Mott Corporation 401(K) Plan — Form 5500 plan (Mott Corporation)

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, Mott Corporation 401(K) Plan is a benefit plan reported by Mott Corporation under EIN 06-0741455 and plan number 001. The latest loaded filing year is 2023. The filing reports 347 participants and $33,570,538 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$33.6MPlan net assets, end of year$33,570,538
Participants347Covered participants reported
Assets / participant$96.7KComputed: assets ÷ participants$96,745 (computed)
Provider compensation$120.9K3 Schedule C provider row(s)$120,901
Plan sponsor
Mott Corporation
EIN
06-0741455
Plan number
001
Plan type
2
Location
Farmington, CT
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023347H, C20241009151826NAL0019517313001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$33.6M total assets
Net assets$33.6MLiabilities$0
Money in vs. money out
Total income / additions$9.3M
Total expenses$6.1M
Benefits paid / distributions$5.8M
Contributions
Employer$670.9K
Participant$2.1M
Full reported line items

Net assets

Total assets (EOY)
$33,570,538
Total liabilities (EOY)
$0
Net assets (EOY)
$33,570,538
Net assets (BOY)
$25,248,764

Income & contributions

Employer contributions
$670,924
Participant contributions
$2,058,038
Total contributions
$5,130,610
Total income / additions
$9,325,761

Expenses & distributions

Benefits paid
$5,785,741
Administrative expenses
$74,327
Total expenses
$6,149,530
Net increase / (decrease)
$3,176,231
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 25%Participant 75%
Total expenses ÷ net assets18%Computed ratio
Benefits paid ÷ total income62%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$74,326$02023
Ubs Financial Services IncINVESTMENT ADVISORY$0$46,5752023
Morningstar Investment Management LINV ADV, PARTICIPANTS$0$02023

Related Form 5500 pages