2023 Form 5500 filing — Mp Materials Corp. 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 20251011192036NAL0020495746001) for Mp Materials Corp. 401(K) Plan, reported by Mp Materials Corp. under EIN 84-4465489 and plan number 001. It reports 509 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20251011192036NAL0020495746001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mp Materials Corp.
- EIN
- 84-4465489
- Plan number
- 001
- Location
- Las Vegas, NV
- Participants
- 509
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,738,480
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,738,480
- Employer contributions
- $1,804,479
- Participant contributions
- $3,202,972
- Total income / additions
- $7,422,793
- Benefits paid
- $565,848
- Administrative expenses
- $88,604
- Total expenses
- $654,452
- Net increase / (decrease)
- $6,768,341
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Financial Life Insuran | RECORDKEEPER | $54,998 | $0 |
| Tag Resources, LLC | RECORDKEEPER | $33,002 | $0 |
| Adp, Inc. | RECORD KEEPER | $4,248 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |