2023 Form 5500 filing — Momentum Technologies, Inc. Pension 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 20250113080250NAL0017990225001) for Momentum Technologies, Inc. Pension Plan, reported by Momentumone, LLC under EIN 87-4006582 and plan number 001. It reports 729 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250113080250NAL0017990225001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Momentumone, LLC
- EIN
- 87-4006582
- Plan number
- 001
- Location
- Cranford, NJ
- Participants
- 729
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,660,434
- Total liabilities (EOY)
- $23,498
- Net assets (EOY)
- $5,636,936
- Employer contributions
- $527,583
- Total income / additions
- $942,741
- Benefits paid
- $956,055
- Administrative expenses
- $514,240
- Total expenses
- $1,470,295
- Net increase / (decrease)
- -$527,554
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Aon Consulting | NONE | $126,170 | not reported in the loaded dataset |
| Axiom Investment Management | NONE | $54,514 | $0 |
| Bank Of New York Mellon | NONE | $30,242 | not reported in the loaded dataset |
| Hilltop Securities Inc. | NONE | $18,362 | not reported in the loaded dataset |