M. B. Haynes Corporation Employee Stock Ownership Plan — Form 5500 plan (M.B. Haynes Corporation)

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, M. B. Haynes Corporation Employee Stock Ownership Plan is a benefit plan reported by M.B. Haynes Corporation under EIN 56-0506077 and plan number 002. The latest loaded filing year is 2023. The filing reports 695 participants and $56,228,129 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
M.B. Haynes Corporation
EIN
56-0506077
Plan number
002
Plan type
2
Location
Asheville, NC
Latest filing year
2023
Participants
695
End-of-year plan assets
$56,228,129

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023695H, C20250115160710NAL0036017648001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$56,228,129
Total liabilities (EOY)
$14,710,617
Net assets (EOY)
$41,517,512
Net assets (BOY)
$29,961,954

Income & contributions

Employer contributions
$3,446,123
Total contributions
$3,446,123
Total income / additions
$13,264,277

Expenses & distributions

Benefits paid
$1,343,402
Administrative expenses
$8,608
Total expenses
$1,708,719
Net increase / (decrease)
$11,555,558

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Colton Groome Financial AdvisorsFINANCIAL ADVISOR$8,608not reported in the loaded dataset2023

Related Form 5500 pages