2023 Form 5500 filing — Mcgovern Auto Group 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 20241015150300NAL0028861793001) for Mcgovern Auto Group 401(K) Savings Plan, reported by Mcgovern Auto Group Corp Services, Inc. under EIN 81-2825767 and plan number 001. It reports 1,409 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015150300NAL0028861793001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Mcgovern Auto Group Corp Services, Inc.
- EIN
- 81-2825767
- Plan number
- 001
- Location
- Newton, MA
- Participants
- 1,409
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $29,778,988
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $29,778,988
- Employer contributions
- $542,720
- Participant contributions
- $4,347,619
- Total income / additions
- $9,829,444
- Benefits paid
- $1,394,361
- Administrative expenses
- $158,049
- Total expenses
- $1,552,410
- Net increase / (decrease)
- $8,277,034
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $51,267 | $0 |
| Mml Investors Services, LLC | BROKER | $37,780 | $0 |
| The Angell Pension Group, Inc. | RECORDKEEPER | $22,643 | $0 |
| Withum Smith & Brown Pc | AUDIT | $7,500 | $0 |