2023 Form 5500 filing — Iav Automotive Engineering 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 20241014073233NAL0025663793001) for Iav Automotive Engineering Inc. 401(K) Plan, reported by Iav Automotive Engineering Inc. under EIN 38-3431346 and plan number 001. It reports 179 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)$15.7MReported net assets$15,689,227

Participants179

Provider compensation$79.5K3 Schedule C row(s)$79,504

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20241014073233NAL0025663793001
Plan sponsor: Iav Automotive Engineering Inc.
EIN: 38-3431346
Plan number: 001
Location: Novi, MI
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

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)$15.7M total assets

Net assets$15.7MLiabilities$0

Money in vs. money out

Total income / additions$3.4M

Total expenses$1.9M

Benefits paid / distributions$1.9M

Contributions

Employer$139.1K

Participant$415.1K

Full reported line items

Total assets (EOY): $15,689,227
Total liabilities (EOY): $0
Net assets (EOY): $15,689,227
Employer contributions: $139,105
Participant contributions: $415,056
Total income / additions: $3,376,766
Benefits paid: $1,862,059
Administrative expenses: $61,208
Total expenses: $1,923,267
Net increase / (decrease): $1,453,499

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Principal Life Insurance Company$50.7K
CONTRACT ADMINISTRATOR · Direct $50.7K · Indirect $0
2
Lpl Financial LLC$18.3K
OTHER SERVICES · Direct $0 · Indirect $18.3K
3
Global Retirement Partners LLC$10.5K
INVESTMENT ADVISORY · Direct $10.5K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241014073233NAL0025663793001 cover?: It is the 2023 Form 5500 filing for Iav Automotive Engineering Inc. 401(K) Plan, reported by Iav Automotive Engineering Inc. (EIN 38-3431346).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).