Mckinley Paper Company 401(K) Profit Sharing Plan — Form 5500 plan (Mckinley Paper Company)
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, Mckinley Paper Company 401(K) Profit Sharing Plan is a benefit plan reported by Mckinley Paper Company under EIN 85-0403462 and plan number 001. The latest loaded filing year is 2023. The filing reports 326 participants and $25,068,977 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mckinley Paper Company
- EIN
- 85-0403462
- Plan number
- 001
- Plan type
- 2
- Location
- Prewitt, NM
- Latest filing year
- 2023
- Participants
- 326
- End-of-year plan assets
- $25,068,977
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 326 | H, C | 20241014181513NAL0045615728001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,068,977
- Total liabilities (EOY)
- $23,652
- Net assets (EOY)
- $25,045,325
- Net assets (BOY)
- $21,219,486
Income & contributions
- Employer contributions
- $1,277,224
- Participant contributions
- $1,690,936
- Total contributions
- $2,969,859
- Total income / additions
- $6,085,788
Expenses & distributions
- Benefits paid
- $2,192,299
- Administrative expenses
- $67,650
- Total expenses
- $2,259,949
- Net increase / (decrease)
- $3,825,839
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nwps | NONE | $39,141 | not reported in the loaded dataset | 2023 |
| Duncan & Haley Ltd | NONE | $20,000 | not reported in the loaded dataset | 2023 |
| Charles Schwab Trust Bank | NONE | $8,509 | $0 | 2023 |