Momentum Manufacturing Group 401(K) Plan — Form 5500 plan (Momentum Manufacturing Group)
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, Momentum Manufacturing Group 401(K) Plan is a benefit plan reported by Momentum Manufacturing Group under EIN 82-3027983 and plan number 001. The latest loaded filing year is 2023. The filing reports 679 participants and $18,996,745 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Momentum Manufacturing Group
- EIN
- 82-3027983
- Plan number
- 001
- Plan type
- 2
- Location
- St. Johnsbury, VT
- Latest filing year
- 2023
- Participants
- 679
- End-of-year plan assets
- $18,996,745
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 679 | H, C | 20250425130203NAL0014567376001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,996,745
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,996,745
- Net assets (BOY)
- $15,264,564
Income & contributions
- Employer contributions
- $264,138
- Participant contributions
- $1,105,064
- Total contributions
- $1,626,382
- Total income / additions
- $4,140,602
Expenses & distributions
- Benefits paid
- $1,486,722
- Administrative expenses
- $74,773
- Total expenses
- $1,580,011
- Net increase / (decrease)
- $2,560,591
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $42,864 | $0 | 2023 |
| Commonwealth Equity Services, Inc. | INVESTMENT/FINANCIAL ADVI | $31,908 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |