2023 Form 5500 filing — International Cars, Ltd., Inc. Salary Deferral 401(K) Profit Sharing 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 20240904102633NAL0019581649001) for International Cars, Ltd., Inc. Salary Deferral 401(K) Profit Sharing Plan, reported by International Cars, Ltd., Inc. under EIN 04-2550058 and plan number 001. It reports 407 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240904102633NAL0019581649001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- International Cars, Ltd., Inc.
- EIN
- 04-2550058
- Plan number
- 001
- Location
- Danvers, MA
- Participants
- 407
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,524,649
- Total liabilities (EOY)
- $1,959
- Net assets (EOY)
- $14,522,690
- Employer contributions
- $272,511
- Participant contributions
- $1,887,782
- Total income / additions
- $4,488,554
- Benefits paid
- $963,048
- Administrative expenses
- $73,771
- Total expenses
- $1,052,938
- Net increase / (decrease)
- $3,435,616
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Sentinel Pension Advisors | N/A | $36,777 | not reported in the loaded dataset |
| Sentinel Benefits & Financial Group | N/A | $29,989 | not reported in the loaded dataset |
| National Financial Services, LLC | N/A | $7,005 | not reported in the loaded dataset |