Plan Snapshot
- Plan Sponsor: Motionpoint Corporation
- Sponsor EIN: 651047909
- Sponsor Address: 4661 JOHNSON ROAD, COCONUT CREEK, FL, 33073
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 57
- Total Assets: $36,772
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 57 | $36,772 | $0 | $0 |
| 2024 | 74 | $41,060 | $116,108 | $153,737 |
| 2023 | 72 | $34,658 | $910,358 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE COM | Other Service Provider | $24,995 | — | $24,995 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,995
- Estimated Expense Ratio: 67.973% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | -$76,186 | — | — | — | — |
| 2024 | $246,283 | — | — | — | — |
| 2023 | $984,180 | — | — | — | — |