Central Motors 401(K) & Profit Sharing Plan — Form 5500 plan (Central Motors Inc. Of Norwood)
Plain-English plan 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, Central Motors 401(K) & Profit Sharing Plan is a benefit plan reported by Central Motors Inc. Of Norwood under EIN 04-2037412 and plan number 001. The latest loaded filing year is 2023. The filing reports 230 participants and $11,234,147 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Central Motors Inc. Of Norwood
- EIN
- 04-2037412
- Plan number
- 001
- Plan type
- 2
- Location
- Norwood, MA
- Latest filing year
- 2023
- Participants
- 230
- End-of-year plan assets
- $11,234,147
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 230 | H, C | 20241008125105NAL0029866864001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,234,147
- Total liabilities (EOY)
- $47,464
- Net assets (EOY)
- $11,186,683
- Net assets (BOY)
- $9,120,655
Income & contributions
- Employer contributions
- $87,093
- Participant contributions
- $664,620
- Total contributions
- $751,713
- Total income / additions
- $2,339,409
Expenses & distributions
- Benefits paid
- $261,934
- Administrative expenses
- $6,921
- Total expenses
- $273,381
- Net increase / (decrease)
- $2,066,028
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ameritas Investment Corp | ADVISOR | $0 | $23,985 | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $6,922 | $0 | 2023 |