2023 Form 5500 filing — Shults Auto 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 20241015114527NAL0055831938001) for Shults Auto Group 401(K) Plan, reported by Ed Shults Chevrolet, Inc. under EIN 16-1169076 and plan number 002. It reports 240 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015114527NAL0055831938001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Ed Shults Chevrolet, Inc.
- EIN
- 16-1169076
- Plan number
- 002
- Location
- Jamestown, NY
- Participants
- 240
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,314,669
- Net assets (EOY)
- $5,314,669
- Employer contributions
- $84,159
- Participant contributions
- $484,407
- Total income / additions
- $1,405,051
- Benefits paid
- $402,765
- Administrative expenses
- $4,804
- Total expenses
- $429,888
- Net increase / (decrease)
- $975,163
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nationwide | CONTRACT ADMINISTRATOR | $43,606 | not reported in the loaded dataset |
| Lincoln Investment Planning | BROKER | $0 | $33,293 |
| The Pension Service, Inc. | RECORDKEEPER | $13,694 | $14 |