Motive Energy, Inc. 401(k) Plan: Login, Facts & Contact Information
Motive Energy, Inc. 401(k) Login
491 former Motive Energy, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2023 filing.
Motive Energy, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 3, 2024. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2023
- $6.63 million went into the plan in contributions, $1.42 million of it from the employer (21%).
- $2.48 million was paid out to participants.
- Investment and other income added $4.55 million.
- Administrative expenses were $140,687, about $108 per account.
How the Motive Energy, Inc. 401(k) changed, 2018–2023
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2018 | 338 | $9.59 million | $314,125 | $872,055 |
| 2019 | 526 | $14.6 million | $1.22 million | $438,233 |
| 2020 | 658 | $18.0 million | $758,299 | $1.43 million |
| 2021 | 757 | $24.1 million | $932,215 | $972,887 |
| 2022 | 828 | $24.7 million | $1.35 million | $1.18 million |
| 2023 | 1,206 | $33.2 million | $1.42 million | $2.48 million |
Motive Energy, Inc. 401(k) Contact Information
Questions about the Motive Energy, Inc. 401(k)
Does Motive Energy, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $1.42 million, 21% of all contributions.
Does the Motive Energy, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Motive Energy, Inc 401(k) plan?
1,206 participants at the start of plan year 2023, 845 of them active employees, and 491 former employees who still had money in the plan.
What is the average 401(k) balance at Motive Energy, Inc?
About $25,490 per account: $33.2 million in plan assets across 1,303 accounts with a balance at the end of plan year 2023.
Who manages the Motive Energy, Inc 401(k) accounts?
Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Motive Energy, Inc. How do I access my 401(k)?
Your account stays with Vanguard after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.