Ron Marhofer Auto Family 401(K) Plan — Form 5500 plan (Marhofer Chevrolet 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, Ron Marhofer Auto Family 401(K) Plan is a benefit plan reported by Marhofer Chevrolet Inc. under EIN 34-1159646 and plan number 001. The latest loaded filing year is 2023. The filing reports 416 participants and $8,378,889 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$8.4MPlan net assets, end of year$8,363,033
Participants416Covered participants reported
Assets / participant$20.1KComputed: assets ÷ participants$20,142 (computed)
Provider compensation$84K2 Schedule C provider row(s)$84,010
- Plan sponsor
- Marhofer Chevrolet Inc.
- EIN
- 34-1159646
- Plan number
- 001
- Plan type
- 2
- Location
- Stow, OH
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 416 | H, C | 20241015124408NAL0014651459001 |
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)$8.4M total assets
Net assets$8.4MLiabilities$15.9K
Full reported line items
Net assets
- Total assets (EOY)
- $8,378,889
- Total liabilities (EOY)
- $15,856
- Net assets (EOY)
- $8,363,033
- Net assets (BOY)
- $6,939,741
Income & contributions
- Employer contributions
- $164,298
- Participant contributions
- $947,950
- Total contributions
- $1,112,248
- Total income / additions
- $2,308,603
Expenses & distributions
- Benefits paid
- $779,833
- Administrative expenses
- $84,011
- Total expenses
- $885,311
- Net increase / (decrease)
- $1,423,292
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.
15%85%
Employer 15%Participant 85%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income34%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Flexible Benefits Systems, Inc. | NONE | $48,350 | not reported in the loaded dataset | 2023 |
| Jetner Wealth Management | INVESTMENT ADVISOR | $35,660 | not reported in the loaded dataset | 2023 |