Plan5500

Motor City Electric Co. — Form 5500 filings & benefit plans

Form 5500 plan sponsor 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, Motor City Electric Co. (EIN 38-1405142) is a plan sponsor located in Detroit, MI with 3 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
38-1405142
Location
Detroit, MI
Loaded plans
3
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for Motor City Electric Co.

  • 3 loaded plans hold $306.2M in reported assets.
  • The largest, Motor City Electric Co. Employee Stock Ownership Plan, holds 84% of this company's reported plan assets.
  • Plans cover 699 reported participants.
  • 2 of 3 plans report full financial statements.
  • 1 report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$296.7MSummed across loaded plans$296,671,323
Total reported assets$306.2M$306,199,000
Total reported participants699
Total reported liabilities$9.5M$9,527,677

Reported net position

Reported assets = net assets + liabilities (summed)$306.2M total assets
Net assets$296.7MLiabilities$9.5M
Contributions & income
Employer contributions$585.4K
Participant contributions$1.9M
Total income / additions$83.3M
Expenses & distributions
Benefits paid / distributions$8.8M
Total expenses$9.1M
Net increase / (decrease)$74.3M

Data coverage

Plans with financial statements2 / 3 (67%)
Plans with provider compensation1 / 3 (33%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets84%Motor City Electric Co. Employee Stock Ownership Plan
Participants per plan233Average across loaded plans
Loaded plans3
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Motor City Electric Co. Employee Stock Ownership Plan$258.1M
    Plan #003 · 214 participants · 2023
  2. 2
    Motor City Electric Co. Retirement Plan$48.1M
    Plan #002 · 336 participants · 2023
  3. 3
    Motor City Electric Co. & Subsidiaries Employee Benefit Plannot reported in the loaded dataset
    Plan #503 · 149 participants · 2023

All loaded plans by assets → · By participants → · With financial statements → · With provider compensation →

EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for Motor City Electric Co.. Open one for its full reported snapshot.

  1. 2023
    Motor City Electric Co. & Subsidiaries Employee Benefit Plan149 participants · 2No schedules
    View filing →
  2. 2023
    Motor City Electric Co. Retirement Plan336 participants · 2Sch HSch C
    View filing →
  3. 2023
    Motor City Electric Co. Employee Stock Ownership Plan214 participants · 2Sch H
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Motor City Electric Co. report on Form 5500?
Motor City Electric Co. (EIN 38-1405142) reports 3 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Motor City Electric Co.?
The Employer Identification Number (EIN) reported for Motor City Electric Co. is 38-1405142.
What is the latest Form 5500 filing year for Motor City Electric Co.?
The latest loaded Form 5500 filing year for Motor City Electric Co. is 2023.

Related Form 5500 pages