Momentum Consulting Retirement Plan — Form 5500 plan (Momentum Consulting Corp.)
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, Momentum Consulting Retirement Plan is a benefit plan reported by Momentum Consulting Corp. under EIN 35-2186180 and plan number 001. The latest loaded filing year is 2023. The filing reports 157 participants and $8,437,191 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Momentum Consulting Corp.
- EIN
- 35-2186180
- Plan number
- 001
- Plan type
- 2
- Location
- Miami Lakes, FL
- Latest filing year
- 2023
- Participants
- 157
- End-of-year plan assets
- $8,437,191
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 157 | H, C | 20241014151233NAL0027670625001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,437,191
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,437,191
- Net assets (BOY)
- $7,820,239
Income & contributions
- Employer contributions
- $191,069
- Participant contributions
- $829,086
- Total contributions
- $1,047,371
- Total income / additions
- $2,135,971
Expenses & distributions
- Benefits paid
- $1,482,253
- Administrative expenses
- $36,766
- Total expenses
- $1,519,019
- Net increase / (decrease)
- $616,952
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $34,052 | $0 | 2023 |
| Mml Investors Services LLC | INVESTMENT ADVISORY | $0 | $23,326 | 2023 |