2023 Form 5500 filing — Mgp Ingredients Non-Union 401(K) & 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 20241009163144NAL0010843811001) for Mgp Ingredients Non-Union 401(K) & Profit Sharing Plan, reported by Mgpi Processing, Inc. under EIN 48-0531200 and plan number 006. It reports 498 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009163144NAL0010843811001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mgpi Processing, Inc.
- EIN
- 48-0531200
- Plan number
- 006
- Location
- Atchison, KS
- Participants
- 498
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $51,742,880
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $51,742,880
- Employer contributions
- $2,025,540
- Participant contributions
- $3,135,322
- Total income / additions
- $14,268,822
- Benefits paid
- $5,727,250
- Administrative expenses
- $94,010
- Total expenses
- $5,821,260
- Net increase / (decrease)
- $8,447,562
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Frontier Wealth Management LLC | ADVISOR | $35,054 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $30,428 | $0 |
| Mma Securities | ADVISOR | $28,528 | not reported in the loaded dataset |