Marquardt Switches, Inc. 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Marquardt Switches, Inc.)

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, Marquardt Switches, Inc. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Marquardt Switches, Inc. under EIN 16-1170424 and plan number 001. The latest loaded filing year is 2023. The filing reports 494 participants and $27,503,424 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Marquardt Switches, Inc.
EIN
16-1170424
Plan number
001
Plan type
2
Location
Cazenovia, NY
Latest filing year
2023
Participants
494
End-of-year plan assets
$27,503,424

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023494H, C20241004053426NAL0005417843001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$27,503,424
Total liabilities (EOY)
$0
Net assets (EOY)
$27,503,424
Net assets (BOY)
$22,438,258

Income & contributions

Employer contributions
$807,471
Participant contributions
$2,237,212
Total contributions
$3,273,810
Total income / additions
$7,554,126

Expenses & distributions

Benefits paid
$2,361,069
Administrative expenses
$67,575
Total expenses
$2,488,960
Net increase / (decrease)
$5,065,166

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Good Life Advisors, LLCINVESTMENT/FINANCIAL ADVI$59,410$02023
Adp, Inc.RECORD KEEPER$8,165$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages