401(k)
2023 plan-year 401(k) DOL Form 5500

Mkd Electric LLC Employee's Profit Sharing Plan

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

Sponsored by Mkd Electric LLC · Illinois · Other Services

What the 2023 filing shows

Mkd Electric LLC Employee's Profit Sharing Plan holds $23M for 453 participants — about $50,003 per participant, up 25.1% over the 2023 plan year.

$23M
total plan assets (2023 EOY)
453
covered participants
$50,003
avg assets per participant
+25.1%
assets growth YoY
Total Assets (2023)
$23M
Participants
453
State
Industry
Other Services

What the Filing Says About Mkd Electric LLC Employee's Profit Sharing Plan

Mkd Electric LLC Employee's Profit Sharing Plan is a 401(k) retirement plan sponsored by Mkd Electric LLC, headquartered in Illinois. As of the 2023 Form 5500 filing, the plan reports $23M in total end-of-year assets and covers 453 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 364070454, and the plan has been effective since 1998-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $18M at the beginning of 2023 to $23M at year-end — a gain of 25.1%. Net assets (after liabilities) closed the year at $23M, with reported net income of $5M 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)$18M
Total Assets (End of Year)$23M
Net Assets (End of Year)$23M
Net Income$5M
Plan Type401(k)
Employer EIN364070454
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mkd Electric LLC)

Year Plans Participants Total Assets
2022 1 336 $18M
2023 1 453 $23M
2024 1 469 $27M

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Frequently Asked Questions

How much money is in the Mkd Electric LLC Employee's Profit Sharing Plan?
As of the 2023 Form 5500 filing, Mkd Electric LLC Employee's Profit Sharing Plan holds $23M in total assets with 453 participants. It is sponsored by Mkd Electric LLC.
What type of plan is Mkd Electric LLC Employee's Profit Sharing Plan?
Mkd Electric LLC Employee's Profit Sharing Plan is a 401(k) plan. It has been effective since 1998-01-01. The plan is filed with the U.S. Department of Labor under EIN 364070454.
Who sponsors the Mkd Electric LLC Employee's Profit Sharing Plan?
Mkd Electric LLC Employee's Profit Sharing Plan is sponsored by Mkd Electric LLC, located in Illinois. The sponsor's EIN is 364070454 and the plan operates in the Other Services industry.
How did Mkd Electric LLC Employee's Profit Sharing Plan perform in 2023?
Mkd Electric LLC Employee's Profit Sharing Plan grew by 25.1% during 2023, moving from $18M to $23M in total assets. Net income was $5M.
Where can I find official filings for Mkd Electric LLC Employee's Profit Sharing Plan?
Official Form 5500 filings for Mkd Electric LLC Employee's Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 364070454 or plan name at efast.dol.gov.
How does Mkd Electric LLC Employee's Profit Sharing Plan compare to other plans?
You can compare Mkd Electric LLC Employee's Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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 364070454.

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.