2023 Form 5500 filing — The Matco Group, Inc. 401(K) 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 20241015132212NAL0028558129001) for The Matco Group, Inc. 401(K) Plan, reported by The Matco Group, Inc. under EIN 16-1238150 and plan number 001. It reports 1,467 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015132212NAL0028558129001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Matco Group, Inc.
- EIN
- 16-1238150
- Plan number
- 001
- Location
- Vestal, NY
- Participants
- 1,467
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $43,801,837
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $43,801,837
- Participant contributions
- $1,912,067
- Total income / additions
- $9,437,691
- Benefits paid
- $5,948,188
- Administrative expenses
- $79,157
- Total expenses
- $6,027,345
- Net increase / (decrease)
- $3,410,346
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nbt Bank Na | NONE | $68,657 | not reported in the loaded dataset |
| Charles Schwab Trust Bank | NONE | $0 | $11,922 |
| Piaker & Lyons, P.C. | NONE | $10,500 | not reported in the loaded dataset |
| Epic Retirement Plan Services | NONE | $0 | $0 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 |