2023 Form 5500 filing — Tack Automotive Dba Mike Johnson'S Hickory Toyota 401(K) 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 20240821075426NAL0003714145001) for Tack Automotive Dba Mike Johnson'S Hickory Toyota 401(K) Plan, reported by Tack Automotive, LLC under EIN 56-2148539 and plan number 001. It reports 280 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240821075426NAL0003714145001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Tack Automotive, LLC
- EIN
- 56-2148539
- Plan number
- 001
- Location
- Hickory, NC
- Participants
- 280
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,703,970
- Net assets (EOY)
- $8,703,970
- Employer contributions
- $103,354
- Participant contributions
- $836,613
- Total income / additions
- $2,177,562
- Benefits paid
- $334,737
- Administrative expenses
- $56,877
- Total expenses
- $391,856
- Net increase / (decrease)
- $1,785,706
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $20,971 | $0 |
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $17,343 | $0 |
| Nova 401(K) Associates | CONTRACT ADMIN | $6,666 | $0 |
| Administrative Fiduciary Services | OTHER | $6,376 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $5,521 | $0 |