Mechanical Concepts Inc. Profit Sharing Plan — Form 5500 plan (Mechanical 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, Mechanical Concepts Inc. Profit Sharing Plan is a benefit plan reported by Mechanical Concepts Inc. under EIN 35-1758534 and plan number 001. The latest loaded filing year is 2023. The filing reports 7 participants and $3,296,330 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mechanical Concepts Inc.
- EIN
- 35-1758534
- Plan number
- 001
- Plan type
- 2
- Location
- Gary, IN
- Latest filing year
- 2023
- Participants
- 7
- End-of-year plan assets
- $3,296,330
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 7 | I | 20240501091858NAL0043166882001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $3,296,330
- Net assets (EOY)
- $3,296,330
- Net assets (BOY)
- $2,662,685
Income & contributions
- Employer contributions
- $85,802
- Participant contributions
- $108,412
- Total income / additions
- $633,645
Expenses & distributions
- Total expenses
- $0
- Net increase / (decrease)
- $633,645
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.