Linear Motion Union 401(K) Plan — Form 5500 plan (Linear Motion LLC)
Plain-English plan 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, Linear Motion Union 401(K) Plan is a benefit plan reported by Linear Motion LLC under EIN 05-0530446 and plan number 002. The latest loaded filing year is 2023. The filing reports 121 participants and $7,835,154 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Linear Motion LLC
- EIN
- 05-0530446
- Plan number
- 002
- Plan type
- 2
- Location
- Saginaw, MI
- Latest filing year
- 2023
- Participants
- 121
- End-of-year plan assets
- $7,835,154
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 121 | H, C | 20241030193640NAL0000602851001 |
| 2023 | 117 | H, C | 20241030193710NAL0000603107001 |
| 2023 | 116 | H, C | 20241030193740NAL0002218226001 |
| 2023 | 133 | H, C | 20241030193940NAL0000604819001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,835,154
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,835,154
- Net assets (BOY)
- $6,231,900
Income & contributions
- Employer contributions
- $263,821
- Participant contributions
- $441,830
- Total contributions
- $750,158
- Total income / additions
- $1,855,442
Expenses & distributions
- Benefits paid
- $246,329
- Administrative expenses
- $5,859
- Total expenses
- $252,188
- Net increase / (decrease)
- $1,603,254
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ascensus LLC | PLAN RECORDKEEPER | $6,179 | $118 | 2023 |
| Hunnex & Shoemaker | THIRD PARTY ADMINISTRATOR | $1,750 | not reported in the loaded dataset | 2023 |