Mayville Engineering Company, Inc. 401(K) Plan — Form 5500 plan (Mayville Engineering Company, 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, Mayville Engineering Company, Inc. 401(K) Plan is a benefit plan reported by Mayville Engineering Company, Inc under EIN 39-0944729 and plan number 003. The latest loaded filing year is 2023. The filing reports 3,662 participants and $149,601,324 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$149.6MPlan net assets, end of year$149,601,324
Participants3.7KCovered participants reported3,662
Assets / participant$40.9KComputed: assets ÷ participants$40,852 (computed)
Provider compensation$237.6K1 Schedule C provider row(s)$237,645
- Plan sponsor
- Mayville Engineering Company, Inc
- EIN
- 39-0944729
- Plan number
- 003
- Plan type
- 2
- Location
- Milwaukee, WI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,662 | H, C | 20240625081133NAL0007021473001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$149.6M total assets
Net assets$149.6MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $149,601,324
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $149,601,324
- Net assets (BOY)
- $117,557,338
Income & contributions
- Employer contributions
- $3,411,308
- Participant contributions
- $8,576,968
- Total contributions
- $32,670,742
- Total income / additions
- $52,450,127
Expenses & distributions
- Benefits paid
- $22,514,416
- Administrative expenses
- $237,645
- Total expenses
- $22,762,302
- Net increase / (decrease)
- $29,687,825
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
28%72%
Employer 28%Participant 72%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income43%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $237,645 | $0 | 2023 |