Butler Automotive Group, Inc. 401(K) Retirement Plan — Form 5500 plan (Butler Automotive Group, 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, Butler Automotive Group, Inc. 401(K) Retirement Plan is a benefit plan reported by Butler Automotive Group, Inc. under EIN 58-2575912 and plan number 001. The latest loaded filing year is 2023. The filing reports 753 participants and $13,313,425 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$13.3MPlan net assets, end of year$13,313,425
Participants753Covered participants reported
Assets / participant$17.7KComputed: assets ÷ participants$17,681 (computed)
Provider compensation$5K1 Schedule C provider row(s)$5,044
Plan sponsor
Butler Automotive Group, Inc.
EIN
58-2575912
Plan number
001
Plan type
2
Location
Macon, GA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023753H, C20241010135025NAL0011529923001
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)$13.3M total assets
Net assets$13.3MLiabilities$0
Money in vs. money out
Total income / additions$4M
Total expenses$732.3K
Benefits paid / distributions$625.1K
Contributions
Employer$313.4K
Participant$1.9M
Full reported line items

Net assets

Total assets (EOY)
$13,313,425
Total liabilities (EOY)
$0
Net assets (EOY)
$13,313,425
Net assets (BOY)
$10,083,656

Income & contributions

Employer contributions
$313,363
Participant contributions
$1,883,296
Total contributions
$2,210,237
Total income / additions
$3,962,028

Expenses & distributions

Benefits paid
$625,076
Administrative expenses
$106,121
Total expenses
$732,259
Net increase / (decrease)
$3,229,769
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 14%Participant 86%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income16%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$5,044$02023

Related Form 5500 pages