Martins, Inc. 401(K) Plan — Form 5500 plan (Martins, 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, Martins, Inc. 401(K) Plan is a benefit plan reported by Martins, Inc. under EIN 52-0813461 and plan number 002. The latest loaded filing year is 2023. The filing reports 477 participants and $7,326,822 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Martins, Inc.
EIN
52-0813461
Plan number
002
Plan type
2
Location
Baltimore, MD
Latest filing year
2023
Participants
477
End-of-year plan assets
$7,326,822

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023477H, C20241015092245NAL0016051747001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,326,822
Total liabilities (EOY)
$0
Net assets (EOY)
$7,326,822
Net assets (BOY)
$6,408,624

Income & contributions

Employer contributions
$99,210
Participant contributions
$463,178
Total contributions
$562,388
Total income / additions
$1,522,489

Expenses & distributions

Benefits paid
$595,756
Administrative expenses
$3,850
Total expenses
$604,291
Net increase / (decrease)
$918,198

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lincoln Financial Advisors CorpADVISOR$0$14,9862023
Fidelity Investments InstitutionalRECORDKEEPER$3,850$02023

Related Form 5500 pages