2023 Form 5500 filing — Momentum Textiles, LLC 401(K) 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 20241014185427NAL0013759667001) for Momentum Textiles, LLC 401(K) Plan, reported by Momentum Textiles, LLC under EIN 33-0580411 and plan number 001. It reports 290 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014185427NAL0013759667001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Momentum Textiles, LLC
- EIN
- 33-0580411
- Plan number
- 001
- Location
- Irvine, CA
- Participants
- 290
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $44,909,115
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $44,909,115
- Employer contributions
- $784,809
- Participant contributions
- $2,060,899
- Total income / additions
- $8,840,270
- Benefits paid
- $2,219,063
- Administrative expenses
- $141,369
- Total expenses
- $2,360,432
- Net increase / (decrease)
- $6,479,838
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock | RECORDKEEPER | $73,369 | not reported in the loaded dataset |
| Pension Benefits Unlimited, Inc. | TPA | $26,000 | not reported in the loaded dataset |
| Resources Investment Advisors, LLC | INVESTMENT ADVISOR | $15,000 | not reported in the loaded dataset |
| One Digital | INVESTMENT ADVISOR | $15,000 | not reported in the loaded dataset |
| Windes | AUDITOR | $12,000 | not reported in the loaded dataset |