Mp Mine Operations Llc Dba Mp Materials 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2021. 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.
Mp Mine Operations Llc Dba Mp Materials 401(k) Login
Retirement plan providers can change. This information is from the plan's 2021 filing.
Mp Mine Operations Llc Dba Mp Materials 401(k) Plan Facts (plan year 2021)
Source: Form 5500 for plan year 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 19, 2022. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2021
- $2.83 million went into the plan in contributions, $684,027 of it from the employer (24%).
- $375,008 was paid out to participants.
- Investment and other income added $483,298.
- Administrative expenses were $57,011, about $160 per account.
How the Mp Mine Operations Llc Dba Mp Materials 401(k) changed, 2018–2021
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2018 | 0 | $357,058 | — | $9,315 |
| 2019 | 177 | $1.18 million | $109,628 | $45,034 |
| 2020 | 202 | $2.73 million | $402,633 | $127,983 |
| 2021 | 291 | $5.60 million | $684,027 | $375,008 |
Mp Mine Operations Llc Dba Mp Materials 401(k) Contact Information
Questions about the Mp Mine Operations Llc Dba Mp Materials 401(k)
Is the Mp Mine Operations Llc Dba Mp Materials 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.
Does Mp Mine Operations Llc Dba Mp Materials contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $684,027, 24% of all contributions.
Does the Mp Mine Operations Llc Dba Mp Materials 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Mp Mine Operations Llc Dba Mp Materials 401(k) plan?
291 participants at the start of plan year 2021, 334 of them active employees, and 50 former employees who still had money in the plan.
What is the average 401(k) balance at Mp Mine Operations Llc Dba Mp Materials?
About $15,731 per account: $5.60 million in plan assets across 356 accounts with a balance at the end of plan year 2021.
Who manages the Mp Mine Operations Llc Dba Mp Materials 401(k) accounts?
Transamerica (listed on the filing as TRANSAMERICA FINANCIAL LIFE INS CO) is the plan's recordkeeper, which is where participants log in to see their balance.