2023 Form 5500 filing — Motco, Inc. 401(K) & Profit Sharing 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 20241002055909NAL0004616787001) for Motco, Inc. 401(K) & Profit Sharing Plan, reported by Motco, Inc. And Subsidiaries under EIN 59-1627018 and plan number 002. It reports 234 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002055909NAL0004616787001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Motco, Inc. And Subsidiaries
- EIN
- 59-1627018
- Plan number
- 002
- Location
- Doral, FL
- Participants
- 234
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,422,660
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,422,660
- Employer contributions
- $509,884
- Participant contributions
- $1,095,813
- Total income / additions
- $4,202,277
- Benefits paid
- $1,006,490
- Administrative expenses
- $26,533
- Total expenses
- $1,034,390
- Net increase / (decrease)
- $3,167,887
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Greenspring Advisors, LLC | INVESTMENT ADVISOR | $22,036 | $0 |
| Adp, Inc. | RECORD KEEPER | $4,497 | $0 |