Mona Electric Group, Inc. 401(K) Retirement Plan — Form 5500 plan (Mona Electric Group, 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, Mona Electric Group, Inc. 401(K) Retirement Plan is a benefit plan reported by Mona Electric Group, Inc. under EIN 52-0846122 and plan number 002. The latest loaded filing year is 2023. The filing reports 128 participants and $16,509,942 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mona Electric Group, Inc.
- EIN
- 52-0846122
- Plan number
- 002
- Plan type
- 2
- Location
- Clinton, MD
- Latest filing year
- 2023
- Participants
- 128
- End-of-year plan assets
- $16,509,942
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 128 | H, C | 20241007124358NAL0016067857001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,509,942
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,509,942
- Net assets (BOY)
- $14,069,389
Income & contributions
- Employer contributions
- $308,215
- Participant contributions
- $675,608
- Total contributions
- $1,072,821
- Total income / additions
- $3,496,673
Expenses & distributions
- Benefits paid
- $1,000,050
- Administrative expenses
- $56,070
- Total expenses
- $1,056,120
- Net increase / (decrease)
- $2,440,553
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $56,070 | $0 | 2023 |
| Raymond James Financial Services | INVESTMENT ADVISORY | $0 | $28,176 | 2023 |
| Raymond James Insurance Group Inc | OTHER SERVICES | $0 | $6,607 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Mona Electric Group, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Clinton, MD
- Principal Life Insurance Company — Schedule C compensation
- Raymond James Financial Services — Schedule C compensation
- Raymond James Insurance Group Inc — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation