Plan5500

Motor Technology, Inc. Employee Benefit Plan — Form 5500 plan (Motor 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, Motor Technology, Inc. Employee Benefit Plan is a benefit plan reported by Motor Technology, Inc. under EIN 23-2152245 and plan number 501. The latest loaded filing year is 2023. The filing reports 71 participants and $435,307 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Motor Technology, Inc.
EIN
23-2152245
Plan number
501
Plan type
2
Location
York, PA
Latest filing year
2023
Participants
71
End-of-year plan assets
$435,307

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202371I, C20240619095449NAL0002354483001

Reported financial statement (2023 · Schedule I)

Net assets

Total assets (EOY)
$435,307
Total liabilities (EOY)
$63,632
Net assets (EOY)
$371,675
Net assets (BOY)
$192,863

Income & contributions

Employer contributions
$894,078
Participant contributions
$138,249
Total income / additions
$1,040,071

Expenses & distributions

Benefits paid
$488,150
Administrative expenses
$14,410
Total expenses
$861,259
Net increase / (decrease)
$178,812

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Engle Hambright & Davies, Inc.BROKER$31,031not reported in the loaded dataset2023
The Benecon Group, LLCBROKER$15,925not reported in the loaded dataset2023
Highmark Blue Shield (Central)ADMIN$14,410not reported in the loaded dataset2023
Connectcare3PATIENT ADVOCATE$4,494not reported in the loaded dataset2023

Related Form 5500 pages