Laurel Motors Holding Co. 401(K) Profit Sharing Plan — Form 5500 plan (Laurel Motors Holding Co.)

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, Laurel Motors Holding Co. 401(K) Profit Sharing Plan is a benefit plan reported by Laurel Motors Holding Co. under EIN 25-1653024 and plan number 001. The latest loaded filing year is 2023. The filing reports 194 participants and $8,650,436 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.7MPlan net assets, end of year$8,650,051
Participants194Covered participants reported
Assets / participant$44.6KComputed: assets ÷ participants$44,590 (computed)
Provider compensation$44.6K3 Schedule C provider row(s)$44,650
Plan sponsor
Laurel Motors Holding Co.
EIN
25-1653024
Plan number
001
Plan type
2
Location
Johnstown, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023194H, C20241003124647NAL0010555521001
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)$8.7M total assets
Net assets$8.7MLiabilities$385
Money in vs. money out
Total income / additions$2M
Total expenses$534.5K
Benefits paid / distributions$488.1K
Contributions
Employer$120K
Participant$579.1K
Full reported line items

Net assets

Total assets (EOY)
$8,650,436
Total liabilities (EOY)
$385
Net assets (EOY)
$8,650,051
Net assets (BOY)
$7,224,191

Income & contributions

Employer contributions
$120,008
Participant contributions
$579,132
Total contributions
$707,442
Total income / additions
$1,960,342

Expenses & distributions

Benefits paid
$488,056
Administrative expenses
$44,651
Total expenses
$534,482
Net increase / (decrease)
$1,425,860
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.

Contribution share (employer vs. participant)
Employer 17%Participant 83%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income25%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
First National Trust CompanyINVESTMENT ADVISOR$30,842not reported in the loaded dataset2023
Empower Annuity Insurance CompanyRECORDKEEPER$12,770$02023
Empower Advisory Group, LLCINVESTMENT MGMT$1,038not reported in the loaded dataset2023

Related Form 5500 pages