2023 Form 5500 filing — Fred Beans 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 20241008110006NAL0029608336001) for Fred Beans Automotive Group 401(K) Plan, reported by Fred Beans Ford, Inc. under EIN 23-1982412 and plan number 333. It reports 2,048 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008110006NAL0029608336001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Fred Beans Ford, Inc.
- EIN
- 23-1982412
- Plan number
- 333
- Location
- Doylestown, PA
- Participants
- 2,048
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $98,131,474
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $98,131,474
- Employer contributions
- $1,725,459
- Participant contributions
- $9,040,879
- Total income / additions
- $25,417,100
- Benefits paid
- $5,272,368
- Administrative expenses
- $129,813
- Total expenses
- $5,412,883
- Net increase / (decrease)
- $20,004,217
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Hornor Townsend & Kent Inc | ADVISOR | $99,243 | not reported in the loaded dataset |
| Boyer And Ritter LLC | ACCOUNTANT/AUDITOR | $18,000 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $12,570 | $0 |