401(k) ยท DOL Form 5500 ยท 2022

Marposs Corporation 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$29M
Total assets
132
Participants
71th
Percentile by assets

Sponsored by Marposs Corporation ยท Michigan ยท Wholesale Trade

What the 2022 filing shows

Marposs Corporation 401(k) Plan holds $29M for 132 participants - about $221,317 per participant, above the median plan by assets, down 25.6% over the 2022 plan year.

$29M
total plan assets (2022 EOY)
132
covered participants
71th
percentile by assets (of 84,055 plans)
$221,317
avg assets per participant

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$29M
Participants
132
State
Industry
Wholesale Trade

What the Filing Says About Marposs Corporation 401(k) Plan

Marposs Corporation 401(k) Plan is a 401(k) retirement plan sponsored by Marposs Corporation, headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $29M in total end-of-year assets and covers 132 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 131980259, and the plan has been effective since 1990-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $39M at the beginning of 2022 to $29M at year-end - a decline of 25.6%. Net assets (after liabilities) closed the year at $29M, with reported net income of $-10,062,234 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$39M
Total Assets (End of Year)$29M
Net Assets (End of Year)$29M
Net Income$-10,062,234
Plan Type401(k)
Employer EIN131980259
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Marposs Corporation)

Year Plans Participants Total Assets
2022 1 132 $29M
2023 1 125 $35M
2024 1 129 $41M

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Frequently Asked Questions

How much money is in the Marposs Corporation 401(k) Plan?
As of the 2022 Form 5500 filing, Marposs Corporation 401(k) Plan holds $29M in total assets with 132 participants. It is sponsored by Marposs Corporation.
What type of plan is Marposs Corporation 401(k) Plan?
Marposs Corporation 401(k) Plan is a 401(k) plan. It has been effective since 1990-01-01. The plan is filed with the U.S. Department of Labor under EIN 131980259.
Who sponsors the Marposs Corporation 401(k) Plan?
Marposs Corporation 401(k) Plan is sponsored by Marposs Corporation, located in Michigan. The sponsor's EIN is 131980259 and the plan operates in the Wholesale Trade industry.
How did Marposs Corporation 401(k) Plan perform in 2022?
Marposs Corporation 401(k) Plan declined by 25.6% during 2022, moving from $39M to $29M in total assets. Net income was $-10,062,234.
Where can I find official filings for Marposs Corporation 401(k) Plan?
Official Form 5500 filings for Marposs Corporation 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 131980259 or plan name at efast.dol.gov.
How does Marposs Corporation 401(k) Plan compare to other plans?
You can compare Marposs Corporation 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 131980259.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.