2023 Form 5500 filing — Makino Mote 401(K) 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 20241015075857NAL0055145698001) for Makino Mote 401(K) Savings Plan, reported by Makino, Inc. under EIN 31-0352460 and plan number 130. It reports 649 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015075857NAL0055145698001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Makino, Inc.
- EIN
- 31-0352460
- Plan number
- 130
- Location
- Mason, OH
- Participants
- 649
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $115,716,292
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $115,716,292
- Employer contributions
- $2,289,835
- Participant contributions
- $5,032,347
- Total income / additions
- $26,683,451
- Benefits paid
- $11,155,892
- Administrative expenses
- $188,537
- Total expenses
- $11,370,509
- Net increase / (decrease)
- $15,312,942
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $172,222 | $0 |
| Morgan Stanley Global Banking Opera | OTHER SERVICES | $0 | $80,723 |
| Envestnet Asset Management Inc | INV ADV, PARTICIPANTS | $9,356 | not reported in the loaded dataset |
| Total Wealth Planning LLC | INV ADV, PARTICIPANTS | $6,781 | not reported in the loaded dataset |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |