Motor Werks 401(K) Plan — Form 5500 plan (Murgado Motor Werks 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, Motor Werks 401(K) Plan is a benefit plan reported by Murgado Motor Werks LLC under EIN 92-1197270 and plan number 001. The latest loaded filing year is 2023. The filing reports 391 participants and $14,943,285 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Murgado Motor Werks LLC
- EIN
- 92-1197270
- Plan number
- 001
- Plan type
- 2
- Location
- Barrington, IL
- Latest filing year
- 2023
- Participants
- 391
- End-of-year plan assets
- $14,943,285
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 391 | H, C | 20241202130357NAL0001586257001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,943,285
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,943,285
- Net assets (BOY)
- $12,410,036
Income & contributions
- Participant contributions
- $2,012,839
- Total contributions
- $2,078,816
- Total income / additions
- $4,045,616
Expenses & distributions
- Benefits paid
- $1,501,624
- Administrative expenses
- $9,872
- Total expenses
- $1,512,367
- Net increase / (decrease)
- $2,533,249
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Hightower Securities LLC | OTHER SERVICES | $0 | $14,339 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $9,872 | $0 | 2023 |