Plan5500

Melgar Facility Maintenance, LLC D/B/A Mfm Industries Retirement Plan — Form 5500 plan (Melgar Facility Maintenance LLC Dba Mfm Industries)

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, Melgar Facility Maintenance, LLC D/B/A Mfm Industries Retirement Plan is a benefit plan reported by Melgar Facility Maintenance LLC Dba Mfm Industries under EIN 27-4466953 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,112 participants and $1,122,276 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.1MPlan net assets, end of year$1,122,276
Participants1.1KCovered participants reported1,112
Assets / participant$1KComputed: assets ÷ participants$1,009 (computed)
Provider compensation$27.2K2 Schedule C provider row(s)$27,226
Plan sponsor
Melgar Facility Maintenance LLC Dba Mfm Industries
EIN
27-4466953
Plan number
001
Plan type
2
Location
Highland Village, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,112H, C20241015111657NAL0014466611001
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)$1.1M total assets
Net assets$1.1MLiabilities$0
Money in vs. money out
Total income / additions$451K
Total expenses$247.6K
Benefits paid / distributions$220.7K
Contributions
Employer$290.7K
Participant$26K
Full reported line items

Net assets

Total assets (EOY)
$1,122,276
Total liabilities (EOY)
$0
Net assets (EOY)
$1,122,276
Net assets (BOY)
$918,829

Income & contributions

Employer contributions
$290,685
Participant contributions
$25,981
Total contributions
$316,666
Total income / additions
$451,030

Expenses & distributions

Benefits paid
$220,671
Administrative expenses
$26,912
Total expenses
$247,583
Net increase / (decrease)
$203,447
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 92%Participant 8%
Total expenses ÷ net assets22%Computed ratio
Benefits paid ÷ total income49%Computed ratio
Provider comp. ÷ net assets2%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$20,212$02023
Orenda Retirement, LLCCONTRACT ADMINISTRATOR$6,700$3142023

Related Form 5500 pages