Materials Testing Consultants, Inc. 401(K) Plan — Form 5500 plan (Materials Testing Consultants, 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, Materials Testing Consultants, Inc. 401(K) Plan is a benefit plan reported by Materials Testing Consultants, Inc. under EIN 38-1866284 and plan number 002. The latest loaded filing year is 2023. The filing reports 180 participants and $8,899,210 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Materials Testing Consultants, Inc.
- EIN
- 38-1866284
- Plan number
- 002
- Plan type
- 2
- Location
- Grand Rapids, MI
- Latest filing year
- 2023
- Participants
- 180
- End-of-year plan assets
- $8,899,210
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 180 | H, C | 20250113155018NAL0030425216001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,899,210
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,899,210
- Net assets (BOY)
- $7,366,838
Income & contributions
- Employer contributions
- $101,239
- Participant contributions
- $631,211
- Total contributions
- $732,450
- Total income / additions
- $2,149,497
Expenses & distributions
- Benefits paid
- $570,852
- Administrative expenses
- $46,273
- Total expenses
- $617,125
- Net increase / (decrease)
- $1,532,372
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $46,273 | $0 | 2023 |
| Sigma Financial Corporation | OTHER SERVICES | $0 | $9,417 | 2023 |
| The Oldenburg Company Inc | OTHER SERVICES | $0 | $4,416 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Materials Testing Consultants, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Grand Rapids, MI
- Principal Life Insurance Company — Schedule C compensation
- Sigma Financial Corporation — Schedule C compensation
- The Oldenburg Company Inc — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation