Plan Snapshot
- Plan Sponsor: Motive Energy, INC
- Sponsor EIN: 954025490
- Sponsor Address: 125 E. COMMERCIAL STREET, ANAHEIM, CA, 92801
- Plan Type: 401(k)
- Total Participants: 845
- Total Assets: $33.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 845 | $33.2M | $1.4M | $4.7M |
| 2022 | 841 | $24.7M | $1.3M | $3.9M |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | NONE | $205,586 | — | $205,586 |
| MIRACLE MILE ADVISORS | NONE | $75,788 | — | $75,788 |
| BEACH FREEMAN LIM AND CLELAND, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $281,374
- Estimated Expense Ratio: 0.847% 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 |
|---|---|---|---|---|---|
| 2023 | $140,687 | $37,894 | $102,793 | — | — |
| 2022 | $114,642 | $31,980 | $82,662 | — | — |