401(k) Ā· DOL Form 5500 Ā· 2023

Main Street Checks, Inc. 401(k) Profit Sharing Plan

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

$6M
Total assets
147
Participants
20th
Percentile by assets

Sponsored by Main Street Checks, Inc Ā· Alabama Ā· Manufacturing

What the 2023 filing shows

Main Street Checks, Inc. 401(k) Profit Sharing Plan holds $6M for 147 participants - about $42,139 per participant, among the smaller plans by assets on file, up 20.7% over the 2023 plan year.

$6M
total plan assets (2023 EOY)
147
covered participants
20th
percentile by assets (of 72,800 plans)
$42,139
avg assets per participant
Total Assets (2023)
$6M
Participants
147
State
Industry
Manufacturing

What the Filing Says About Main Street Checks, Inc. 401(k) Profit Sharing Plan

Main Street Checks, Inc. 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Main Street Checks, Inc, headquartered in Alabama. As of the 2023 Form 5500 filing, the plan reports $6M in total end-of-year assets and covers 147 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 631201384, and the plan has been effective since 2003-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $5M at the beginning of 2023 to $6M at year-end - a gain of 20.7%. Net assets (after liabilities) closed the year at $6M, with reported net income of $1M 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 and can be compared against 2 prior plan-year filings from the same sponsor shown below.

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)$5M
Total Assets (End of Year)$6M
Net Assets (End of Year)$6M
Net Income$1M
Plan Type401(k)
Employer EIN631201384
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Main Street Checks, Inc)

Year Plans Participants Total Assets
2022 1 143 $5M
2023 1 147 $6M
2024 1 142 $7M

Nearby 401(k) Plans in Alabama

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the Main Street Checks, Inc. 401(k) Profit Sharing Plan?
As of the 2023 Form 5500 filing, Main Street Checks, Inc. 401(k) Profit Sharing Plan holds $6M in total assets with 147 participants. It is sponsored by Main Street Checks, Inc.
What type of plan is Main Street Checks, Inc. 401(k) Profit Sharing Plan?
Main Street Checks, Inc. 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 2003-01-01. The plan is filed with the U.S. Department of Labor under EIN 631201384.
Who sponsors the Main Street Checks, Inc. 401(k) Profit Sharing Plan?
Main Street Checks, Inc. 401(k) Profit Sharing Plan is sponsored by Main Street Checks, Inc, located in Alabama. The sponsor's EIN is 631201384 and the plan operates in the Manufacturing industry.
How did Main Street Checks, Inc. 401(k) Profit Sharing Plan perform in 2023?
Main Street Checks, Inc. 401(k) Profit Sharing Plan grew by 20.7% during 2023, moving from $5M to $6M in total assets. Net income was $1M.
Where can I find official filings for Main Street Checks, Inc. 401(k) Profit Sharing Plan?
Official Form 5500 filings for Main Street Checks, Inc. 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 631201384 or plan name at efast.dol.gov.
How does Main Street Checks, Inc. 401(k) Profit Sharing Plan compare to other plans?
You can compare Main Street Checks, Inc. 401(k) Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Alabama on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 631201384.

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.