2023 Form 5500 filing — Clearmotion, Inc. 401(K) 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 20240930143609NAL0011377554001) for Clearmotion, Inc. 401(K) Plan, reported by Clearmotion, Inc. under EIN 26-2765175 and plan number 001. It reports 162 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$10.2MReported net assets$10,230,686
Participants162
Provider compensation$33.6K1 Schedule C row(s)$33,583
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240930143609NAL0011377554001
- Plan sponsor
- Clearmotion, Inc.
- EIN
- 26-2765175
- Plan number
- 001
- Location
- Billerica, MA
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$10.2M total assets
Net assets$10.2MLiabilities$0
Full reported line items
- Total assets (EOY)
- $10,230,686
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,230,686
- Employer contributions
- $134,143
- Participant contributions
- $712,626
- Total income / additions
- $2,334,266
- Benefits paid
- $1,139,005
- Administrative expenses
- $33,583
- Total expenses
- $1,172,588
- Net increase / (decrease)
- $1,161,678
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Betterment For Business, LLC | RECORDKEEPER | $33,583 | not reported in the loaded dataset |