J. Velarde, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (J. Velarde, Inc. Dba Chrysler Jeep Dodge Center)
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, J. Velarde, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by J. Velarde, Inc. Dba Chrysler Jeep Dodge Center under EIN 20-8517651 and plan number 001. The latest loaded filing year is 2023. The filing reports 166 participants and $2,513,500 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$2.5MPlan net assets, end of year$2,484,364
Participants166Covered participants reported
Assets / participant$15.1KComputed: assets ÷ participants$15,142 (computed)
Provider compensation$32.2K2 Schedule C provider row(s)$32,228
- Plan sponsor
- J. Velarde, Inc. Dba Chrysler Jeep Dodge Center
- EIN
- 20-8517651
- Plan number
- 001
- Plan type
- 2
- Location
- Indio, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 166 | H, C | 20240927144323NAL0001126867001 |
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)$2.5M total assets
Net assets$2.5MLiabilities$29.1K
Full reported line items
Net assets
- Total assets (EOY)
- $2,513,500
- Total liabilities (EOY)
- $29,136
- Net assets (EOY)
- $2,484,364
- Net assets (BOY)
- $2,563,895
Income & contributions
- Participant contributions
- $375,285
- Total contributions
- $409,382
- Total income / additions
- $756,596
Expenses & distributions
- Benefits paid
- $803,899
- Administrative expenses
- $32,228
- Total expenses
- $836,127
- Net increase / (decrease)
- -$79,531
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets34%Computed ratio
Benefits paid ÷ total income106%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Financial Life Ins | RECORD KEEPER | $19,961 | $0 | 2023 |
| Admin. Group, LLC Dba Tag Resources | RECORD KEEPER | $12,267 | $0 | 2023 |