Midan Marketing, LLC Employees Savings Trust — Form 5500 plan (Midan Marketing, 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, Midan Marketing, LLC Employees Savings Trust is a benefit plan reported by Midan Marketing, Inc. under EIN 20-1811312 and plan number 001. The latest loaded filing year is 2023. The filing reports 154 participants and $10,356,385 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Midan Marketing, Inc.
EIN
20-1811312
Plan number
001
Plan type
2
Location
Mooresville, NC
Latest filing year
2023
Participants
154
End-of-year plan assets
$10,356,385

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023154H, C20241011084527NAL0043709330001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,356,385
Total liabilities (EOY)
$0
Net assets (EOY)
$10,356,385
Net assets (BOY)
$9,210,605

Income & contributions

Employer contributions
$785,722
Participant contributions
$733,319
Total contributions
$1,961,330
Total income / additions
$3,558,469

Expenses & distributions

Benefits paid
$2,333,569
Administrative expenses
$79,120
Total expenses
$2,412,689
Net increase / (decrease)
$1,145,780

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$79,120$02023
Onedigital Investment AdvisorsINVESTMENT ADVISORY$0$28,2182023
Lpl Financial LLCOTHER SERVICES$0$5,4642023

Related Form 5500 pages