Plan5500

Redline Automotive Merchandising LLC 401(K) Profit Sharing Plan And Trust — Form 5500 plan (Redline Automotive Merchandising 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, Redline Automotive Merchandising LLC 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Redline Automotive Merchandising LLC under EIN 45-4135566 and plan number 001. The latest loaded filing year is 2023. The filing reports 159 participants and $2,496,436 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2.5MPlan net assets, end of year$2,496,436
Participants159Covered participants reported
Assets / participant$15.7KComputed: assets ÷ participants$15,701 (computed)
Provider compensation$11.1K2 Schedule C provider row(s)$11,115
Plan sponsor
Redline Automotive Merchandising LLC
EIN
45-4135566
Plan number
001
Plan type
2
Location
Haddonfield, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023159H, C20241014103405NAL0013142419001
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)$2.5M total assets
Net assets$2.5MLiabilities$0
Money in vs. money out
Total income / additions$801K
Total expenses$418.9K
Benefits paid / distributions$407.8K
Contributions
Employer$177.6K
Participant$253.8K
Full reported line items

Net assets

Total assets (EOY)
$2,496,436
Total liabilities (EOY)
$0
Net assets (EOY)
$2,496,436
Net assets (BOY)
$2,114,397

Income & contributions

Employer contributions
$177,612
Participant contributions
$253,842
Total contributions
$431,454
Total income / additions
$800,957

Expenses & distributions

Benefits paid
$407,803
Administrative expenses
$11,115
Total expenses
$418,918
Net increase / (decrease)
$382,039
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.

Contribution share (employer vs. participant)
Employer 41%Participant 59%
Total expenses ÷ net assets17%Computed ratio
Benefits paid ÷ total income51%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Paychex, Inc.RECORDKEEPER$7,070not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$4,045$02023

Related Form 5500 pages