Mti Distributing 401(K) Plan — Form 5500 plan (Mti Distributing 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, Mti Distributing 401(K) Plan is a benefit plan reported by Mti Distributing Inc. under EIN 41-1939333 and plan number 002. The latest loaded filing year is 2023. The filing reports 133 participants and $18,474,208 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mti Distributing Inc.
- EIN
- 41-1939333
- Plan number
- 002
- Plan type
- 2
- Location
- Brooklyn Center, MN
- Latest filing year
- 2023
- Participants
- 133
- End-of-year plan assets
- $18,474,208
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 133 | H, C | 20241007103240NAL0007490851001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,474,208
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,474,208
- Net assets (BOY)
- $14,968,196
Income & contributions
- Employer contributions
- $185,344
- Participant contributions
- $1,079,242
- Total contributions
- $1,577,193
- Total income / additions
- $4,427,450
Expenses & distributions
- Benefits paid
- $914,394
- Administrative expenses
- $7,044
- Total expenses
- $921,438
- Net increase / (decrease)
- $3,506,012
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $7,044 | $0 | 2023 |