Machine Sciences Corporation 401(K) Profit Sharing Plan — Form 5500 plan (Machine Sciences Corporation)
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, Machine Sciences Corporation 401(K) Profit Sharing Plan is a benefit plan reported by Machine Sciences Corporation under EIN 93-1317451 and plan number 001. The latest loaded filing year is 2023. The filing reports 150 participants and $5,611,578 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Machine Sciences Corporation
- EIN
- 93-1317451
- Plan number
- 001
- Plan type
- 2
- Location
- Tualatin, OR
- Latest filing year
- 2023
- Participants
- 150
- End-of-year plan assets
- $5,611,578
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 150 | H, C | 20240823133647NAL0003674339001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,611,578
- Total liabilities (EOY)
- $367
- Net assets (EOY)
- $5,611,211
- Net assets (BOY)
- $4,389,704
Income & contributions
- Employer contributions
- $307,717
- Participant contributions
- $548,592
- Total contributions
- $916,564
- Total income / additions
- $1,725,449
Expenses & distributions
- Benefits paid
- $468,584
- Administrative expenses
- $35,358
- Total expenses
- $503,942
- Net increase / (decrease)
- $1,221,507
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $36,769 | $0 | 2023 |
| Cable Hill Partners | INVESTMENT ADVISORY | $0 | $17,869 | 2023 |