2023 Form 5500 filing — Bay Ridge Automotive Management Corp. 401(K) Employee 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 20241015133338NAL0014729539001) for Bay Ridge Automotive Management Corp. 401(K) Employee Savings Plan, reported by Bay Ridge Automotive Management Corp. under EIN 11-2858341 and plan number 002. It reports 1,403 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015133338NAL0014729539001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bay Ridge Automotive Management Corp.
- EIN
- 11-2858341
- Plan number
- 002
- Location
- Brooklyn, NY
- Participants
- 1,403
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $42,570,304
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $42,570,304
- Participant contributions
- $4,051,215
- Total income / additions
- $10,326,511
- Benefits paid
- $5,674,725
- Administrative expenses
- $67,122
- Total expenses
- $5,959,421
- Net increase / (decrease)
- $4,367,090
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Royal Alliance Associates, Inc | BROKER/DEALER | $40,000 | not reported in the loaded dataset |
| Associated Pension Consultants Inc | THIRD PARTY ADMINISTRATO | $0 | $23,042 |