Msc Development, Inc. 401(K) Plan — Form 5500 plan (Msc Development, 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, Msc Development, Inc. 401(K) Plan is a benefit plan reported by Msc Development, Inc. under EIN 56-2115711 and plan number 001. The latest loaded filing year is 2023. The filing reports 435 participants and $8,134,398 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Msc Development, Inc.
EIN
56-2115711
Plan number
001
Plan type
2
Location
Matthews, NC
Latest filing year
2023
Participants
435
End-of-year plan assets
$8,134,398

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023435H, C20241015131710NAL0029755825001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$8,134,398
Total liabilities (EOY)
$0
Net assets (EOY)
$8,134,398
Net assets (BOY)
$6,739,273

Income & contributions

Employer contributions
$284,108
Participant contributions
$1,085,590
Total contributions
$1,369,698
Total income / additions
$2,470,861

Expenses & distributions

Benefits paid
$1,057,409
Administrative expenses
$18,280
Total expenses
$1,075,736
Net increase / (decrease)
$1,395,125

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$18,280$02023
Greenspon And Associates IncOTHER SERVICES$0$7,4572023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages