2023 Form 5500 filing — Basney Dealer Group 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 20240925135113NAL0005487731001) for Basney Dealer Group 401(K) Retirement Plan, reported by Basney Imports, Inc. under EIN 35-1283526 and plan number 001. It reports 125 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$12MReported net assets$11,987,681
Participants125
Provider compensation$44.3K2 Schedule C row(s)$44,308
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240925135113NAL0005487731001
Plan sponsor
Basney Imports, Inc.
EIN
35-1283526
Plan number
001
Location
South Bend, IN
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$12M total assets
Net assets$12MLiabilities
Money in vs. money out
Total income / additions$2.8M
Total expenses$1.1M
Benefits paid / distributions$1M
Contributions
Employer$118K
Participant$477.2K
Full reported line items
Total assets (EOY)
$11,987,681
Net assets (EOY)
$11,987,681
Employer contributions
$117,958
Participant contributions
$477,208
Total income / additions
$2,766,457
Benefits paid
$1,047,709
Administrative expenses
$6,786
Total expenses
$1,058,750
Net increase / (decrease)
$1,707,707

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Hub International LimitedBROKER$0$37,522
Transamerica Life Insurance CompanyRECORDKEEPER$6,786$0

Related Form 5500 pages