2023 Form 5500 filing — Powell-Watson Motors 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 20241011095403NAL0012342595001) for Powell-Watson Motors 401(K) Plan, reported by Powell-Watson Motors under EIN 74-1273471 and plan number 001. It reports 176 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011095403NAL0012342595001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Powell-Watson Motors
- EIN
- 74-1273471
- Plan number
- 001
- Location
- Laredo, TX
- Participants
- 176
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,450,878
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,450,878
- Employer contributions
- $198,447
- Participant contributions
- $632,917
- Total income / additions
- $1,415,519
- Benefits paid
- $283,366
- Administrative expenses
- $15,713
- Total expenses
- $325,875
- Net increase / (decrease)
- $1,089,644
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $14,226 | $0 |
| Capfinancial Partners LLC Dba Captr | OTHER | $915 | not reported in the loaded dataset |
| Northeast Retirement Services, Inc. | OTHER | $572 | not reported in the loaded dataset |