2023 Form 5500 filing — Driv Employees Retirement 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 20241015162757NAL0048903872001) for Driv Employees Retirement Plan, reported by Driv Automotive Inc. under EIN 83-4117479 and plan number 140. It reports 4,087 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015162757NAL0048903872001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Driv Automotive Inc.
- EIN
- 83-4117479
- Plan number
- 140
- Location
- Northville, MI
- Participants
- 4,087
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $194,043,388
- Total liabilities (EOY)
- $155,158
- Net assets (EOY)
- $193,888,230
- Employer contributions
- $3,728,347
- Total income / additions
- $32,793,184
- Benefits paid
- $12,678,989
- Administrative expenses
- $2,559,252
- Total expenses
- $15,238,241
- Net increase / (decrease)
- $17,554,943
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fid Inv Instl Ops Co | NONE | $625,479 | not reported in the loaded dataset |
| Bank Of New York Mellon | NONE | $238,231 | not reported in the loaded dataset |
| Deloitte & Touche, Llp | AUDIT | $41,744 | not reported in the loaded dataset |
| Holland & Knight | NONE | $33,389 | not reported in the loaded dataset |