2023 Form 5500 filing — Mcgrath Lexus 401(K) Profit Sharing Plan And Trust
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 20241122133823NAL0003352496001) for Mcgrath Lexus 401(K) Profit Sharing Plan And Trust, reported by Mcgrath-Colosimo, Ltd. under EIN 36-3780892 and plan number 002. It reports 222 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241122133823NAL0003352496001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mcgrath-Colosimo, Ltd.
- EIN
- 36-3780892
- Plan number
- 002
- Location
- Westmont, IL
- Participants
- 222
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $27,156,507
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,156,507
- Employer contributions
- $405,998
- Participant contributions
- $1,162,451
- Total income / additions
- $6,304,919
- Benefits paid
- $4,837,689
- Administrative expenses
- $55,008
- Total expenses
- $4,892,697
- Net increase / (decrease)
- $1,412,222
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| James M. Juengling & Associates | PLAN ADVISOR | $23,369 | $0 |
| Associated Pension Services, Inc. | THIRD PARTY ADMINISTRATOR | $2,043 | $11,751 |
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $5,802 | not reported in the loaded dataset |