Mitchell Brothers Retirement Savings Plan — Form 5500 plan (Mitchell Brothers, 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, Mitchell Brothers Retirement Savings Plan is a benefit plan reported by Mitchell Brothers, Inc. under EIN 57-0707030 and plan number 001. The latest loaded filing year is 2023. The filing reports 53 participants and $3,994,455 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4MPlan net assets, end of year$3,994,455
Participants53Covered participants reported
Assets / participant$75.4KComputed: assets ÷ participants$75,367 (computed)
Provider compensationNone reported
Plan sponsor
Mitchell Brothers, Inc.
EIN
57-0707030
Plan number
001
Plan type
2
Location
Beaufort, SC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202353I20240509153048NAL0040322801001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$4M total assets
Net assets$4MLiabilities$0
Money in vs. money out
Total income / additions$1.1M
Total expenses$362.3K
Benefits paid / distributions$278.7K
Contributions
Employer$81.8K
Participant$274.1K
Full reported line items

Net assets

Total assets (EOY)
$3,994,455
Total liabilities (EOY)
$0
Net assets (EOY)
$3,994,455
Net assets (BOY)
$3,236,796

Income & contributions

Employer contributions
$81,769
Participant contributions
$274,123
Total income / additions
$1,119,950

Expenses & distributions

Benefits paid
$278,654
Administrative expenses
$83,637
Total expenses
$362,291
Net increase / (decrease)
$757,659
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 23%Participant 77%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income25%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages