401(k)
2022 plan-year 401(k) DOL Form 5500

MPEC 401(K) PLAN 401(K) PROFIT SHARING PLAN & TRUST

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

MOTOR PARTS AND EQUIPMENT CORP

This 401(k) plan holds $9M in total assets and serves 592 participants as of 2022. It is sponsored by MOTOR PARTS AND EQUIPMENT CORP in Illinois. The plan reported a net loss of $2M for the year.

Total Assets (2023)
$9M
Participants
592
State
Industry
Retail Trade

What the Filing Says About MPEC 401(K) PLAN 401(K) PROFIT SHARING PLAN & TRUST

MPEC 401(K) PLAN 401(K) PROFIT SHARING PLAN & TRUST is a 401(k) retirement plan sponsored by MOTOR PARTS AND EQUIPMENT CORP, headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 592 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 361508055, and the plan has been effective since 1993-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $11M at the beginning of 2022 to $9M at year-end — a decline of 17.4%. Net assets (after liabilities) closed the year at $9M, with reported net income of $-1,875,267 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)$11M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$-1,875,267
Plan Type401(k)
Employer EIN361508055
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (MOTOR PARTS AND EQUIPMENT CORP)

Year Plans Participants Total Assets
2022 1 592 $9M
2023 1 1,066 $12M
2024 2 2,731 $13M

Nearby 401(k) Plans in Illinois

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Frequently Asked Questions

How much money is in the MPEC 401(K) PLAN 401(K) PROFIT SHARING PLAN & TRUST?
As of the 2022 Form 5500 filing, MPEC 401(K) PLAN 401(K) PROFIT SHARING PLAN & TRUST holds $9M in total assets with 592 participants. It is sponsored by MOTOR PARTS AND EQUIPMENT CORP.
What type of plan is MPEC 401(K) PLAN 401(K) PROFIT SHARING PLAN & TRUST?
MPEC 401(K) PLAN 401(K) PROFIT SHARING PLAN & TRUST is a 401(k) plan. It has been effective since 1993-01-01. The plan is filed with the U.S. Department of Labor under EIN 361508055.
Who sponsors the MPEC 401(K) PLAN 401(K) PROFIT SHARING PLAN & TRUST?
MPEC 401(K) PLAN 401(K) PROFIT SHARING PLAN & TRUST is sponsored by MOTOR PARTS AND EQUIPMENT CORP, located in Illinois. The sponsor's EIN is 361508055 and the plan operates in the Retail Trade industry.
How did MPEC 401(K) PLAN 401(K) PROFIT SHARING PLAN & TRUST perform in 2022?
MPEC 401(K) PLAN 401(K) PROFIT SHARING PLAN & TRUST declined by 17.4% during 2022, moving from $11M to $9M in total assets. Net income was $-1,875,267.
Where can I find official filings for MPEC 401(K) PLAN 401(K) PROFIT SHARING PLAN & TRUST?
Official Form 5500 filings for MPEC 401(K) PLAN 401(K) PROFIT SHARING PLAN & TRUST are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 361508055 or plan name at efast.dol.gov.
How does MPEC 401(K) PLAN 401(K) PROFIT SHARING PLAN & TRUST compare to other plans?
You can compare MPEC 401(K) PLAN 401(K) PROFIT SHARING PLAN & TRUST against other 401(k) plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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 361508055.

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 official public datasets. See our methodology for details.