Southern Auto Sales, Inc. Employees' Benefit Trust — 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. Employees' Benefit Trust is a benefit plan reported by Southern Auto Sales, Inc. under EIN 06-0705740 and plan number 501. The latest loaded filing year is 2023. The filing reports 106 participants and $133,196 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$0Plan net assets, end of year
Participants106Covered participants reported
Assets / participant$1.3KComputed: assets ÷ participants$1,257 (computed)
Provider compensation$120K2 Schedule C provider row(s)$120,049
- Plan sponsor
- Southern Auto Sales, Inc.
- EIN
- 06-0705740
- Plan number
- 501
- Plan type
- 2
- Location
- East Windsor, CT
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 106 | H, C | 20241011102048NAL0022558049001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$133.2K total assets
Net assets$0Liabilities$133.2K
Full reported line items
Net assets
- Total assets (EOY)
- $133,196
- Total liabilities (EOY)
- $133,196
- Net assets (EOY)
- $0
- Net assets (BOY)
- $0
Income & contributions
- Employer contributions
- $899,807
- Participant contributions
- $294,929
- Total contributions
- $1,205,858
- Total income / additions
- $1,205,858
Expenses & distributions
- Benefits paid
- $1,092,300
- Administrative expenses
- $113,558
- Total expenses
- $1,205,858
- Net increase / (decrease)
- $0
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Aetna Life Insurance Company | CONTRACT ADMINISTRATOR | $87,049 | not reported in the loaded dataset | 2023 |
| Bobrow & Company, P.C. | AUDITOR/ACCOUNTANT | $33,000 | not reported in the loaded dataset | 2023 |