Best Chevrolet, Inc. 401(K) Plan — Form 5500 plan (Best Chevrolet, Inc.)
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, Best Chevrolet, Inc. 401(K) Plan is a benefit plan reported by Best Chevrolet, Inc. under EIN 04-2225062 and plan number 002. The latest loaded filing year is 2023. The filing reports 183 participants and $7,392,068 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Best Chevrolet, Inc.
- EIN
- 04-2225062
- Plan number
- 002
- Plan type
- 2
- Location
- Hingham, MA
- Latest filing year
- 2023
- Participants
- 183
- End-of-year plan assets
- $7,392,068
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 183 | H, C | 20241002182907NAL0009294881001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,392,068
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,392,068
- Net assets (BOY)
- $7,128,772
Income & contributions
- Employer contributions
- $112,743
- Participant contributions
- $568,999
- Total contributions
- $809,112
- Total income / additions
- $1,932,268
Expenses & distributions
- Benefits paid
- $1,629,012
- Administrative expenses
- $33,212
- Total expenses
- $1,668,972
- Net increase / (decrease)
- $263,296
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Retirement Plan Servic | SERVICE PROVIDER | $21,753 | not reported in the loaded dataset | 2023 |
| Withum, Smith & Brown, Pc | AUDITOR | $6,500 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $3,469 | $0 | 2023 |
| The Angell Pension Group, Inc. | TPA | $813 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $677 | not reported in the loaded dataset | 2023 |
| Mml Investors Services, LLC | ADVISOR | $0 | $0 | 2023 |
| Commonwealth Financial Group | ADVISOR | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Best Chevrolet, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Hingham, MA
- John Hancock Retirement Plan Servic — Schedule C compensation
- Withum, Smith & Brown, Pc — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation
- The Angell Pension Group, Inc. — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation
- Mml Investors Services, LLC — Schedule C compensation
- Commonwealth Financial Group — Schedule C compensation