2023 Form 5500 filing — Mortgage 1 Inc. 401(K) P/S 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 20241015072512NAL0014191875001) for Mortgage 1 Inc. 401(K) P/S Plan, reported by Mortgage 1 Inc. under EIN 38-3133176 and plan number 001. It reports 331 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015072512NAL0014191875001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mortgage 1 Inc.
- EIN
- 38-3133176
- Plan number
- 001
- Location
- Sterling Heights, MI
- Participants
- 331
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,844,828
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,844,828
- Participant contributions
- $1,274,699
- Total income / additions
- $4,247,364
- Benefits paid
- $1,910,587
- Administrative expenses
- $75,849
- Total expenses
- $2,052,748
- Net increase / (decrease)
- $2,194,616
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ameriprise Financial | INVESTMENT/FINANCIAL ADVI | $41,149 | $0 |
| Adp, Inc. | RECORD KEEPER | $34,700 | $0 |