2023 Form 5500 filing — M. B. Haynes Corporation Employee Stock Ownership 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 20250115160710NAL0036017648001) for M. B. Haynes Corporation Employee Stock Ownership Plan, reported by M.B. Haynes Corporation under EIN 56-0506077 and plan number 002. It reports 695 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250115160710NAL0036017648001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- M.B. Haynes Corporation
- EIN
- 56-0506077
- Plan number
- 002
- Location
- Asheville, NC
- Participants
- 695
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $56,228,129
- Total liabilities (EOY)
- $14,710,617
- Net assets (EOY)
- $41,517,512
- Employer contributions
- $3,446,123
- Total income / additions
- $13,264,277
- Benefits paid
- $1,343,402
- Administrative expenses
- $8,608
- Total expenses
- $1,708,719
- Net increase / (decrease)
- $11,555,558
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Colton Groome Financial Advisors | FINANCIAL ADVISOR | $8,608 | not reported in the loaded dataset |