401(k)
2022 plan-year 401(k) DOL Form 5500

Ag Ship Maintenance Corp. 401(k) Profit Sharing Plan - Union

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Ag Ship Maintenance Corp · New Jersey · Construction

What the 2023 filing shows

Ag Ship Maintenance Corp. 401(k) Profit Sharing Plan - Union holds $7M for 117 participants — about $59,327 per participant, down 2.9% over the 2022 plan year.

$7M
total plan assets (2022 EOY)
117
covered participants
$59,327
avg assets per participant
-2.9%
assets change YoY

The plan reported a net loss of $205K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$7M
Participants
117
State
Industry
Construction

What the Filing Says About Ag Ship Maintenance Corp. 401(k) Profit Sharing Plan - Union

Ag Ship Maintenance Corp. 401(k) Profit Sharing Plan - Union is a 401(k) retirement plan sponsored by Ag Ship Maintenance Corp, headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 117 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 112110636, and the plan has been effective since 1993-03-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $7M at the beginning of 2022 to $7M at year-end — a decline of 2.9%. Net assets (after liabilities) closed the year at $7M, with reported net income of $-204,593 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$7M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$-204,593
Plan Type401(k)
Employer EIN112110636
Plan Effective Date1993-03-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Ag Ship Maintenance Corp. 401(k) Profit Sharing Plan - Union?
As of the 2022 Form 5500 filing, Ag Ship Maintenance Corp. 401(k) Profit Sharing Plan - Union holds $7M in total assets with 117 participants. It is sponsored by Ag Ship Maintenance Corp.
What type of plan is Ag Ship Maintenance Corp. 401(k) Profit Sharing Plan - Union?
Ag Ship Maintenance Corp. 401(k) Profit Sharing Plan - Union is a 401(k) plan. It has been effective since 1993-03-01. The plan is filed with the U.S. Department of Labor under EIN 112110636.
Who sponsors the Ag Ship Maintenance Corp. 401(k) Profit Sharing Plan - Union?
Ag Ship Maintenance Corp. 401(k) Profit Sharing Plan - Union is sponsored by Ag Ship Maintenance Corp, located in New Jersey. The sponsor's EIN is 112110636 and the plan operates in the Construction industry.
How did Ag Ship Maintenance Corp. 401(k) Profit Sharing Plan - Union perform in 2022?
Ag Ship Maintenance Corp. 401(k) Profit Sharing Plan - Union declined by 2.9% during 2022, moving from $7M to $7M in total assets. Net income was $-204,593.
Where can I find official filings for Ag Ship Maintenance Corp. 401(k) Profit Sharing Plan - Union?
Official Form 5500 filings for Ag Ship Maintenance Corp. 401(k) Profit Sharing Plan - Union are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 112110636 or plan name at efast.dol.gov.
How does Ag Ship Maintenance Corp. 401(k) Profit Sharing Plan - Union compare to other plans?
You can compare Ag Ship Maintenance Corp. 401(k) Profit Sharing Plan - Union against other 401(k) plans on the plan type page, or view plans in New Jersey on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 112110636.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.