Maxson Automatic Machinery Co. 401(K) Plan — Form 5500 plan (Maxson Automatic Machinery 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, Maxson Automatic Machinery Co. 401(K) Plan is a benefit plan reported by Maxson Automatic Machinery Company under EIN 05-0179380 and plan number 002. The latest loaded filing year is 2023. The filing reports 40 participants and $4,640,424 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Maxson Automatic Machinery Company
EIN
05-0179380
Plan number
002
Plan type
2
Location
Westerly, RI
Latest filing year
2023
Participants
40
End-of-year plan assets
$4,640,424

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202340I20241011093620NAL0036535296001

Reported financial statement (2023 · Schedule I)

Net assets

Total assets (EOY)
$4,640,424
Total liabilities (EOY)
$0
Net assets (EOY)
$4,640,424
Net assets (BOY)
$3,681,575

Income & contributions

Employer contributions
$49,470
Participant contributions
$184,046
Total income / additions
$1,103,209

Expenses & distributions

Benefits paid
$138,302
Administrative expenses
$441
Total expenses
$144,360
Net increase / (decrease)
$958,849

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages