Mican Technologies Inc. 401k Plan — Form 5500 plan (Mican Technologies 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, Mican Technologies Inc. 401k Plan is a benefit plan reported by Mican Technologies Inc. under EIN 20-8536198 and plan number 001. The latest loaded filing year is 2023. The filing reports 270 participants and $3,511,304 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mican Technologies Inc.
- EIN
- 20-8536198
- Plan number
- 001
- Plan type
- 2
- Location
- Bear, DE
- Latest filing year
- 2023
- Participants
- 270
- End-of-year plan assets
- $3,511,304
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 270 | H, C | 20240924052854NAL0012543329001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,511,304
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,511,304
- Net assets (BOY)
- $2,221,350
Income & contributions
- Participant contributions
- $956,535
- Total contributions
- $990,507
- Total income / additions
- $1,506,296
Expenses & distributions
- Benefits paid
- $196,275
- Administrative expenses
- $14,905
- Total expenses
- $216,342
- Net increase / (decrease)
- $1,289,954
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $11,595 | $1,267 | 2023 |
| Adp, Inc. | RECORD KEEPER | $3,309 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |