Flood Automotive Group 401(K) Profit Sharing Plan — Form 5500 plan (Paul Baileys East Greenwich Ford, 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, Flood Automotive Group 401(K) Profit Sharing Plan is a benefit plan reported by Paul Baileys East Greenwich Ford, Inc under EIN 05-0512742 and plan number 001. The latest loaded filing year is 2023. The filing reports 176 participants and $8,838,865 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Paul Baileys East Greenwich Ford, Inc
EIN
05-0512742
Plan number
001
Plan type
2
Location
East Greenwich, RI
Latest filing year
2023
Participants
176
End-of-year plan assets
$8,838,865

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023176H, C20240819104928NAL0003057106001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$8,838,865
Total liabilities (EOY)
$123,865
Net assets (EOY)
$8,715,000
Net assets (BOY)
$7,190,215

Income & contributions

Employer contributions
$22,578
Participant contributions
$380,145
Total contributions
$402,723
Total income / additions
$1,766,813

Expenses & distributions

Benefits paid
$212,078
Administrative expenses
$29,950
Total expenses
$242,028
Net increase / (decrease)
$1,524,785

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Caron Bletzer, PllcSERVICE PROVIDER$10,400not reported in the loaded dataset2023
Grp FinancialSERVICE PROVIDER$10,000not reported in the loaded dataset2023
Cornerstone RetirementSERVICE PROVIDER$4,000not reported in the loaded dataset2023
Voya Retirement Insurance And AnnuiOTHER SERVICES$3,875$02023

Related Form 5500 pages