Northtown Automotive Companies, Inc. 401(K) Plan — Form 5500 plan (Northtown Automotive Companies, 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, Northtown Automotive Companies, Inc. 401(K) Plan is a benefit plan reported by Northtown Automotive Companies, Inc. under EIN 16-0970381 and plan number 001. The latest loaded filing year is 2023. The filing reports 764 participants and $52,435,140 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Northtown Automotive Companies, Inc.
EIN
16-0970381
Plan number
001
Plan type
2
Location
Amherst, NY
Latest filing year
2023
Participants
764
End-of-year plan assets
$52,435,140

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023764H, C20240927082046NAL0001993649001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$52,435,140
Total liabilities (EOY)
$210,560
Net assets (EOY)
$52,224,580
Net assets (BOY)
$45,108,649

Income & contributions

Employer contributions
$673,269
Participant contributions
$2,614,816
Total contributions
$3,639,789
Total income / additions
$11,048,201

Expenses & distributions

Benefits paid
$3,844,381
Administrative expenses
$87,889
Total expenses
$3,932,270
Net increase / (decrease)
$7,115,931

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$81,108$02023
Mml Insurance Agency LLCOTHER SERVICES$0$5172023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages