Transportation And Logistics 401(K) Plan — Form 5500 plan (Martin Transportation Systems, 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, Transportation And Logistics 401(K) Plan is a benefit plan reported by Martin Transportation Systems, Inc under EIN 38-2842208 and plan number 005. The latest loaded filing year is 2023. The filing reports 1,535 participants and $22,394,665 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Martin Transportation Systems, Inc
EIN
38-2842208
Plan number
005
Plan type
2
Location
Byron Center, MI
Latest filing year
2023
Participants
1,535
End-of-year plan assets
$22,394,665

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,535H, C20240716133854NAL0005246928001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$22,394,665
Total liabilities (EOY)
$0
Net assets (EOY)
$22,394,665
Net assets (BOY)
$18,708,681

Income & contributions

Employer contributions
$539,589
Participant contributions
$2,094,808
Total contributions
$2,889,586
Total income / additions
$6,267,774

Expenses & distributions

Benefits paid
$2,567,847
Administrative expenses
$13,943
Total expenses
$2,581,790
Net increase / (decrease)
$3,685,984

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$13,942$02023

Related Form 5500 pages