Southern Auto Sales, Inc. Master Profit Sharing Plan — Form 5500 plan (Southern Auto Sales, 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, Southern Auto Sales, Inc. Master Profit Sharing Plan is a benefit plan reported by Southern Auto Sales, Inc. under EIN 06-0705740 and plan number 001. The latest loaded filing year is 2023. The filing reports 246 participants and $30,623,946 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Southern Auto Sales, Inc.
- EIN
- 06-0705740
- Plan number
- 001
- Plan type
- 2
- Location
- East Windsor, CT
- Latest filing year
- 2023
- Participants
- 246
- End-of-year plan assets
- $30,623,946
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 246 | H, C | 20241011102641NAL0036653696001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $30,623,946
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,623,946
- Net assets (BOY)
- $28,760,220
Income & contributions
- Employer contributions
- $438,911
- Participant contributions
- $641,063
- Total contributions
- $1,079,974
- Total income / additions
- $4,963,462
Expenses & distributions
- Benefits paid
- $2,968,517
- Administrative expenses
- $131,219
- Total expenses
- $3,099,736
- Net increase / (decrease)
- $1,863,726
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Bobrow & Company | ACCOUNTANT | $37,000 | not reported in the loaded dataset | 2023 |
| Bradley, Foster & Sargent, Inc. | INVESTMENT ADVISORS | $32,599 | not reported in the loaded dataset | 2023 |
| Ubs | INVESTMENT MGMT | $24,894 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $23,276 | $0 | 2023 |
| Mml Investors | BROKER | $0 | $18,620 | 2023 |
| Pension Consultants, Inc. | TPA | $13,425 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Southern Auto Sales, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CT
- 401(k) and benefit plan filings in East Windsor, CT
- Bobrow & Company — Schedule C compensation
- Bradley, Foster & Sargent, Inc. — Schedule C compensation
- Ubs — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation
- Mml Investors — Schedule C compensation
- Pension Consultants, Inc. — Schedule C compensation