2023 Form 5500 filing — Oak Motors Inc 401k 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 20240923105628NAL0020244320001) for Oak Motors Inc 401k Plan, reported by Oak Motors Inc under EIN 35-1657717 and plan number 001. It reports 164 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240923105628NAL0020244320001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Oak Motors Inc
- EIN
- 35-1657717
- Plan number
- 001
- Location
- Daleville, IN
- Participants
- 164
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,630,588
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,630,588
- Employer contributions
- $156,608
- Participant contributions
- $323,434
- Total income / additions
- $1,170,116
- Benefits paid
- $652,134
- Administrative expenses
- $37,156
- Total expenses
- $689,290
- Net increase / (decrease)
- $480,826
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Co. | RECORDKEEPER | $14,835 | $0 |
| Northwestern Mutual Wealth Mgmt Co | INVESTMENT ADVISOR | $14,192 | not reported in the loaded dataset |
| Trinity Pension Consultants | CONTRACT ADMIN | $4,410 | $4,164 |
| Empower Advisory Group LLC | INVESTMENT MGMT | $2,595 | not reported in the loaded dataset |
| Northwestern Mutual Investment Svcs | BROKER/ADVISOR | $0 | $1,437 |