Maco Bag Corporation Retirement Savings Plan — Form 5500 plan (Maco Bag Corporation)
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, Maco Bag Corporation Retirement Savings Plan is a benefit plan reported by Maco Bag Corporation under EIN 16-0867483 and plan number 002. The latest loaded filing year is 2023. The filing reports 124 participants and $2,695,115 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Maco Bag Corporation
- EIN
- 16-0867483
- Plan number
- 002
- Plan type
- 2
- Location
- Newark, NY
- Latest filing year
- 2023
- Participants
- 124
- End-of-year plan assets
- $2,695,115
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 124 | H, C | 20241009124215NAL0019184193001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,695,115
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,695,115
- Net assets (BOY)
- $2,081,424
Income & contributions
- Participant contributions
- $221,326
- Total contributions
- $516,538
- Total income / additions
- $862,583
Expenses & distributions
- Benefits paid
- $221,099
- Administrative expenses
- $22,258
- Total expenses
- $248,892
- Net increase / (decrease)
- $613,691
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $22,257 | $0 | 2023 |
| Lawley Retirement Advisors | INVESTMENT ADVISORY | $0 | $8,780 | 2023 |