Summit Racing Equipment Retirement Plan — Form 5500 plan (Autosales, Inc. Dba Summit Racing Equipment)

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, Summit Racing Equipment Retirement Plan is a benefit plan reported by Autosales, Inc. Dba Summit Racing Equipment under EIN 34-1117102 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,230 participants and $213,524,508 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Autosales, Inc. Dba Summit Racing Equipment
EIN
34-1117102
Plan number
001
Plan type
2
Location
Tallmadge, OH
Latest filing year
2023
Participants
2,230
End-of-year plan assets
$213,524,508

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,230H, C20241009130157NAL0010622131001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$213,524,508
Total liabilities (EOY)
$0
Net assets (EOY)
$213,524,508
Net assets (BOY)
$168,283,732

Income & contributions

Employer contributions
$8,939,689
Participant contributions
$7,269,346
Total contributions
$17,275,346
Total income / additions
$52,361,305

Expenses & distributions

Benefits paid
$6,888,142
Administrative expenses
$229,590
Total expenses
$7,120,529
Net increase / (decrease)
$45,240,776

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$112,675$02023
UbsCONSULTANT$94,416not reported in the loaded dataset2023
Pease, CpasACCOUNTANT/AUDITOR$22,500not reported in the loaded dataset2023

Related Form 5500 pages