Mortgage 1 Inc. 401(K) P/S Plan — Form 5500 plan (Mortgage 1 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, Mortgage 1 Inc. 401(K) P/S Plan is a benefit plan reported by Mortgage 1 Inc. under EIN 38-3133176 and plan number 001. The latest loaded filing year is 2023. The filing reports 331 participants and $16,844,828 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mortgage 1 Inc.
- EIN
- 38-3133176
- Plan number
- 001
- Plan type
- 2
- Location
- Sterling Heights, MI
- Latest filing year
- 2023
- Participants
- 331
- End-of-year plan assets
- $16,844,828
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 331 | H, C | 20241015072512NAL0014191875001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,844,828
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,844,828
- Net assets (BOY)
- $14,650,212
Income & contributions
- Participant contributions
- $1,274,699
- Total contributions
- $1,802,897
- Total income / additions
- $4,247,364
Expenses & distributions
- Benefits paid
- $1,910,587
- Administrative expenses
- $75,849
- Total expenses
- $2,052,748
- Net increase / (decrease)
- $2,194,616
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ameriprise Financial | INVESTMENT/FINANCIAL ADVI | $41,149 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $34,700 | $0 | 2023 |