2023 Form 5500 filing — Phil Long Dealerships, Inc. 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 20241004180851NAL0024471090001) for Phil Long Dealerships, Inc. 401(K) Profit Sharing Plan, reported by Phil Long Dealerships, Inc. under EIN 84-1393913 and plan number 002. It reports 1,683 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241004180851NAL0024471090001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Phil Long Dealerships, Inc.
- EIN
- 84-1393913
- Plan number
- 002
- Location
- Colorado Springs, CO
- Participants
- 1,683
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $55,909,616
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $55,909,616
- Employer contributions
- $692,170
- Participant contributions
- $7,607,989
- Total income / additions
- $16,110,314
- Benefits paid
- $3,761,953
- Administrative expenses
- $215,239
- Total expenses
- $3,980,434
- Net increase / (decrease)
- $12,129,880
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $102,912 | $0 |
| Strategic Advisors, Inc. | ADVISOR | $22,492 | not reported in the loaded dataset |
| Crowe Llp | ACCOUNTANT/AUDITOR | $18,900 | not reported in the loaded dataset |