401(k)
2024 plan-year 401(k) DOL Form 5500

Momentum Telecom, Inc. 401(k) Plan

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

Sponsored by Momentum Telecom, Inc. · Georgia · Information & Media

What the 2023 filing shows

Momentum Telecom, Inc. 401(k) Plan holds $40M for 478 participants — about $84,336 per participant, up 2.6% over the 2024 plan year.

$40M
total plan assets (2024 EOY)
478
covered participants
$84,336
avg assets per participant
+2.6%
assets growth YoY
Total Assets (2023)
$40M
Participants
478
State
Industry
Information & Media

What the Filing Says About Momentum Telecom, Inc. 401(k) Plan

Momentum Telecom, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Momentum Telecom, Inc., headquartered in Georgia. As of the 2024 Form 5500 filing, the plan reports $40M in total end-of-year assets and covers 478 participants across the Information & Media industry. The sponsor's EIN on file with the U.S. Department of Labor is 631248402, and the plan has been effective since 2001-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $39M at the beginning of 2024 to $40M at year-end — a gain of 2.6%. Net assets (after liabilities) closed the year at $40M, with reported net income of $1M 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)$40M
Net Assets (End of Year)$40M
Net Income$1M
Plan Type401(k)
Employer EIN631248402
Plan Effective Date2001-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Momentum Telecom, Inc.)

Year Plans Participants Total Assets
2022 1 457 $31M
2023 1 453 $39M
2024 1 478 $40M

Nearby 401(k) Plans in Georgia

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

Frequently Asked Questions

How much money is in the Momentum Telecom, Inc. 401(k) Plan?
As of the 2024 Form 5500 filing, Momentum Telecom, Inc. 401(k) Plan holds $40M in total assets with 478 participants. It is sponsored by Momentum Telecom, Inc..
What type of plan is Momentum Telecom, Inc. 401(k) Plan?
Momentum Telecom, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2001-07-01. The plan is filed with the U.S. Department of Labor under EIN 631248402.
Who sponsors the Momentum Telecom, Inc. 401(k) Plan?
Momentum Telecom, Inc. 401(k) Plan is sponsored by Momentum Telecom, Inc., located in Georgia. The sponsor's EIN is 631248402 and the plan operates in the Information & Media industry.
How did Momentum Telecom, Inc. 401(k) Plan perform in 2024?
Momentum Telecom, Inc. 401(k) Plan grew by 2.6% during 2024, moving from $39M to $40M in total assets. Net income was $1M.
Where can I find official filings for Momentum Telecom, Inc. 401(k) Plan?
Official Form 5500 filings for Momentum Telecom, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 631248402 or plan name at efast.dol.gov.
How does Momentum Telecom, Inc. 401(k) Plan compare to other plans?
You can compare Momentum Telecom, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Georgia 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 631248402.

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.