Sc Automobile Dealers Association Employee Benefit — Form 5500 plan (Sc Automobile Dealers Association Employee Benefit Trust)

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, Sc Automobile Dealers Association Employee Benefit is a benefit plan reported by Sc Automobile Dealers Association Employee Benefit Trust under EIN 57-6089650 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,531 participants and $36,239 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.8KPlan net assets, end of year$3,789
Participants1.5KCovered participants reported1,531
Assets / participant$24Computed: assets ÷ participants$24 (computed)
Provider compensation$18.5K2 Schedule C provider row(s)$18,535
Plan sponsor
Sc Automobile Dealers Association Employee Benefit Trust
EIN
57-6089650
Plan number
501
Plan type
3
Location
Columbia, SC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,531H, C20241114100153NAL0018319153002
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)$36.2K total assets
Net assets$3.8KLiabilities$32.5K
Money in vs. money out
Total income / additions$15.6M
Total expenses$15.6M
Benefits paid / distributions$15.6M
Contributions
Employer$15.6M
Participant$55.1K
Full reported line items

Net assets

Total assets (EOY)
$36,239
Total liabilities (EOY)
$32,450
Net assets (EOY)
$3,789
Net assets (BOY)
$4,824

Income & contributions

Employer contributions
$15,566,643
Participant contributions
$55,138
Total contributions
$15,621,781
Total income / additions
$15,639,281

Expenses & distributions

Benefits paid
$15,621,781
Administrative expenses
$18,535
Total expenses
$15,640,316
Net increase / (decrease)
-$1,035
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 100%Participant 0%
Total expenses ÷ net assets412782%Computed ratio
Benefits paid ÷ total income100%Computed ratio
Provider comp. ÷ net assets489%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Mcgregor And Company, LlpNONE$12,500not reported in the loaded dataset2023
First Citizens BankNONE$6,035not reported in the loaded dataset2023

Related Form 5500 pages