Marketplace Home Mortgage, Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2017. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Marketplace Home Mortgage, Llc 401(k) Plan Facts (plan year 2017)

Plan name
MARKETPLACE HOME MORTGAGE, LLC 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MARKETPLACE HOME MORTGAGE, LLC
Participants
271 (244 active employees)
Former employees with a balance
17
Plan assets
$11,137,772 at Dec 31, 2017
Average account balance
$59,243 across 188 accounts
Employer contributions
$633,205 in plan year 2017 (27% of all contributions)
Plan year
Jan 1, 2017 – Dec 31, 2017
Plan established
Jan 1, 1997
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2017 (Jan 1, 2017 – Dec 31, 2017), filed Sep 6, 2018. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2017

  • $2.37 million went into the plan in contributions, $633,205 of it from the employer (27%).
  • $522,751 was paid out to participants.
  • Investment and other income added $1.51 million.
  • Administrative expenses were $6,205, about $33 per account.

How the Marketplace Home Mortgage, Llc 401(k) changed, 2012–2017

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2012104$3.56 million—$218,227
2013114$4.74 million$237,765$116,047
2014182$5.55 million$288,959$746,537
2015212$6.37 million$430,572$313,729
2016185$7.79 million$518,251$866,700
2017271$11.1 million$633,205$522,751

Marketplace Home Mortgage, Llc 401(k) Contact Information

Phone
763-235-6321
Mailing address
7380 FRANCE AVE SOUTH, EDINA MN 55435
Plan sponsor
MARKETPLACE HOME MORTGAGE, LLC
Employer identification number (EIN)
41-1842999
Plan number
001

Questions about the Marketplace Home Mortgage, Llc 401(k)

Is the Marketplace Home Mortgage, Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2017, and no later filing was found under this employer's EIN.

Does Marketplace Home Mortgage, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2017 the employer contributed $633,205, 27% of all contributions.

Does the Marketplace Home Mortgage, Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Marketplace Home Mortgage, Llc 401(k) plan?

271 participants at the start of plan year 2017, 244 of them active employees, and 17 former employees who still had money in the plan.

What is the average 401(k) balance at Marketplace Home Mortgage, Llc?

About $59,243 per account: $11.1 million in plan assets across 188 accounts with a balance at the end of plan year 2017.

Who manages the Marketplace Home Mortgage, Llc 401(k) accounts?

ADP Retirement Services is the plan's recordkeeper, which is where participants log in to see their balance.

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