Priority Richmond Group 401(K) & Profit Sharing Plan — Form 5500 plan (Asgard Automotive, 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, Priority Richmond Group 401(K) & Profit Sharing Plan is a benefit plan reported by Asgard Automotive, Inc. under EIN 47-1996407 and plan number 001. The latest loaded filing year is 2023. The filing reports 346 participants and $4,668,470 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Asgard Automotive, Inc.
EIN
47-1996407
Plan number
001
Plan type
2
Location
Chester, VA
Latest filing year
2023
Participants
346
End-of-year plan assets
$4,668,470

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023346H, C20241009104211NAL0032453088001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$4,668,470
Total liabilities (EOY)
$0
Net assets (EOY)
$4,668,470
Net assets (BOY)
$3,911,422

Income & contributions

Employer contributions
$98,365
Participant contributions
$622,202
Total contributions
$720,567
Total income / additions
$1,383,744

Expenses & distributions

Benefits paid
$610,858
Administrative expenses
$15,838
Total expenses
$626,696
Net increase / (decrease)
$757,048

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$15,838$02023
Tbs Agency IncOTHER SERVICES$0$7172023

Related Form 5500 pages