2023 Form 5500 filing — South Bay Ford, Inc. And Ford West 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 20241014162742NAL0013621507003) for South Bay Ford, Inc. And Ford West 401(K) Plan, reported by South Bay Ford under EIN 95-4451497 and plan number 001. It reports 220 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014162742NAL0013621507003
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- South Bay Ford
- EIN
- 95-4451497
- Plan number
- 001
- Location
- Hawthorne, CA
- Participants
- 220
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,985,171
- Net assets (EOY)
- $8,985,171
- Employer contributions
- $149,862
- Participant contributions
- $697,129
- Total income / additions
- $2,109,892
- Benefits paid
- $104,899
- Administrative expenses
- $37,048
- Total expenses
- $141,947
- Net increase / (decrease)
- $1,967,945
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch Life Agency, Inc. | INVESTMENT ADVISORY-PLAN | $18,945 | not reported in the loaded dataset |
| Transamerica Financial Life Insuran | RECORDKEEPER | $18,104 | $0 |