Motion Technology Inc. 401(K) Plan — Form 5500 plan (Motion Technology Inc)
Plain-English plan 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, Motion Technology Inc. 401(K) Plan is a benefit plan reported by Motion Technology Inc under EIN 04-3102526 and plan number 001. The latest loaded filing year is 2023. The filing reports 25 participants and $1,944,696 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Motion Technology Inc
- EIN
- 04-3102526
- Plan number
- 001
- Plan type
- 2
- Location
- Hudson, MA
- Latest filing year
- 2023
- Participants
- 25
- End-of-year plan assets
- $1,944,696
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 25 | I | 20240823132153NAL0013239346001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $1,944,696
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,944,696
- Net assets (BOY)
- $1,669,734
Income & contributions
- Employer contributions
- $39,511
- Participant contributions
- $157,514
- Total income / additions
- $532,474
Expenses & distributions
- Benefits paid
- $254,993
- Administrative expenses
- $716
- Total expenses
- $257,512
- Net increase / (decrease)
- $274,962
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.