2023 Form 5500 filing — Best Chevrolet, Inc. 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 20241002182907NAL0009294881001) for Best Chevrolet, Inc. 401(K) Plan, reported by Best Chevrolet, Inc. under EIN 04-2225062 and plan number 002. It reports 183 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002182907NAL0009294881001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Best Chevrolet, Inc.
- EIN
- 04-2225062
- Plan number
- 002
- Location
- Hingham, MA
- Participants
- 183
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,392,068
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,392,068
- Employer contributions
- $112,743
- Participant contributions
- $568,999
- Total income / additions
- $1,932,268
- Benefits paid
- $1,629,012
- Administrative expenses
- $33,212
- Total expenses
- $1,668,972
- Net increase / (decrease)
- $263,296
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Retirement Plan Servic | SERVICE PROVIDER | $21,753 | not reported in the loaded dataset |
| Withum, Smith & Brown, Pc | AUDITOR | $6,500 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $3,469 | $0 |
| The Angell Pension Group, Inc. | TPA | $813 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $677 | not reported in the loaded dataset |
| Mml Investors Services, LLC | ADVISOR | $0 | $0 |
| Commonwealth Financial Group | ADVISOR | $0 | $0 |