Mathews Brothers Company 401(K) Plan — Form 5500 plan (Mathews Brothers Company)
Plain-English plan 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, Mathews Brothers Company 401(K) Plan is a benefit plan reported by Mathews Brothers Company under EIN 01-0116500 and plan number 001. The latest loaded filing year is 2023. The filing reports 357 participants and $6,833,939 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mathews Brothers Company
- EIN
- 01-0116500
- Plan number
- 001
- Plan type
- 2
- Location
- Belfast, ME
- Latest filing year
- 2023
- Participants
- 357
- End-of-year plan assets
- $6,833,939
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 357 | H, C | 20240725104755NAL0013943969001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,833,939
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,833,939
- Net assets (BOY)
- $5,911,669
Income & contributions
- Employer contributions
- $64,004
- Participant contributions
- $522,671
- Total contributions
- $586,675
- Total income / additions
- $1,480,578
Expenses & distributions
- Benefits paid
- $523,658
- Administrative expenses
- $34,650
- Total expenses
- $558,308
- Net increase / (decrease)
- $922,270
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cpi Qualified Plan Consultants, Inc | NONE | $22,016 | not reported in the loaded dataset | 2023 |
| Commonwealth Financial Network | NONE | $12,634 | not reported in the loaded dataset | 2023 |