Mtech 401(K) Plan — Form 5500 plan (Mtech Mechanical Technologies Group, 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, Mtech 401(K) Plan is a benefit plan reported by Mtech Mechanical Technologies Group, Inc. under EIN 73-1639381 and plan number 001. The latest loaded filing year is 2023. The filing reports 665 participants and $54,287,437 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mtech Mechanical Technologies Group, Inc.
EIN
73-1639381
Plan number
001
Plan type
2
Location
Westminster, CO
Latest filing year
2023
Participants
665
End-of-year plan assets
$54,287,437

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023665H, C20240905094615NAL0020879121001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$54,287,437
Total liabilities (EOY)
$0
Net assets (EOY)
$54,287,437
Net assets (BOY)
$44,125,348

Income & contributions

Employer contributions
$1,569,501
Participant contributions
$3,915,767
Total contributions
$5,752,712
Total income / additions
$13,048,035

Expenses & distributions

Benefits paid
$2,735,685
Administrative expenses
$150,261
Total expenses
$2,885,946
Net increase / (decrease)
$10,162,089

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$85,903$02023
Global Retirement Partners LLCINVESTMENT ADVISOR$39,461not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$24,897not reported in the loaded dataset2023

Related Form 5500 pages