2023 Form 5500 filing — Sterling Automotive Group 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 20241007142853NAL0015330513001) for Sterling Automotive Group 401(K) Plan, reported by Sterling Automotive Group under EIN 72-1291076 and plan number 001. It reports 442 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)$8.1MReported net assets$8,090,152
Participants442
Provider compensation$68.2K1 Schedule C row(s)$68,171
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241007142853NAL0015330513001
Plan sponsor
Sterling Automotive Group
EIN
72-1291076
Plan number
001
Location
Opelousas, LA
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)$8.1M total assets
Net assets$8.1MLiabilities$0
Money in vs. money out
Total income / additions$2.3M
Total expenses$692.5K
Benefits paid / distributions$614K
Contributions
Employer$319.4K
Participant$840K
Full reported line items
Total assets (EOY)
$8,090,152
Total liabilities (EOY)
$0
Net assets (EOY)
$8,090,152
Employer contributions
$319,362
Participant contributions
$839,951
Total income / additions
$2,281,953
Benefits paid
$613,954
Administrative expenses
$68,671
Total expenses
$692,503
Net increase / (decrease)
$1,589,450

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Nationwide InsuranceTRUST RECORDKEEPER$68,171$0

Related Form 5500 pages