Plan5500

Smart Motors, Inc. 401(K) Savings Plan — Form 5500 plan (Smart Motors, 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, Smart Motors, Inc. 401(K) Savings Plan is a benefit plan reported by Smart Motors, Inc. under EIN 39-0977617 and plan number 002. The latest loaded filing year is 2023. The filing reports 364 participants and $14,405,020 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Smart Motors, Inc.
EIN
39-0977617
Plan number
002
Plan type
2
Location
Madison, WI
Latest filing year
2023
Participants
364
End-of-year plan assets
$14,405,020

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023364H, C20241014133408NAL0015011379001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,405,020
Net assets (EOY)
$14,405,020
Net assets (BOY)
$11,720,916

Income & contributions

Employer contributions
$702,524
Participant contributions
$1,017,495
Total contributions
$1,722,361
Total income / additions
$3,583,000

Expenses & distributions

Benefits paid
$768,653
Administrative expenses
$109,335
Total expenses
$898,896
Net increase / (decrease)
$2,684,104

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
NationwideRECORDKEEPER$92,185not reported in the loaded dataset2023
Ameriprise Financial ServicesBROKER/ADVISORnot reported in the loaded dataset$36,6342023
Definiti, LLCTHIRD PARTY ADMIN.$17,155not reported in the loaded dataset2023

Related Form 5500 pages