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, Motco, Inc. 401(K) & Profit Sharing Plan is a benefit plan reported by Motco, Inc. And Subsidiaries under EIN 59-1627018 and plan number 002. The latest loaded filing year is 2023. The filing reports 234 participants and $21,422,660 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,422,660
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,422,660
- Net assets (BOY)
- $18,254,773
Income & contributions
- Employer contributions
- $509,884
- Participant contributions
- $1,095,813
- Total contributions
- $1,616,020
- Total income / additions
- $4,202,277
Expenses & distributions
- Benefits paid
- $1,006,490
- Administrative expenses
- $26,533
- Total expenses
- $1,034,390
- Net increase / (decrease)
- $3,167,887