Machine Concepts, Inc. Profit Sharing Plan — Form 5500 plan (Machine Concepts, 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, Machine Concepts, Inc. Profit Sharing Plan is a benefit plan reported by Machine Concepts, Inc. under EIN 34-1759317 and plan number 001. The latest loaded filing year is 2023. The filing reports 121 participants and $21,623,940 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Machine Concepts, Inc.
- EIN
- 34-1759317
- Plan number
- 001
- Plan type
- 2
- Location
- Minster, OH
- Latest filing year
- 2023
- Participants
- 121
- End-of-year plan assets
- $21,623,940
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 121 | I | 20240520102149NAL0000484691001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $21,623,940
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,623,940
- Net assets (BOY)
- $18,540,333
Income & contributions
- Employer contributions
- $653,400
- Participant contributions
- $635,903
- Total income / additions
- $4,695,389
Expenses & distributions
- Benefits paid
- $1,611,782
- Administrative expenses
- $0
- Total expenses
- $1,611,782
- Net increase / (decrease)
- $3,083,607
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.