Cornerstone Auto Group, LLC 401(K) Plan — Form 5500 plan (Cornerstone Auto Group, 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, Cornerstone Auto Group, LLC 401(K) Plan is a benefit plan reported by Cornerstone Auto Group, LLC under EIN 41-0985668 and plan number 001. The latest loaded filing year is 2023. The filing reports 286 participants and $13,372,129 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Cornerstone Auto Group, LLC
EIN
41-0985668
Plan number
001
Plan type
2
Location
Elk River, MN
Latest filing year
2023
Participants
286
End-of-year plan assets
$13,372,129

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023286H, C20240926082142NAL0000375825001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$13,372,129
Total liabilities (EOY)
$5,051
Net assets (EOY)
$13,367,078
Net assets (BOY)
$11,128,913

Income & contributions

Employer contributions
$253,628
Participant contributions
$897,231
Total contributions
$1,196,736
Total income / additions
$2,934,431

Expenses & distributions

Benefits paid
$649,367
Administrative expenses
$46,899
Total expenses
$696,266
Net increase / (decrease)
$2,238,165

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Alerus Financial, N.A.NONE$29,024$02023
Intellicents Inc.NONE$17,875not reported in the loaded dataset2023

Related Form 5500 pages