Net increase / (decrease)
- $2,006,725
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Commonwealth Equity Services LLC | INVESTMENT ADVISOR | $23,174 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $17,270 | $0 |
| Delaware Valley Retirement | CONTRACT ADMIN | $9,585 | not reported in the loaded dataset |