Motorad Of America 401(K) Plan — Form 5500 plan (Motorad Of America Inc)

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, Motorad Of America 401(K) Plan is a benefit plan reported by Motorad Of America Inc under EIN 26-4407617 and plan number 001. The latest loaded filing year is 2023. The filing reports 198 participants and $4,791,716 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.8MPlan net assets, end of year$4,791,716
Participants198Covered participants reported
Assets / participant$24.2KComputed: assets ÷ participants$24,201 (computed)
Provider compensation$2.6K1 Schedule C provider row(s)$2,630
Plan sponsor
Motorad Of America Inc
EIN
26-4407617
Plan number
001
Plan type
2
Location
Mount Carmel, IL
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    198 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$4.8M total assets
Net assets$4.8MLiabilities$0
Money in vs. money out
Total income / additions$1.8M
Total expenses$517K
Benefits paid / distributions$513.3K
Contributions
Employer$322.6K
Participant$544.9K
Full reported line items

Net assets

Total assets (EOY)
$4,791,716
Total liabilities (EOY)
$0
Net assets (EOY)
$4,791,716
Net assets (BOY)
$3,495,254

Income & contributions

Employer contributions
$322,555
Participant contributions
$544,905
Total contributions
$1,142,671
Total income / additions
$1,813,447

Expenses & distributions

Benefits paid
$513,340
Administrative expenses
$3,645
Total expenses
$516,985
Net increase / (decrease)
$1,296,462
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 37%Participant 63%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income28%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    RECORDKEEPER · Direct $2.6K · Indirect $0

What to inspect next

Frequently asked questions

Who sponsors the Motorad Of America 401(K) Plan?
Motorad Of America 401(K) Plan is reported as sponsored by Motorad Of America Inc (EIN 26-4407617, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Motorad Of America 401(K) Plan?
The latest Form 5500 filing year loaded for Motorad Of America 401(K) Plan is 2023.
How many participants does Motorad Of America 401(K) Plan report?
Motorad Of America 401(K) Plan reports 198 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Motorad Of America 401(K) Plan?
Motorad Of America 401(K) Plan reports $4,791,716 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages