2023 Form 5500 filing — Motorambar, Inc. Coda 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 20241010100443NAL0020795553001) for Motorambar, Inc. Coda Profit Sharing Plan, reported by Motorambar, Inc. under EIN 66-0418282 and plan number 001. It reports 214 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$7.1MReported net assets$7,139,776
Participants214
Provider compensation$26.9K3 Schedule C row(s)$26,909
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241010100443NAL0020795553001
- Plan sponsor
- Motorambar, Inc.
- EIN
- 66-0418282
- Plan number
- 001
- Location
- San Juan, PR
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$7.2M total assets
Net assets$7.1MLiabilities$21.3K
Full reported line items
- Total assets (EOY)
- $7,161,058
- Total liabilities (EOY)
- $21,282
- Net assets (EOY)
- $7,139,776
- Employer contributions
- $142,925
- Participant contributions
- $550,792
- Total income / additions
- $1,665,369
- Benefits paid
- $199,533
- Administrative expenses
- $27,648
- Total expenses
- $254,751
- Net increase / (decrease)
- $1,410,618
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Oriental Bank & Trust | TRUSTEE | $14,588 | $6,033 |
| Empower Advisory Group, LLC | INVESTMENT MGT | $6,288 | not reported in the loaded dataset |
| Empower Annuity Ins. Co. Of America | RECORDKEEPER | $0 | $0 |