401k Plan data: MPM 401(K) PLAN plan

MPM 401(K) PLAN 401k Plan overview

Plan Name	MPM 401(K) PLAN
Plan identification number	003

MPM 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan covering Self-Employed individuals.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

MPM ASSET MANAGEMENT LLC has sponsored the creation of one or more 401k plans.

Company Name: MPM ASSET MANAGEMENT LLC

Employer identification number (EIN): 043351032

NAIC Classification: 525990
NAIC Description: Other Financial Vehicles

Additional information about MPM ASSET MANAGEMENT LLC

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 2715906

More information about MPM ASSET MANAGEMENT LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MPM 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2022-01-01
003 2021-01-01
003 2020-01-01 KRISTEN LAGUERRE 2021-10-14
003 2019-01-01 KRISTEN LAGUERRE 2020-08-29
003 2018-01-01 KRISTEN LAGUERRE 2019-10-09
003 2017-01-01 LAUREN CAULEY 2018-10-15
003 2016-01-01 LAUREN CAULEY 2017-09-14
003 2015-01-01 LAUREN CAULEY 2016-10-03
003 2014-01-01 LAUREN CAULEY 2015-09-24
003 2013-01-01 LAUREN CAULEY 2014-10-07
003 2012-01-01 LAUREN FIORE 2013-06-07
003 2011-01-01 LAUREN FIORE 2012-06-12
003 2010-01-01 LAUREN FIORE 2011-06-17
003 2009-01-01 TODD J. LINK, CFO 2010-07-14
003 2009-01-01 TODD J. LINK, CFO 2010-07-14
003 2009-01-01 LAUREN FIORE LAUREN FIORE 2010-07-14
003 2009-01-01 LAUREN FIORE 2010-07-14
003 2009-01-01 LAUREN FIORE 2010-07-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
003	2022-01-01
003	2021-01-01
003	2020-01-01	KRISTEN LAGUERRE	2021-10-14
003	2019-01-01	KRISTEN LAGUERRE	2020-08-29
003	2018-01-01	KRISTEN LAGUERRE	2019-10-09
003	2017-01-01	LAUREN CAULEY	2018-10-15
003	2016-01-01	LAUREN CAULEY	2017-09-14
003	2015-01-01	LAUREN CAULEY	2016-10-03
003	2014-01-01	LAUREN CAULEY	2015-09-24
003	2013-01-01	LAUREN CAULEY	2014-10-07
003	2012-01-01	LAUREN FIORE	2013-06-07
003	2011-01-01	LAUREN FIORE	2012-06-12
003	2010-01-01	LAUREN FIORE	2011-06-17
003	2009-01-01			TODD J. LINK, CFO	2010-07-14
003	2009-01-01			TODD J. LINK, CFO	2010-07-14
003	2009-01-01	LAUREN FIORE		LAUREN FIORE	2010-07-14
003	2009-01-01			LAUREN FIORE	2010-07-14
003	2009-01-01			LAUREN FIORE	2010-07-14

Plan Statistics for MPM 401(K) PLAN

401k plan membership statisitcs for MPM 401(K) PLAN

Measure Date Value
2022: MPM 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 56
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 37
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 24
Total of all active and inactive participants 2022-01-01 61
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 61
Number of participants with account balances 2022-01-01 57
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 4
2021: MPM 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 47
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 35
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 21
Total of all active and inactive participants 2021-01-01 56
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 56
Number of participants with account balances 2021-01-01 50
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 2
2009: MPM 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 44
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 38
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 4
Total of all active and inactive participants 2009-01-01 42
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 42
Number of participants with account balances 2009-01-01 40
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 3

Measure	Date	Value
2022: MPM 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	56
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	37
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	24
Total of all active and inactive participants	2022-01-01	61
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	61
Number of participants with account balances	2022-01-01	57
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	4
2021: MPM 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	47
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	35
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	21
Total of all active and inactive participants	2021-01-01	56
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	56
Number of participants with account balances	2021-01-01	50
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	2
2009: MPM 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	44
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	38
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	4
Total of all active and inactive participants	2009-01-01	42
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	42
Number of participants with account balances	2009-01-01	40
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	3

Financial Data on MPM 401(K) PLAN

Measure	Date	Value
2022 : MPM 401(K) PLAN 2022 401k financial data
Transfers to/from the plan	2022-12-31	$0
Total plan liabilities at end of year	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$-1,506,167
Expenses. Total of all expenses incurred	2022-12-31	$181,847
Benefits paid (including direct rollovers)	2022-12-31	$165,357
Total plan assets at end of year	2022-12-31	$9,968,197
Total plan assets at beginning of year	2022-12-31	$11,656,211
Value of fidelity bond covering the plan	2022-12-31	$1,000,000
Total contributions received or receivable from participants	2022-12-31	$672,429
Expenses. Other expenses not covered elsewhere	2022-12-31	$0
Contributions received from other sources (not participants or employers)	2022-12-31	$0
Other income received	2022-12-31	$-2,289,817
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$-1,688,014
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$9,968,197
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$11,656,211
Total contributions received or receivable from employer(s)	2022-12-31	$111,221
Value of certain deemed distributions of participant loans	2022-12-31	$0
Value of corrective distributions	2022-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$16,490
2021 : MPM 401(K) PLAN 2021 401k financial data
Transfers to/from the plan	2021-12-31	$0
Total plan liabilities at end of year	2021-12-31	$0
Total plan liabilities at beginning of year	2021-12-31	$0
Total income from all sources	2021-12-31	$1,928,517
Expenses. Total of all expenses incurred	2021-12-31	$736,186
Benefits paid (including direct rollovers)	2021-12-31	$723,993
Total plan assets at end of year	2021-12-31	$11,656,211
Total plan assets at beginning of year	2021-12-31	$10,463,880
Value of fidelity bond covering the plan	2021-12-31	$1,000,000
Total contributions received or receivable from participants	2021-12-31	$484,283
Expenses. Other expenses not covered elsewhere	2021-12-31	$0
Contributions received from other sources (not participants or employers)	2021-12-31	$30,230
Other income received	2021-12-31	$1,309,015
Noncash contributions received	2021-12-31	$0
Net income (gross income less expenses)	2021-12-31	$1,192,331
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$11,656,211
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$10,463,880
Total contributions received or receivable from employer(s)	2021-12-31	$104,989
Value of certain deemed distributions of participant loans	2021-12-31	$0
Value of corrective distributions	2021-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$12,193
2009 : MPM 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for MPM 401(K) PLAN

2022: MPM 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: MPM 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2009: MPM 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	MPM ASSET MANAGEMENT LLC
Employer identification number (EIN):	043351032
NAIC Classification:	525990
NAIC Description:	Other Financial Vehicles

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	2715906