2023 Form 5500 filing — Motor Technology, Inc. Employee Benefit Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240619095449NAL0002354483001) for Motor Technology, Inc. Employee Benefit Plan, reported by Motor Technology, Inc. under EIN 23-2152245 and plan number 501. It reports 71 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$371.7KReported net assets$371,675
Participants71
Provider compensation$65.9K4 Schedule C row(s)$65,860
Schedules filedSchedule I, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240619095449NAL0002354483001
- Plan sponsor
- Motor Technology, Inc.
- EIN
- 23-2152245
- Plan number
- 501
- Location
- York, PA
- Received date
- not reported in the loaded dataset
Schedule I · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$435.3K total assets
Net assets$371.7KLiabilities$63.6K
Full reported line items
- Total assets (EOY)
- $435,307
- Total liabilities (EOY)
- $63,632
- Net assets (EOY)
- $371,675
- Employer contributions
- $894,078
- Participant contributions
- $138,249
- Total income / additions
- $1,040,071
- Benefits paid
- $488,150
- Administrative expenses
- $14,410
- Total expenses
- $861,259
- Net increase / (decrease)
- $178,812
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Engle Hambright & Davies, Inc. | BROKER | $31,031 | not reported in the loaded dataset |
| The Benecon Group, LLC | BROKER | $15,925 | not reported in the loaded dataset |
| Highmark Blue Shield (Central) | ADMIN | $14,410 | not reported in the loaded dataset |
| Connectcare3 | PATIENT ADVOCATE | $4,494 | not reported in the loaded dataset |