Mp Materials Corp. 401(K) Plan — Form 5500 plan (Mp Materials 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, Mp Materials Corp. 401(K) Plan is a benefit plan reported by Mp Materials Corp. under EIN 84-4465489 and plan number 001. The latest loaded filing year is 2023. The filing reports 509 participants and $13,738,480 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mp Materials Corp.
- EIN
- 84-4465489
- Plan number
- 001
- Plan type
- 2
- Location
- Las Vegas, NV
- Latest filing year
- 2023
- Participants
- 509
- End-of-year plan assets
- $13,738,480
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 509 | H, C | 20251011192036NAL0020495746001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,738,480
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,738,480
- Net assets (BOY)
- $6,970,139
Income & contributions
- Employer contributions
- $1,804,479
- Participant contributions
- $3,202,972
- Total contributions
- $5,850,306
- Total income / additions
- $7,422,793
Expenses & distributions
- Benefits paid
- $565,848
- Administrative expenses
- $88,604
- Total expenses
- $654,452
- Net increase / (decrease)
- $6,768,341
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Financial Life Insuran | RECORDKEEPER | $54,998 | $0 | 2023 |
| Tag Resources, LLC | RECORDKEEPER | $33,002 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $4,248 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Mp Materials Corp.
- 2023 Form 5500 filing
- Form 5500 filings in NV
- 401(k) and benefit plan filings in Las Vegas, NV
- Transamerica Financial Life Insuran — Schedule C compensation
- Tag Resources, LLC — Schedule C compensation
- Adp, Inc. — Schedule C compensation
- Adp Broker-Dealer — Schedule C compensation