Martin Cares Employee Benefit Plan Trust — Form 5500 plan (Martin Speciality Coatings, LLC)

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, Martin Cares Employee Benefit Plan Trust is a benefit plan reported by Martin Speciality Coatings, LLC under EIN 72-0825678 and plan number 505. The latest loaded filing year is 2023. The filing reports 72 participants and $0 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)-$11.9KPlan net assets, end of year-$11,944
Participants72Covered participants reported
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensationNone reported
Plan sponsor
Martin Speciality Coatings, LLC
EIN
72-0825678
Plan number
505
Plan type
2
Location
Shreveport, LA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202372I20240823094505NAL0010167680001
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.

Money in vs. money out
Total income / additions$677.7K
Total expenses$689.6K
Benefits paid / distributions$605.3K
Contributions
Employer$670.9K
Participant$6.8K
Full reported line items

Net assets

Total assets (EOY)
$0
Total liabilities (EOY)
$11,944
Net assets (EOY)
-$11,944
Net assets (BOY)
$0

Income & contributions

Employer contributions
$670,921
Participant contributions
$6,767
Total income / additions
$677,688

Expenses & distributions

Benefits paid
$605,273
Administrative expenses
$84,359
Total expenses
$689,632
Net increase / (decrease)
-$11,944
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 99%Participant 1%
Benefits paid ÷ total income89%Computed ratio

Service provider compensation (Schedule C)

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

Related Form 5500 pages