2023 Form 5500 filing — Young Truck Sales, 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 20241011092506NAL0012323347001) for Young Truck Sales, Inc. 401 (K) Plan, reported by Young Truck Sales, Inc under EIN 34-0770683 and plan number 002. It reports 189 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)$10.2MReported net assets$10,165,431
Participants189
Provider compensation$66K2 Schedule C row(s)$66,046
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241011092506NAL0012323347001
Plan sponsor
Young Truck Sales, Inc
EIN
34-0770683
Plan number
002
Location
Canton, OH
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)$10.2M total assets
Net assets$10.2MLiabilities
Money in vs. money out
Total income / additions$2.3M
Total expenses$760.3K
Benefits paid / distributions$712.5K
Contributions
Employer$331.3K
Participant$734.9K
Full reported line items
Total assets (EOY)
$10,165,431
Net assets (EOY)
$10,165,431
Employer contributions
$331,291
Participant contributions
$734,926
Total income / additions
$2,271,211
Benefits paid
$712,452
Administrative expenses
$47,881
Total expenses
$760,333
Net increase / (decrease)
$1,510,878

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$47,588$0
Enza Financial LLCINVESTMENT ADVISORY$0$18,458

Related Form 5500 pages