Downey Import Cars, Inc. 401(K) Plan — Form 5500 plan (Downey Import Cars, 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, Downey Import Cars, Inc. 401(K) Plan is a benefit plan reported by Downey Import Cars, Inc. under EIN 26-1458269 and plan number 001. The latest loaded filing year is 2023. The filing reports 174 participants and $2,291,292 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2.3MPlan net assets, end of year$2,291,292
Participants174Covered participants reported
Assets / participant$13.2KComputed: assets ÷ participants$13,168 (computed)
Provider compensation$5.1K1 Schedule C provider row(s)$5,051
Plan sponsor
Downey Import Cars, Inc.
EIN
26-1458269
Plan number
001
Plan type
2
Location
Downey, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023174H, C20241014182410NAL0013737267001
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)$2.3M total assets
Net assets$2.3MLiabilities$0
Money in vs. money out
Total income / additions$640.4K
Total expenses$43.6K
Benefits paid / distributions$35.4K
Contributions
Employer$0
Participant$274.5K
Full reported line items

Net assets

Total assets (EOY)
$2,291,292
Total liabilities (EOY)
$0
Net assets (EOY)
$2,291,292
Net assets (BOY)
$1,694,468

Income & contributions

Employer contributions
$0
Participant contributions
$274,469
Total contributions
$274,469
Total income / additions
$640,387

Expenses & distributions

Benefits paid
$35,378
Administrative expenses
$5,796
Total expenses
$43,563
Net increase / (decrease)
$596,824

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Sentry Life Insurance CompanyRECORDKEEPER$5,051$02023

Related Form 5500 pages