Marine Solutions, Inc. Retirement Plan — Form 5500 plan (Marine Solutions, 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, Marine Solutions, Inc. Retirement Plan is a benefit plan reported by Marine Solutions, Inc. under EIN 20-5802740 and plan number 001. The latest loaded filing year is 2023. The filing reports 124 participants and $9,652,028 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Marine Solutions, Inc.
- EIN
- 20-5802740
- Plan number
- 001
- Plan type
- 2
- Location
- Nicholasville, KY
- Latest filing year
- 2023
- Participants
- 124
- End-of-year plan assets
- $9,652,028
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 124 | H, C | 20241015082849NAL0015986995003 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,652,028
- Net assets (EOY)
- $9,652,028
- Net assets (BOY)
- $7,110,950
Income & contributions
- Employer contributions
- $454,603
- Participant contributions
- $717,382
- Total contributions
- $1,171,985
- Total income / additions
- $2,702,387
Expenses & distributions
- Benefits paid
- $156,322
- Administrative expenses
- $1,518
- Total expenses
- $161,309
- Net increase / (decrease)
- $2,541,078
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Benefits Administrators, LLC | CONTRACT ADMIN | $1,151 | $3,905 | 2023 |
| Mmlis | BROKER/ADVISOR | $0 | $2,466 | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $1,018 | $0 | 2023 |
| Retirement Management Services, LLC | CONTRACT ADMIN | $125 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Marine Solutions, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in KY
- 401(k) and benefit plan filings in Nicholasville, KY
- Benefits Administrators, LLC — Schedule C compensation
- Mmlis — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation
- Retirement Management Services, LLC — Schedule C compensation