Plan5500

Msb/Bws 401(K) Plan — Form 5500 plan (Mike Schaap Builders, 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, Msb/Bws 401(K) Plan is a benefit plan reported by Mike Schaap Builders, Inc. under EIN 38-2853965 and plan number 001. The latest loaded filing year is 2023. The filing reports 127 participants and $6,222,674 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mike Schaap Builders, Inc.
EIN
38-2853965
Plan number
001
Plan type
2
Location
Holland, MI
Latest filing year
2023
Participants
127
End-of-year plan assets
$6,222,674

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023127H, C20241011131858NAL0012529939001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,222,674
Total liabilities (EOY)
$0
Net assets (EOY)
$6,222,674
Net assets (BOY)
$4,883,472

Income & contributions

Employer contributions
$233,319
Participant contributions
$508,235
Total contributions
$743,378
Total income / additions
$1,575,658

Expenses & distributions

Benefits paid
$202,488
Administrative expenses
$33,968
Total expenses
$236,456
Net increase / (decrease)
$1,339,202

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$33,967$02023
Mml Insurance Agency LLCOTHER SERVICES$0$6,9292023
Mml Investors Services LLCOTHER SERVICES$0$6,2972023

Related Form 5500 pages