2023 Form 5500 filing — The Schumacher Automotive Group 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 20250502140250NAL0007115808001) for The Schumacher Automotive Group 401(K) Plan, reported by Schumacher Auto Group, Inc. under EIN 59-0593470 and plan number 001. It reports 997 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250502140250NAL0007115808001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Schumacher Auto Group, Inc.
- EIN
- 59-0593470
- Plan number
- 001
- Location
- West Palm Beach, FL
- Participants
- 997
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,389,471
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,389,471
- Employer contributions
- $285,563
- Participant contributions
- $3,526,290
- Total income / additions
- $7,609,037
- Benefits paid
- $3,124,597
- Administrative expenses
- $18,334
- Total expenses
- $3,210,700
- Net increase / (decrease)
- $4,398,337
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lpl Financial LLC | BROKER/ADVISER | $0 | $54,236 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $18,334 | $0 |