Momentum Technologies, Inc. Pension Plan — Form 5500 plan (Momentumone, LLC)
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 Technologies, Inc. Pension Plan is a benefit plan reported by Momentumone, LLC under EIN 87-4006582 and plan number 001. The latest loaded filing year is 2023. The filing reports 729 participants and $5,660,434 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Momentumone, LLC
- EIN
- 87-4006582
- Plan number
- 001
- Plan type
- 2
- Location
- Cranford, NJ
- Latest filing year
- 2023
- Participants
- 729
- End-of-year plan assets
- $5,660,434
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 729 | H, C | 20250113080250NAL0017990225001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,660,434
- Total liabilities (EOY)
- $23,498
- Net assets (EOY)
- $5,636,936
- Net assets (BOY)
- $6,164,490
Income & contributions
- Employer contributions
- $527,583
- Total contributions
- $527,583
- Total income / additions
- $942,741
Expenses & distributions
- Benefits paid
- $956,055
- Administrative expenses
- $514,240
- Total expenses
- $1,470,295
- Net increase / (decrease)
- -$527,554
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Aon Consulting | NONE | $126,170 | not reported in the loaded dataset | 2023 |
| Axiom Investment Management | NONE | $54,514 | $0 | 2023 |
| Bank Of New York Mellon | NONE | $30,242 | not reported in the loaded dataset | 2023 |
| Hilltop Securities Inc. | NONE | $18,362 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Momentumone, LLC
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Cranford, NJ
- Aon Consulting — Schedule C compensation
- Axiom Investment Management — Schedule C compensation
- Bank Of New York Mellon — Schedule C compensation
- Hilltop Securities Inc. — Schedule C compensation