Plan5500

Clearmotion, Inc. 401(K) Plan — Form 5500 plan (Clearmotion, 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, Clearmotion, Inc. 401(K) Plan is a benefit plan reported by Clearmotion, Inc. under EIN 26-2765175 and plan number 001. The latest loaded filing year is 2023. The filing reports 162 participants and $10,230,686 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Clearmotion, Inc.
EIN
26-2765175
Plan number
001
Plan type
2
Location
Billerica, MA
Latest filing year
2023
Participants
162
End-of-year plan assets
$10,230,686

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023162H, C20240930143609NAL0011377554001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,230,686
Total liabilities (EOY)
$0
Net assets (EOY)
$10,230,686
Net assets (BOY)
$9,069,008

Income & contributions

Employer contributions
$134,143
Participant contributions
$712,626
Total contributions
$846,769
Total income / additions
$2,334,266

Expenses & distributions

Benefits paid
$1,139,005
Administrative expenses
$33,583
Total expenses
$1,172,588
Net increase / (decrease)
$1,161,678

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Betterment For Business, LLCRECORDKEEPER$33,583not reported in the loaded dataset2023

Related Form 5500 pages