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MOTOR CITY BUILDING CO 401(K) PLAN 401k Plan overview

Plan NameMOTOR CITY BUILDING CO 401(K) PLAN
Plan identification number 001

MOTOR CITY BUILDING CO 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • 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

MOTOR CITY BUILDING CO LLC has sponsored the creation of one or more 401k plans.

Company Name:MOTOR CITY BUILDING CO LLC
Employer identification number (EIN):813001471
NAIC Classification:236110

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MOTOR CITY BUILDING CO 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MICHELLE DURHAM2024-07-23
0012022-01-01MICHELLE PARKS2023-07-05
0012021-01-01MICHELLE PARKS2022-09-27
0012021-01-01MICHELLE PARKS2022-09-27
0012020-01-01MICHELLE PARKS2021-08-11
0012019-01-01MICHELLE PARKS2020-07-24
0012018-01-01MICHELLE PARKS2019-09-03

Plan Statistics for MOTOR CITY BUILDING CO 401(K) PLAN

401k plan membership statisitcs for MOTOR CITY BUILDING CO 401(K) PLAN

Measure Date Value
2025: MOTOR CITY BUILDING CO 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-05-205
Total number of particpants at end of year2025-05-205
Number of Participants With Account Balances2025-05-205
2024: MOTOR CITY BUILDING CO 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-235
Total number of particpants at end of year2024-07-235
Number of Participants With Account Balances2024-07-235

Financial Data on MOTOR CITY BUILDING CO 401(K) PLAN

Measure Date Value
2025 : MOTOR CITY BUILDING CO 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-20390
Net assets as of the end of the plan year2025-05-20143779
Total assets as of the beginning of the plan year2025-05-20112482
Value of plan covered by a fidelity bond2025-05-2014000
Participant contributions to plan in this plan year2025-05-2018200
Other income to plan in this plan year2025-05-2013487
Plan net income in this plan year2025-05-2031297
Net assets as of the end of the plan year2025-05-20143779
Net assets as of the beginning of the plan year2025-05-20112482
Fees paid to broker by Benefit Provider2025-05-20681
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-20390
2024 : MOTOR CITY BUILDING CO 401(K) PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-07-230
Total expenses incurred by plan in this plan year2024-07-230
Net assets as of the end of the plan year2024-07-23112482
Total assets as of the beginning of the plan year2024-07-2379615
Value of plan covered by a fidelity bond2024-07-2310000
Participant contributions to plan in this plan year2024-07-2318200
Other income to plan in this plan year2024-07-2314667
Plan net income in this plan year2024-07-2332867
Net assets as of the end of the plan year2024-07-23112482
Net assets as of the beginning of the plan year2024-07-2379615
Fees paid to broker by Benefit Provider2024-07-23518

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