Profit Sharing Β· DOL Form 5500 Β· 2023

Mallick Mechanical Contractors, Inc. Profit Sharing Plan & Trust

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

$9M
Total assets
177
Participants
29th
Percentile by assets

Sponsored by Mallick Mechcanical Contractors, Inc. Β· Maryland Β· Mining & Oil Extraction

What the 2023 filing shows

Mallick Mechanical Contractors, Inc. Profit Sharing Plan & Trust holds $9M for 177 participants - about $48,958 per participant, in the lower half of filed plans by assets, up 24.6% over the 2023 plan year.

$9M
total plan assets (2023 EOY)
177
covered participants
29th
percentile by assets (of 72,800 plans)
$48,958
avg assets per participant
Total Assets (2023)
$9M
Participants
177
State
Industry
Mining & Oil Extraction

What the Filing Says About Mallick Mechanical Contractors, Inc. Profit Sharing Plan & Trust

Mallick Mechanical Contractors, Inc. Profit Sharing Plan & Trust is a Profit Sharing retirement plan sponsored by Mallick Mechcanical Contractors, Inc., headquartered in Maryland. As of the 2023 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 177 participants across the Mining & Oil Extraction industry. The sponsor's EIN on file with the U.S. Department of Labor is 521964567, and the plan has been effective since 1997-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $7M at the beginning of 2023 to $9M at year-end - a gain of 24.6%. Net assets (after liabilities) closed the year at $9M, with reported net income of $2M 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)$7M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$2M
Plan TypeProfit Sharing
Employer EIN521964567
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mallick Mechcanical Contractors, Inc.)

Year Plans Participants Total Assets
2022 1 166 $7M
2023 1 177 $9M
2024 1 121 $9M

Nearby Profit Sharing Plans in Maryland

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the Mallick Mechanical Contractors, Inc. Profit Sharing Plan & Trust?
As of the 2023 Form 5500 filing, Mallick Mechanical Contractors, Inc. Profit Sharing Plan & Trust holds $9M in total assets with 177 participants. It is sponsored by Mallick Mechcanical Contractors, Inc..
What type of plan is Mallick Mechanical Contractors, Inc. Profit Sharing Plan & Trust?
Mallick Mechanical Contractors, Inc. Profit Sharing Plan & Trust is a Profit Sharing plan. It has been effective since 1997-01-01. The plan is filed with the U.S. Department of Labor under EIN 521964567.
Who sponsors the Mallick Mechanical Contractors, Inc. Profit Sharing Plan & Trust?
Mallick Mechanical Contractors, Inc. Profit Sharing Plan & Trust is sponsored by Mallick Mechcanical Contractors, Inc., located in Maryland. The sponsor's EIN is 521964567 and the plan operates in the Mining & Oil Extraction industry.
How did Mallick Mechanical Contractors, Inc. Profit Sharing Plan & Trust perform in 2023?
Mallick Mechanical Contractors, Inc. Profit Sharing Plan & Trust grew by 24.6% during 2023, moving from $7M to $9M in total assets. Net income was $2M.
Where can I find official filings for Mallick Mechanical Contractors, Inc. Profit Sharing Plan & Trust?
Official Form 5500 filings for Mallick Mechanical Contractors, Inc. Profit Sharing Plan & Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 521964567 or plan name at efast.dol.gov.
How does Mallick Mechanical Contractors, Inc. Profit Sharing Plan & Trust compare to other plans?
You can compare Mallick Mechanical Contractors, Inc. Profit Sharing Plan & Trust against other Profit Sharing plans on the plan type page, or view plans in Maryland 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 521964567.

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.