2023 Form 5500 filing — Smart Motors, Inc. 401(K) Savings 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 20241014133408NAL0015011379001) for Smart Motors, Inc. 401(K) Savings Plan, reported by Smart Motors, Inc. under EIN 39-0977617 and plan number 002. It reports 364 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014133408NAL0015011379001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Smart Motors, Inc.
- EIN
- 39-0977617
- Plan number
- 002
- Location
- Madison, WI
- Participants
- 364
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,405,020
- Net assets (EOY)
- $14,405,020
- Employer contributions
- $702,524
- Participant contributions
- $1,017,495
- Total income / additions
- $3,583,000
- Benefits paid
- $768,653
- Administrative expenses
- $109,335
- Total expenses
- $898,896
- Net increase / (decrease)
- $2,684,104
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nationwide | RECORDKEEPER | $92,185 | not reported in the loaded dataset |
| Ameriprise Financial Services | BROKER/ADVISOR | not reported in the loaded dataset | $36,634 |
| Definiti, LLC | THIRD PARTY ADMIN. | $17,155 | not reported in the loaded dataset |