Plan Ledger DOL Form 5500 · updated monthly

Momnt Technologies, Inc.401(k)

MOMNT TECHNOLOGIES, INC. 401(K) PLAN · ATLANTA, GA · plan year 2024

Employer contribution per participant · 2024
$5,356

Momnt Technologies, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,736,271 across 188 participant accounts, with employer contributions averaging $5,356 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Georgia (1,750th of 2,160), and 4,541st of 4,798 in finance & insurance. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,736,271
Participants with balances188
Active participants85
Employer contributions$455,244
Employee contributions$923,379
Employer contribution per active participant$5,356
Average account balance$19,874
Benefits paid to participants$908,836
Plan auditUnmodified (clean) audit opinion
AuditorNICHOLS, CAULEY & ASSOCIATES, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$3.7M · 188 accts · $455K emplr
2023$2.4M · 242 accts · $687K emplr
The Momnt Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$5,356
Median for plans this size$1,313
2024$5,356 per active participant
2023$3,525 per active participant

Momnt Technologies, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Administrative cost history2
2024Not separately reported
2023Not separately reported
Same employer
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Northeast Georgia Bank GA$3.4M · 0.02%
Highland Mortgage GA$2.6M · 0.89%
Ssmg, LLC GA$2.1M · 1.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842628810 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.