2023 Form 5500 filing — Standard Motor Products, Inc. Profit Sharing 401(K) Capital Accumulation 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 20241015125512NAL0029696721001) for Standard Motor Products, Inc. Profit Sharing 401(K) Capital Accumulation Plan, reported by Standard Motor Products, Inc. under EIN 11-1362020 and plan number 010. It reports 2,627 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015125512NAL0029696721001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Standard Motor Products, Inc.
- EIN
- 11-1362020
- Plan number
- 010
- Location
- Long Island City, NY
- Participants
- 2,627
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $350,895,010
- Total liabilities (EOY)
- $130,869
- Net assets (EOY)
- $350,764,141
- Employer contributions
- $9,865,122
- Participant contributions
- $15,792,012
- Total income / additions
- $71,927,033
- Benefits paid
- $31,675,289
- Administrative expenses
- $717,487
- Total expenses
- $32,401,044
- Net increase / (decrease)
- $39,525,989
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $277,927 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $195,240 | $0 |