2023 Form 5500 filing — Multiquip Inc. Profit Sharing And Retirement 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 20241015111206NAL0016208531001) for Multiquip Inc. Profit Sharing And Retirement Savings Plan, reported by Multiquip Inc. under EIN 95-2874203 and plan number 003. It reports 597 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015111206NAL0016208531001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Multiquip Inc.
- EIN
- 95-2874203
- Plan number
- 003
- Location
- Cypress, CA
- Participants
- 597
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $57,401,630
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $57,401,630
- Employer contributions
- $874,407
- Participant contributions
- $3,528,635
- Total income / additions
- $13,471,135
- Benefits paid
- $5,188,803
- Administrative expenses
- $199,784
- Total expenses
- $5,400,115
- Net increase / (decrease)
- $8,071,020
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | NONE | $88,414 | $0 |
| Four Points Capital Partners | NONE | $56,384 | not reported in the loaded dataset |
| Provenance Wealth Advisors LLC | NONE | $51,093 | not reported in the loaded dataset |
| Wright Ford Young & Co | NONE | $8,000 | not reported in the loaded dataset |