Colonial Automotive Group 401k Plan — Form 5500 plan (Wellesley Volkswagen, 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, Colonial Automotive Group 401k Plan is a benefit plan reported by Wellesley Volkswagen, Inc. under EIN 04-2462613 and plan number 002. The latest loaded filing year is 2023. The filing reports 656 participants and $14,759,208 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Wellesley Volkswagen, Inc.
- EIN
- 04-2462613
- Plan number
- 002
- Plan type
- 2
- Location
- Wellesley, MA
- Latest filing year
- 2023
- Participants
- 656
- End-of-year plan assets
- $14,759,208
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 656 | H, C | 20240717085847NAL0008209234001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,759,208
- Total liabilities (EOY)
- $36,576
- Net assets (EOY)
- $14,722,632
- Net assets (BOY)
- $11,962,967
Income & contributions
- Participant contributions
- $1,791,871
- Total contributions
- $2,128,050
- Total income / additions
- $4,178,134
Expenses & distributions
- Benefits paid
- $1,336,627
- Administrative expenses
- $50,439
- Total expenses
- $1,418,469
- Net increase / (decrease)
- $2,759,665
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance | RECORDKEEPER | $29,806 | $0 | 2023 |
| Ascensus Holdings, Inc. | CONTRACT ADMIN | $3,375 | $10,000 | 2023 |
| Global Retirement Partners, LLC | INVESTMENT ADVISOR | $13,000 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MANAGEMENT | $10,118 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Wellesley Volkswagen, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Wellesley, MA
- Empower Annuity Insurance — Schedule C compensation
- Ascensus Holdings, Inc. — Schedule C compensation
- Global Retirement Partners, LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation