Momentum Agencies 403b Plan — Form 5500 plan (Momentum Agencies)

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 Agencies 403b Plan is a benefit plan reported by Momentum Agencies under EIN 95-1648203 and plan number 002. The latest loaded filing year is 2023. The filing reports 932 participants and $9,612,139 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$9.6MPlan net assets, end of year$9,608,202
Participants932Covered participants reported
Assets / participant$10.3KComputed: assets ÷ participants$10,313 (computed)
Provider compensation$24.5K2 Schedule C provider row(s)$24,537
Plan sponsor
Momentum Agencies
EIN
95-1648203
Plan number
002
Plan type
3
Location
Chatsworth, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023932H, C20250411141451NAL0012674611001
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)$9.6M total assets
Net assets$9.6MLiabilities$3.9K
Money in vs. money out
Total income / additions$1.7M
Total expenses$543.7K
Benefits paid / distributions$529.5K
Contributions
Employer$155.9K
Participant$612.6K
Full reported line items

Net assets

Total assets (EOY)
$9,612,139
Total liabilities (EOY)
$3,937
Net assets (EOY)
$9,608,202
Net assets (BOY)
$8,453,121

Income & contributions

Employer contributions
$155,868
Participant contributions
$612,561
Total contributions
$774,952
Total income / additions
$1,698,758

Expenses & distributions

Benefits paid
$529,526
Administrative expenses
$10,214
Total expenses
$543,677
Net increase / (decrease)
$1,155,081
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 20%Participant 80%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income31%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Nfp RetirementFINANCIAL ADVISOR$0$20,5602023
American United Life Insurance CoSERVICE PROVIDER$960$3,0172023

Related Form 5500 pages