Crain Automotive Team 401(K) Plan — Form 5500 plan (Crain Automotive Holdings, 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, Crain Automotive Team 401(K) Plan is a benefit plan reported by Crain Automotive Holdings, LLC under EIN 52-2173821 and plan number 001. The latest loaded filing year is 2023. The filing reports 877 participants and $7,563,160 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.6MPlan net assets, end of year$7,563,160
Participants877Covered participants reported
Assets / participant$8.6KComputed: assets ÷ participants$8,624 (computed)
Provider compensation$7.3K1 Schedule C provider row(s)$7,340
Plan sponsor
Crain Automotive Holdings, LLC
EIN
52-2173821
Plan number
001
Plan type
2
Location
Sherwood, AR
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023877H, C20241011133924NAL0021958129001
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)$7.6M total assets
Net assets$7.6MLiabilities$0
Money in vs. money out
Total income / additions$2.6M
Total expenses$1.5M
Benefits paid / distributions$1.4M
Contributions
Employer$228.7K
Participant$1.2M
Full reported line items

Net assets

Total assets (EOY)
$7,563,160
Total liabilities (EOY)
$0
Net assets (EOY)
$7,563,160
Net assets (BOY)
$6,507,687

Income & contributions

Employer contributions
$228,749
Participant contributions
$1,150,653
Total contributions
$1,379,402
Total income / additions
$2,554,409

Expenses & distributions

Benefits paid
$1,395,426
Administrative expenses
$94,656
Total expenses
$1,498,936
Net increase / (decrease)
$1,055,473
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 17%Participant 83%
Total expenses ÷ net assets20%Computed ratio
Benefits paid ÷ total income55%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Life Insurance CompanyRECORDKEEPER$7,340$02023

Related Form 5500 pages