2023 Form 5500 filing — Charles Daher'S Commonwealth Motors 401(K) Retirement Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240709082915NAL0007733491001) for Charles Daher'S Commonwealth Motors 401(K) Retirement Plan, reported by Charles Daher'S Commonwealth Motors under EIN 04-3117669 and plan number 001. It reports 286 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240709082915NAL0007733491001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Charles Daher'S Commonwealth Motors
- EIN
- 04-3117669
- Plan number
- 001
- Location
- Lawrence, MA
- Participants
- 286
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $15,727,864
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,727,864
- Employer contributions
- $203,870
- Participant contributions
- $932,454
- Total income / additions
- $3,477,306
- Benefits paid
- $845,265
- Administrative expenses
- $50,662
- Total expenses
- $928,387
- Net increase / (decrease)
- $2,548,919
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Services | RECORDKEEPER | $37,127 | $0 |
| Royal Alliance Associates Inc | BROKER | $0 | $26,950 |
| Caron & Bletzer Pllc | AUDIT | $10,300 | not reported in the loaded dataset |
| Transamerica Life Insurance Company | RECORDKEEPER | $1,558 | $0 |