2023 Form 5500 filing — Mbn 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 20241015153641NAL0030193889001) for Mbn Savings Plan, reported by Middle East Broadcasting Networks, Inc. under EIN 42-1591205 and plan number 001. It reports 693 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015153641NAL0030193889001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Middle East Broadcasting Networks, Inc.
- EIN
- 42-1591205
- Plan number
- 001
- Location
- Springfield, VA
- Participants
- 693
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $91,438,232
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $91,438,232
- Employer contributions
- $2,098,224
- Participant contributions
- $2,803,019
- Total income / additions
- $17,305,545
- Benefits paid
- $7,528,252
- Administrative expenses
- $156,935
- Total expenses
- $7,778,045
- Net increase / (decrease)
- $9,527,500
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $156,935 | $0 |
| Sageview Advisory Group | INVESTMENT ADVISORY | $0 | $65,000 |