Motorambar, Inc. Coda Profit Sharing Plan — Form 5500 plan (Motorambar, 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, Motorambar, Inc. Coda Profit Sharing Plan is a benefit plan reported by Motorambar, Inc. under EIN 66-0418282 and plan number 001. The latest loaded filing year is 2023. The filing reports 214 participants and $7,161,058 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Motorambar, Inc.
EIN
66-0418282
Plan number
001
Plan type
2
Location
San Juan, PR
Latest filing year
2023
Participants
214
End-of-year plan assets
$7,161,058

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023214H, C20241010100443NAL0020795553001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,161,058
Total liabilities (EOY)
$21,282
Net assets (EOY)
$7,139,776
Net assets (BOY)
$5,729,158

Income & contributions

Employer contributions
$142,925
Participant contributions
$550,792
Total contributions
$697,722
Total income / additions
$1,665,369

Expenses & distributions

Benefits paid
$199,533
Administrative expenses
$27,648
Total expenses
$254,751
Net increase / (decrease)
$1,410,618

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Oriental Bank & TrustTRUSTEE$14,588$6,0332023
Empower Advisory Group, LLCINVESTMENT MGT$6,288not reported in the loaded dataset2023
Empower Annuity Ins. Co. Of AmericaRECORDKEEPER$0$02023

Related Form 5500 pages