Mccombs Steel Company, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Mccombs Steel Company, 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, Mccombs Steel Company, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Mccombs Steel Company, Inc. under EIN 56-1451250 and plan number 001. The latest loaded filing year is 2023. The filing reports 128 participants and $5,927,394 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mccombs Steel Company, Inc.
- EIN
- 56-1451250
- Plan number
- 001
- Plan type
- 2
- Location
- Statesville, NC
- Latest filing year
- 2023
- Participants
- 128
- End-of-year plan assets
- $5,927,394
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 128 | H, C | 20240812095822NAL0009364417001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,927,394
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,927,394
- Net assets (BOY)
- $5,312,587
Income & contributions
- Employer contributions
- $104,309
- Participant contributions
- $563,603
- Total contributions
- $667,912
- Total income / additions
- $1,619,611
Expenses & distributions
- Benefits paid
- $954,012
- Administrative expenses
- $32,797
- Total expenses
- $1,004,804
- Net increase / (decrease)
- $614,807
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Excel Wealth Management LLC | INVESTMENT ADVISOR | $11,731 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $11,717 | $0 | 2023 |
| Bdg-Cpas | AUDITOR | $9,200 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $149 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Mccombs Steel Company, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Statesville, NC
- Excel Wealth Management LLC — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation
- Bdg-Cpas — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation