Material Sciences Corporation Savings And Investment Plan — Form 5500 plan (Material 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, Material Sciences Corporation Savings And Investment Plan is a benefit plan reported by Material Sciences Corporation under EIN 95-2673173 and plan number 003. The latest loaded filing year is 2023. The filing reports 496 participants and $52,331,018 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Material Sciences Corporation
EIN
95-2673173
Plan number
003
Plan type
2
Location
Elk Grove Village, IL
Latest filing year
2023
Participants
496
End-of-year plan assets
$52,331,018

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023496H, C20241015100216NAL0016105603006

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$52,331,018
Net assets (EOY)
$52,331,018
Net assets (BOY)
$47,285,026

Income & contributions

Employer contributions
$1,064,489
Participant contributions
$1,682,600
Total contributions
$2,780,636
Total income / additions
$10,363,459

Expenses & distributions

Benefits paid
$5,231,445
Administrative expenses
$75,350
Total expenses
$5,317,467
Net increase / (decrease)
$5,045,992

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Financial GroupINVESTMENT ADVISOR$38,434not reported in the loaded dataset2023
Transamerica Retirement SolutionsRECORDKEEPER$36,916$02023
National Financial ServicesSECURITIES BROKER$0$02023

Related Form 5500 pages