Millennium Software 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Millennium Software)
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, Millennium Software 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Millennium Software under EIN 38-3316472 and plan number 001. The latest loaded filing year is 2023. The filing reports 530 participants and $11,140,008 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Millennium Software
- EIN
- 38-3316472
- Plan number
- 001
- Plan type
- 2
- Location
- Southfield, MI
- Latest filing year
- 2023
- Participants
- 530
- End-of-year plan assets
- $11,140,008
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 530 | H, C | 20240909154703NAL0010818418001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,140,008
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,140,008
- Net assets (BOY)
- $9,908,508
Income & contributions
- Participant contributions
- $1,230,649
- Total contributions
- $1,236,728
- Total income / additions
- $2,983,165
Expenses & distributions
- Benefits paid
- $1,703,299
- Administrative expenses
- $48,366
- Total expenses
- $1,751,665
- Net increase / (decrease)
- $1,231,500
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sentinel Benefits Group, Inc. | TPA | $39,670 | not reported in the loaded dataset | 2023 |
| Charles Schwab Trust Company | CUSTODIAN | $5,196 | not reported in the loaded dataset | 2023 |