401(k) · DOL Form 5500 · 2023

Motion Technology Inc 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
19
Participants Small participant base
30th
Percentile by assets National rank
$102,352
Avg per participant Below avg balance/head
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Official DOL plan name: Motion Technology Inc. 401(k) Plan · Sponsored by Motion Technology Inc · Massachusetts · Manufacturing

$2M in assets, 19 participants

Motion Technology Inc's Motion Technology Inc. 401(k) Plan reported $2M in total assets and 19 participants in its 2023 DOL Form 5500 filing, ranking in the 30th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,755 in Manufacturing (18,722 peers)

Motion Technology Inc multi-year trail

Motion Technology Inc's plans moved +45.9% in assets from 2022 to 2024; this filing shows Motion Technology Inc. 401(k) Plan at $2M / 19 participants.

#2,755
in Manufacturing (18,722 peers)
+16.5%
assets growth YoY

Motion Technology Inc. 401(k) Plan among the smaller filed plans by assets

Motion Technology Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,944,696 30th percentile higher than 30% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Motion Technology Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Motion Technology Inc. 401(k) Plan is a small filing (19 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Motion Technology Inc. 401(k) Plan reported net income rose from -$394K in the plan year 2022 filing to $275K in the plan year 2023 filing.
  • Motion Technology Inc. 401(k) Plan end-of-year assets rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Motion Technology Inc. 401(k) Plan reported participants fell from 21 in the plan year 2022 filing to 19 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 043102526 · Motion Technology Inc PY 2023 · 401(k)

Motion Technology Inc. 401(k) Plan · $2M · 19 · 30th

  • TYPE $2M
  • TYPE 19
  • TYPE 30th
  • TYPE 401(k)
  • TYPE near Joy Holdings 401(k) Plan
  • TYPE ind #2755

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Massachusetts →

Motion Technology Inc. 401(k) Plan in the asset neighbourhood

Motion Technology Inc. 401(k) PlanMotion Technology Inc. 401(k…$2MJoy Holdings 401(k) Plan$2MSurgenex LLC 401(k) Profit Sharing Plan & TrustSurgenex LLC 401(k) Profit S…$2MMcdonnell Adels & Klestzick, PLLC 401(k) Profit Sharing PlanMcdonnell Adels & Klestzick,…$2MMark of Excellence Pizza Company 401(k) PlanMark of Excellence Pizza Com…$2M
End-of-year total assets ($M) among Motion Technology Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Motion Technology Inc multi-year asset trail

Sponsor-wide plan assets over time

All Motion Technology Inc plans reported in each filing year

Latest sponsor-wide plan assets
$2M 45.92438076963157% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M 202220232024 $1.67M $2.44M ▲ +46.1%
Year Plans Participants Total Assets
2022 1 21 $2M
2023 1 19 $2M
2024 1 20 $2M

Motion Technology Inc filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$275K
Employer EIN043102526
Plan Effective Date2002-03-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Motion Technology Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Motion Technology Inc. 401(k) Plan, Total assets ($B): 0.001944696 · Participants: 19Motion Technology Inc. 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Motion Technology Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Motion Technology Inc. 401(k) Plan side-by-side with 3 peers →

Motion Technology Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Joy Holdings 401(k) Plan in TX ($2M); by covered participants it is Williams, Robinson Et Al 401(k) Plan & Trust in MO (19 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (19 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Motion Technology Inc. 401(k) Plan assets move in 2023? ▼
Motion Technology Inc. 401(k) Plan grew sharply - up 16.5% during 2023, from $2M to $2M. Reported net income was $275K.
How have Motion Technology Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Motion Technology Inc's sponsor-wide assets grew 45.9%, from $2M to $2M.
Which 401(k) plans are similar in size to Motion Technology Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Joy Holdings 401(k) Plan in TX ($2M, 90 participants).
Which 401(k) plans cover a similar participant headcount to Motion Technology Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Williams, Robinson Et Al 401(k) Plan & Trust in MO (19 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 043102526.

Read our methodology - how this data is sourced, computed, and verified.

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