2023 Form 5500 filing — Milestone Technologies, Inc 401(K) Profit Sharing Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241001160552NAL0012902112001) for Milestone Technologies, Inc 401(K) Profit Sharing Plan, reported by Milestone Technologies, Inc under EIN 94-3263696 and plan number 001. It reports 2,720 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001160552NAL0012902112001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Milestone Technologies, Inc
- EIN
- 94-3263696
- Plan number
- 001
- Location
- Fremont, CA
- Participants
- 2,720
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $55,499,992
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $55,499,992
- Employer contributions
- $764,967
- Participant contributions
- $7,983,021
- Total income / additions
- $18,180,537
- Benefits paid
- $6,148,770
- Administrative expenses
- $161,296
- Total expenses
- $6,471,707
- Net increase / (decrease)
- $11,708,830
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $92,146 | $0 |
| Global Retirement Partners LLC | ADVISOR | $50,000 | not reported in the loaded dataset |
| Cliftonlarsonallen Llp | ACCOUNTANT/AUDITOR | $13,650 | not reported in the loaded dataset |
| Vwc Cpas & Business Managers | ACCOUNTANT/AUDITOR | $5,500 | not reported in the loaded dataset |