Mclaughlin Gormley King Company Profit Sharing And Employee Savings Plan — Form 5500 plan (Mclaughlin Gormley King Company)
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, Mclaughlin Gormley King Company Profit Sharing And Employee Savings Plan is a benefit plan reported by Mclaughlin Gormley King Company under EIN 41-0403600 and plan number 001. The latest loaded filing year is 2023. The filing reports 231 participants and $47,049,503 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mclaughlin Gormley King Company
- EIN
- 41-0403600
- Plan number
- 001
- Plan type
- 2
- Location
- Minneapolis, MN
- Latest filing year
- 2023
- Participants
- 231
- End-of-year plan assets
- $47,049,503
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 231 | H, C | 20241010154719NAL0036334576001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $47,049,503
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $47,049,503
- Net assets (BOY)
- $37,127,228
Income & contributions
- Employer contributions
- $1,637,650
- Participant contributions
- $1,946,758
- Total contributions
- $4,140,929
- Total income / additions
- $11,326,270
Expenses & distributions
- Benefits paid
- $1,313,279
- Administrative expenses
- $90,716
- Total expenses
- $1,403,995
- Net increase / (decrease)
- $9,922,275
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Keystone Wealth Advisors Inc | ADVISOR | $83,077 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $7,639 | $0 | 2023 |