Mte Employee Savings And Retirement Plan — Form 5500 plan (Mechanical Tool & Engineering Co.)
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, Mte Employee Savings And Retirement Plan is a benefit plan reported by Mechanical Tool & Engineering Co. under EIN 36-2260687 and plan number 002. The latest loaded filing year is 2023. The filing reports 296 participants and $29,025,968 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mechanical Tool & Engineering Co.
- EIN
- 36-2260687
- Plan number
- 002
- Plan type
- 2
- Location
- Rockford, IL
- Latest filing year
- 2023
- Participants
- 296
- End-of-year plan assets
- $29,025,968
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 296 | H, C | 20241010101103NAL0009894835001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $29,025,968
- Total liabilities (EOY)
- $490
- Net assets (EOY)
- $29,025,478
- Net assets (BOY)
- $25,498,825
Income & contributions
- Employer contributions
- $124,302
- Participant contributions
- $792,894
- Total contributions
- $1,039,884
- Total income / additions
- $5,147,544
Expenses & distributions
- Benefits paid
- $1,524,273
- Administrative expenses
- $96,128
- Total expenses
- $1,620,891
- Net increase / (decrease)
- $3,526,653
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Midland States Bank | NONE | $96,128 | not reported in the loaded dataset | 2023 |
| Charles Schwab Trust Bank | NONE | $0 | $8,817 | 2023 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 | 2023 |