2023 Form 5500 filing — Carolina Dealerships, Inc. Welfare Benefit Trust Cafeteria 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 20241204123013NAL0008015122001) for Carolina Dealerships, Inc. Welfare Benefit Trust Cafeteria Plan, reported by Carolina Dealerships Inc under EIN 20-0465434 and plan number 501. It reports 3,069 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 3 · 2023

Filing snapshot

Net assets (EOY)$6.3MReported net assets$6,294,229
Participants3.1K3,069
Provider compensation$954.3K1 Schedule C row(s)$954,297
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241204123013NAL0008015122001
Plan sponsor
Carolina Dealerships Inc
EIN
20-0465434
Plan number
501
Location
Winston-Salem, NC
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$6.3M total assets
Net assets$6.3MLiabilities$0
Money in vs. money out
Total income / additions$27.8M
Total expenses$26M
Benefits paid / distributions$23.2M
Contributions
Employer$15M
Participant$12.7M
Full reported line items
Total assets (EOY)
$6,294,229
Total liabilities (EOY)
$0
Net assets (EOY)
$6,294,229
Employer contributions
$15,032,062
Participant contributions
$12,719,853
Total income / additions
$27,790,181
Benefits paid
$23,204,706
Administrative expenses
$2,769,156
Total expenses
$25,973,862
Net increase / (decrease)
$1,816,319

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Bcbs Of North CarolinaNONE$954,297not reported in the loaded dataset

Related Form 5500 pages