American Car Center/American Financial 401(K) Plan — Form 5500 plan (Rac King, LLC.)
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, American Car Center/American Financial 401(K) Plan is a benefit plan reported by Rac King, LLC. under EIN 35-2556605 and plan number 001. The latest loaded filing year is 2023. The filing reports 464 participants and $0 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$0Plan net assets, end of year
Participants464Covered participants reported
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensation$36.5K4 Schedule C provider row(s)$36,460
- Plan sponsor
- Rac King, LLC.
- EIN
- 35-2556605
- Plan number
- 001
- Plan type
- 2
- Location
- Willmington, DE
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 464 | H, C | 20240125143018NAL0026841682001 |
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.
Full reported line items
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $280,904
Income & contributions
- Employer contributions
- $20,799
- Participant contributions
- $49,392
- Total contributions
- $70,191
- Total income / additions
- $103,763
Expenses & distributions
- Benefits paid
- $360,049
- Administrative expenses
- $24,618
- Total expenses
- $384,667
- Net increase / (decrease)
- -$280,904
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.
30%70%
Employer 30%Participant 70%
Benefits paid ÷ total income347%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Tax Favored Benefits, Inc. | TPA | $12,269 | not reported in the loaded dataset | 2023 |
| Giuliano, Miller & Company, LLC | ACCOUNTANT | $12,000 | not reported in the loaded dataset | 2023 |
| The Vanguard Group | RECORDKEEPER | $11,295 | not reported in the loaded dataset | 2023 |
| Ameritas Investment Corp | BROKER DEALER | $896 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Rac King, LLC.
- 2023 Form 5500 filing
- Form 5500 filings in DE
- 401(k) and benefit plan filings in Willmington, DE
- Tax Favored Benefits, Inc. — Schedule C compensation
- Giuliano, Miller & Company, LLC — Schedule C compensation
- The Vanguard Group — Schedule C compensation
- Ameritas Investment Corp — Schedule C compensation