Xmotors.Ai Inc. 401k Plan — Form 5500 plan (Xmotors.Ai 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, Xmotors.Ai Inc. 401k Plan is a benefit plan reported by Xmotors.Ai Inc. under EIN 82-3160099 and plan number 001. The latest loaded filing year is 2023. The filing reports 150 participants and $5,762,309 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$5.8MPlan net assets, end of year$5,762,309
Participants150Covered participants reported
Assets / participant$38.4KComputed: assets ÷ participants$38,415 (computed)
Provider compensation$4981 Schedule C provider row(s)
- Plan sponsor
- Xmotors.Ai Inc.
- EIN
- 82-3160099
- Plan number
- 001
- Plan type
- 2
- Location
- Santa Clara, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 150 | H, C | 20241015112533NAL0028190545001 |
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)$5.8M total assets
Net assets$5.8MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $5,762,309
- Net assets (EOY)
- $5,762,309
- Net assets (BOY)
- $3,812,370
Income & contributions
- Employer contributions
- $290,494
- Participant contributions
- $1,230,133
- Total contributions
- $1,520,627
- Total income / additions
- $2,388,489
Expenses & distributions
- Benefits paid
- $420,641
- Administrative expenses
- $15,249
- Total expenses
- $438,550
- Net increase / (decrease)
- $1,949,939
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Life Insurance Company | RECORDKEEPER | $498 | not reported in the loaded dataset | 2023 |