2023 Form 5500 filing — Mte Employee Savings And Retirement 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 20241010101103NAL0009894835001) for Mte Employee Savings And Retirement Plan, reported by Mechanical Tool & Engineering Co. under EIN 36-2260687 and plan number 002. It reports 296 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010101103NAL0009894835001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mechanical Tool & Engineering Co.
- EIN
- 36-2260687
- Plan number
- 002
- Location
- Rockford, IL
- Participants
- 296
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $29,025,968
- Total liabilities (EOY)
- $490
- Net assets (EOY)
- $29,025,478
- Employer contributions
- $124,302
- Participant contributions
- $792,894
- Total income / additions
- $5,147,544
- Benefits paid
- $1,524,273
- Administrative expenses
- $96,128
- Total expenses
- $1,620,891
- Net increase / (decrease)
- $3,526,653
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Midland States Bank | NONE | $96,128 | not reported in the loaded dataset |
| Charles Schwab Trust Bank | NONE | $0 | $8,817 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 |