2023 Form 5500 filing — Bill Brown Ford, 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 20241005081855NAL0013415025001) for Bill Brown Ford, Inc. 401 (K) Plan, reported by Bill Brown Ford, Inc. under EIN 38-2326648 and plan number 001. It reports 305 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241005081855NAL0013415025001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bill Brown Ford, Inc.
- EIN
- 38-2326648
- Plan number
- 001
- Location
- Livonia, MI
- Participants
- 305
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $17,293,920
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,293,920
- Employer contributions
- $76,721
- Participant contributions
- $1,680,692
- Total income / additions
- $3,953,369
- Benefits paid
- $3,038,367
- Administrative expenses
- $58,368
- Total expenses
- $3,118,542
- Net increase / (decrease)
- $834,827
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Morgan Stanley Global Banking Op | SERVICE PROVIDER | $42,430 | $0 |
| Voya Retirement Insurance And Annui | INVESTMENT ADVISORY | $13,691 | $0 |
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $2,248 | $0 |