Balise Motor Sales Company 401(K) Retirement Plan — Form 5500 plan (Balise Motor Sales Company)
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, Balise Motor Sales Company 401(K) Retirement Plan is a benefit plan reported by Balise Motor Sales Company under EIN 55-0811490 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,425 participants and $38,424,195 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$38.3MPlan net assets, end of year$38,332,545
Participants1.4KCovered participants reported1,425
Assets / participant$27KComputed: assets ÷ participants$26,964 (computed)
Provider compensation$30.8K1 Schedule C provider row(s)$30,808
- Plan sponsor
- Balise Motor Sales Company
- EIN
- 55-0811490
- Plan number
- 002
- Plan type
- 2
- Location
- West Springfield, MA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,425 | H, C | 20240911135933NAL0008604833001 |
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)$38.4M total assets
Net assets$38.3MLiabilities$91.7K
Full reported line items
Net assets
- Total assets (EOY)
- $38,424,195
- Total liabilities (EOY)
- $91,650
- Net assets (EOY)
- $38,332,545
- Net assets (BOY)
- $31,793,723
Income & contributions
- Employer contributions
- $616,513
- Participant contributions
- $3,453,720
- Total contributions
- $4,177,808
- Total income / additions
- $9,685,312
Expenses & distributions
- Benefits paid
- $3,071,735
- Administrative expenses
- $34,295
- Total expenses
- $3,146,490
- Net increase / (decrease)
- $6,538,822
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.
15%85%
Employer 15%Participant 85%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income32%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sentinel Benefits Group, Inc. | N/A | $30,808 | not reported in the loaded dataset | 2023 |