Movate Inc. 401(K) Plan — Form 5500 plan (Movate 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, Movate Inc. 401(K) Plan is a benefit plan reported by Movate Inc. under EIN 91-2006027 and plan number 001. The latest loaded filing year is 2023. The filing reports 662 participants and $4,202,070 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Movate Inc.
- EIN
- 91-2006027
- Plan number
- 001
- Plan type
- 2
- Location
- Plano, TX
- Latest filing year
- 2023
- Participants
- 662
- End-of-year plan assets
- $4,202,070
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 662 | H, C | 20240930132318NAL0003268435001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,202,070
- Total liabilities (EOY)
- $58,072
- Net assets (EOY)
- $4,143,998
- Net assets (BOY)
- $2,985,709
Income & contributions
- Participant contributions
- $999,107
- Total contributions
- $1,108,932
- Total income / additions
- $1,647,056
Expenses & distributions
- Benefits paid
- $408,197
- Administrative expenses
- $80,570
- Total expenses
- $488,767
- Net increase / (decrease)
- $1,158,289
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alerus Financial, N.A. | NONE | $63,637 | $0 | 2023 |
| Wick Capital Partners | NONE | $16,932 | not reported in the loaded dataset | 2023 |