Matick Automotive 401(K) Plan — Form 5500 plan (George Matick 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, Matick Automotive 401(K) Plan is a benefit plan reported by George Matick Chevrolet, Inc. under EIN 38-1850628 and plan number 001. The latest loaded filing year is 2023. The filing reports 190 participants and $12,474,956 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
George Matick Chevrolet, Inc.
EIN
38-1850628
Plan number
001
Plan type
2
Location
Redford, MI
Latest filing year
2023
Participants
190
End-of-year plan assets
$12,474,956

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023190H, C20260113153758NAL0014351777001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$12,474,956
Total liabilities (EOY)
$5,880
Net assets (EOY)
$12,469,076
Net assets (BOY)
$8,734,757

Income & contributions

Employer contributions
$236,455
Participant contributions
$1,165,688
Total contributions
$2,566,554
Total income / additions
$4,191,896

Expenses & distributions

Benefits paid
$450,638
Administrative expenses
$3,194
Total expenses
$457,577
Net increase / (decrease)
$3,734,319

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Next Financial GroupADVISOR$0$43,6062023
Fidelity Investments InstitutionalRECORDKEEPER$3,194$02023

Related Form 5500 pages