2023 Form 5500 filing — Metal Textiles Corporation Employees' 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 20241009142131NAL0031542560001) for Metal Textiles Corporation Employees' Savings Plan, reported by Metal Textiles Corporation under EIN 26-2858927 and plan number 003. It reports 919 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009142131NAL0031542560001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Metal Textiles Corporation
- EIN
- 26-2858927
- Plan number
- 003
- Location
- Edison, NJ
- Participants
- 919
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,757,908
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,757,908
- Employer contributions
- $0
- Participant contributions
- $854,279
- Total income / additions
- $4,258,688
- Benefits paid
- $2,111,250
- Administrative expenses
- $1,531
- Total expenses
- $2,117,365
- Net increase / (decrease)
- $2,141,323
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wilmington Trust N.A | CONSULTANT | $32,307 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$39,516 | $0 |