Mitchell Plastics 401(K) Plan — Form 5500 plan (Ultra Manufacturing (Usa), Inc. D/B/A Mitchell Plastics)

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, Mitchell Plastics 401(K) Plan is a benefit plan reported by Ultra Manufacturing (Usa), Inc. D/B/A Mitchell Plastics under EIN 20-0790265 and plan number 001. The latest loaded filing year is 2023. The filing reports 572 participants and $7,968,042 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8MPlan net assets, end of year$7,968,042
Participants572Covered participants reported
Assets / participant$13.9KComputed: assets ÷ participants$13,930 (computed)
Provider compensation$64.8K3 Schedule C provider row(s)$64,806
Plan sponsor
Ultra Manufacturing (Usa), Inc. D/B/A Mitchell Plastics
EIN
20-0790265
Plan number
001
Plan type
2
Location
Huntsville, AL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023572H, C20240731073404NAL0033471040001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$8M total assets
Net assets$8MLiabilities$0
Money in vs. money out
Total income / additions$2.3M
Total expenses$792.8K
Benefits paid / distributions$710.2K
Contributions
Employer$386.6K
Participant$876.3K
Full reported line items

Net assets

Total assets (EOY)
$7,968,042
Total liabilities (EOY)
$0
Net assets (EOY)
$7,968,042
Net assets (BOY)
$6,500,789

Income & contributions

Employer contributions
$386,597
Participant contributions
$876,334
Total contributions
$1,339,887
Total income / additions
$2,260,066

Expenses & distributions

Benefits paid
$710,239
Administrative expenses
$47,691
Total expenses
$792,813
Net increase / (decrease)
$1,467,253
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 31%Participant 69%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income31%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John HancockRECORDKEEPER$64,682$02023
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$124$02023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages