Metro Automotive Group 401(K) Retirement Savings Plan — Form 5500 plan (Metro Motors, 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, Metro Automotive Group 401(K) Retirement Savings Plan is a benefit plan reported by Metro Motors, Inc. under EIN 33-0388292 and plan number 001. The latest loaded filing year is 2023. The filing reports 181 participants and $4,534,084 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Metro Motors, Inc.
- EIN
- 33-0388292
- Plan number
- 001
- Plan type
- 2
- Location
- Montclair, CA
- Latest filing year
- 2023
- Participants
- 181
- End-of-year plan assets
- $4,534,084
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 181 | H, C | 20240926183202NAL0001903696001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,534,084
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,534,084
- Net assets (BOY)
- $4,367,805
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $439,762
- Total contributions
- $439,762
- Total income / additions
- $1,069,082
Expenses & distributions
- Benefits paid
- $858,870
- Administrative expenses
- $27,057
- Total expenses
- $902,803
- Net increase / (decrease)
- $166,279
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $17,884 | $0 | 2023 |
| Financial Management Network Inc | INVESTMENT ADVISORY | $9,173 | $8 | 2023 |
| Actuarial Benefits Corporation | OTHER SERVICES | $0 | $416 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Metro Motors, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Montclair, CA
- Principal Life Insurance Company — Schedule C compensation
- Financial Management Network Inc — Schedule C compensation
- Actuarial Benefits Corporation — Schedule C compensation