Jack Demmer Ford, Inc. 401(K) Plan — Form 5500 plan (Jack Demmer Ford, 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, Jack Demmer Ford, Inc. 401(K) Plan is a benefit plan reported by Jack Demmer Ford, Inc. under EIN 38-1559015 and plan number 001. The latest loaded filing year is 2023. The filing reports 207 participants and $22,296,612 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$22.3MPlan net assets, end of year$22,296,612
Participants207Covered participants reported
Assets / participant$107.7KComputed: assets ÷ participants$107,713 (computed)
Provider compensation$5.8K2 Schedule C provider row(s)$5,833
Plan sponsor
Jack Demmer Ford, Inc.
EIN
38-1559015
Plan number
001
Plan type
2
Location
Wayne, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023207H, C20240927110521NAL0003544464001
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)$22.3M total assets
Net assets$22.3MLiabilities$0
Money in vs. money out
Total income / additions$3.9M
Total expenses$923K
Benefits paid / distributions$909.2K
Contributions
Employer$138.1K
Participant$1.2M
Full reported line items

Net assets

Total assets (EOY)
$22,296,612
Total liabilities (EOY)
$0
Net assets (EOY)
$22,296,612
Net assets (BOY)
$19,307,772

Income & contributions

Employer contributions
$138,107
Participant contributions
$1,191,101
Total contributions
$1,329,208
Total income / additions
$3,911,802

Expenses & distributions

Benefits paid
$909,234
Administrative expenses
$5,833
Total expenses
$922,962
Net increase / (decrease)
$2,988,840

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$3,605$02023
Empower Advisory Group, LLCINVESTMENT MGMT$2,228not reported in the loaded dataset2023

Related Form 5500 pages