Millennium Wireless Technology, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Millennium Wireless 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, Millennium Wireless Technology, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Millennium Wireless Technology, Inc. under EIN 38-3433902 and plan number 001. The latest loaded filing year is 2023. The filing reports 136 participants and $1,200,494 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.2MPlan net assets, end of year$1,200,494
Participants136Covered participants reported
Assets / participant$8.8KComputed: assets ÷ participants$8,827 (computed)
Provider compensation$19.8K2 Schedule C provider row(s)$19,812
Plan sponsor
Millennium Wireless Technology, Inc.
EIN
38-3433902
Plan number
001
Plan type
2
Location
Troy, MI
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    136 participants · 2Sch HSch C
    View filing →
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)$1.2M total assets
Net assets$1.2MLiabilities$0
Money in vs. money out
Total income / additions$633.3K
Total expenses$140.5K
Benefits paid / distributions$123.4K
Contributions
EmployerNot reported
Participant$375.7K
Full reported line items

Net assets

Total assets (EOY)
$1,200,494
Total liabilities (EOY)
$0
Net assets (EOY)
$1,200,494
Net assets (BOY)
$707,611

Income & contributions

Participant contributions
$375,682
Total contributions
$466,781
Total income / additions
$633,340

Expenses & distributions

Benefits paid
$123,427
Administrative expenses
$17,030
Total expenses
$140,457
Net increase / (decrease)
$492,883
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.

Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income19%Computed ratio
Provider comp. ÷ net assets2%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    CONTRACT ADMINISTRATOR · Direct $14K · Indirect $0
  2. 2
    OTHER SERVICES · Direct $0 · Indirect $5.9K

Related Form 5500 pages