Meyer Najem 401k Profit Sharing Plan — Form 5500 plan (Meyer & Najem 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, Meyer Najem 401k Profit Sharing Plan is a benefit plan reported by Meyer & Najem Inc. under EIN 35-1712644 and plan number 001. The latest loaded filing year is 2023. The filing reports 142 participants and $14,451,112 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Meyer & Najem Inc.
- EIN
- 35-1712644
- Plan number
- 001
- Plan type
- 2
- Location
- Fishers, IN
- Latest filing year
- 2023
- Participants
- 142
- End-of-year plan assets
- $14,451,112
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 142 | H, C | 20241015073849NAL0014202883001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,451,112
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,451,112
- Net assets (BOY)
- $11,662,341
Income & contributions
- Employer contributions
- $282,760
- Participant contributions
- $1,259,961
- Total contributions
- $1,609,876
- Total income / additions
- $3,508,046
Expenses & distributions
- Benefits paid
- $667,755
- Administrative expenses
- $51,520
- Total expenses
- $719,275
- Net increase / (decrease)
- $2,788,771
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Co | RECORDKEEPER | $40,627 | $0 | 2023 |
| Mmlis | BROKER/ADVISER | $0 | $26,331 | 2023 |
| Retirement Plan Concepts & Svcs | CONTRACT ADMIN | $4,695 | $5,499 | 2023 |