2023 Form 5500 filing — Elder 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 20241014110536NAL0051979554001) for Elder Automotive Group 401(K) Plan, reported by Ibe Enterprises, LLC under EIN 81-4790668 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).
- EFAST2 acknowledgement
- 20241014110536NAL0051979554001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ibe Enterprises, LLC
- EIN
- 81-4790668
- Plan number
- 001
- Location
- Macomb, MI
- Participants
- 179
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,843,619
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,843,619
- Employer contributions
- $13,111
- Participant contributions
- $234,547
- Total income / additions
- $1,027,570
- Benefits paid
- $751,661
- Administrative expenses
- $37,937
- Total expenses
- $807,590
- Net increase / (decrease)
- $219,980
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Jaffe Tilchin Investment Partners | INVESTMENT ADVISORY | $28,573 | not reported in the loaded dataset |
| My Benefits, LLC | CONTRACT ADMIN | $5,817 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $4,713 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT. | $1,594 | not reported in the loaded dataset |