2023 Form 5500 filing — Draexlmaier Automotive 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 20241011103806NAL0036680544001) for Draexlmaier Automotive 401(K) Plan, reported by Draexlmaier Automotive Of America, LLC under EIN 57-1032181 and plan number 001. It reports 1,617 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011103806NAL0036680544001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Draexlmaier Automotive Of America, LLC
- EIN
- 57-1032181
- Plan number
- 001
- Location
- Duncan, SC
- Participants
- 1,617
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $66,677,166
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $66,677,166
- Employer contributions
- $2,637,874
- Participant contributions
- $5,733,556
- Total income / additions
- $18,632,917
- Benefits paid
- $6,714,593
- Administrative expenses
- $109,958
- Total expenses
- $6,821,031
- Net increase / (decrease)
- $11,811,886
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $109,958 | $0 |