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, Maxway 401(K) And Profit Sharing Plan is a benefit plan reported by Maxway Trucking, Inc. under EIN 87-0365392 and plan number 001. The latest loaded filing year is 2023. The filing reports 584 participants and $13,078,872 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,078,872
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,078,872
- Net assets (BOY)
- $11,973,809
Income & contributions
- Employer contributions
- $1,228,868
- Participant contributions
- $1,121,304
- Total contributions
- $2,470,456
- Total income / additions
- $4,960,513
Expenses & distributions
- Benefits paid
- $3,763,918
- Administrative expenses
- $91,532
- Total expenses
- $3,855,450
- Net increase / (decrease)
- $1,105,063