Martin Equipment 401(K) And Profit Sharing Plan — Form 5500 plan (Martin Equipment Of Illinois, 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, Martin Equipment 401(K) And Profit Sharing Plan is a benefit plan reported by Martin Equipment Of Illinois, Inc. under EIN 37-1090568 and plan number 001. The latest loaded filing year is 2023. The filing reports 187 participants and $17,220,565 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Martin Equipment Of Illinois, Inc.
- EIN
- 37-1090568
- Plan number
- 001
- Plan type
- 2
- Location
- Goodfield, IL
- Latest filing year
- 2023
- Participants
- 187
- End-of-year plan assets
- $17,220,565
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 187 | H, C | 20241014152529NAL0013531763001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,220,565
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,220,565
- Net assets (BOY)
- $15,266,809
Income & contributions
- Employer contributions
- $499,512
- Participant contributions
- $1,259,070
- Total contributions
- $1,793,973
- Total income / additions
- $4,137,870
Expenses & distributions
- Benefits paid
- $2,126,095
- Administrative expenses
- $58,019
- Total expenses
- $2,184,114
- Net increase / (decrease)
- $1,953,756
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $53,867 | $0 | 2023 |
| Wells Fargo Clearing Services | INV ADV, PARTICIPANTS | $8,668 | not reported in the loaded dataset | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Martin Equipment Of Illinois, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Goodfield, IL
- Principal Life Insurance Company — Schedule C compensation
- Wells Fargo Clearing Services — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation