2023 Form 5500 filing — Borman Motor Company LLC Salary Deferred 401(K) 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 20241202103347NAL0001688289001) for Borman Motor Company LLC Salary Deferred 401(K) Plan, reported by Borman Motor Company LLC under EIN 85-0405111 and plan number 001. It reports 161 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$0Reported net assets
Participants161
Provider compensation$17.4K2 Schedule C row(s)$17,399
Schedules filedSchedule I, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241202103347NAL0001688289001
- Plan sponsor
- Borman Motor Company LLC
- EIN
- 85-0405111
- Plan number
- 001
- Location
- Las Cruces, NM
- Received date
- not reported in the loaded dataset
Schedule I · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Full reported line items
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Employer contributions
- $0
- Participant contributions
- $0
- Total income / additions
- $31,766
- Benefits paid
- $2,230,328
- Administrative expenses
- $6,970
- Total expenses
- $2,237,298
- Net increase / (decrease)
- -$2,205,532
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lincoln Financial Advisors Corp | ADVISOR | $0 | $16,224 |
| Fidelity Investments Institutional | RECORDKEEPER | $1,175 | $0 |