Tamiami Ford, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Tamiami Ford, 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, Tamiami Ford, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Tamiami Ford, Inc. under EIN 59-1480120 and plan number 001. The latest loaded filing year is 2023. The filing reports 224 participants and $7,793,540 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.8MPlan net assets, end of year$7,793,540
Participants224Covered participants reported
Assets / participant$34.8KComputed: assets ÷ participants$34,793 (computed)
Provider compensation$45.9K3 Schedule C provider row(s)$45,897
Plan sponsor
Tamiami Ford, Inc.
EIN
59-1480120
Plan number
001
Plan type
2
Location
Naples, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023224H, C20241008080219NAL0028123104001
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)$7.8M total assets
Net assets$7.8MLiabilities
Money in vs. money out
Total income / additions$2.3M
Total expenses$688.4K
Benefits paid / distributions$649K
Contributions
Employer$166.2K
Participant$1.1M
Full reported line items

Net assets

Total assets (EOY)
$7,793,540
Net assets (EOY)
$7,793,540
Net assets (BOY)
$6,153,800

Income & contributions

Employer contributions
$166,233
Participant contributions
$1,079,879
Total contributions
$1,246,112
Total income / additions
$2,328,135

Expenses & distributions

Benefits paid
$648,979
Administrative expenses
$39,416
Total expenses
$688,395
Net increase / (decrease)
$1,639,740
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 13%Participant 87%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income28%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Nfp Retirement Inc. Dba 401kINVESTMENT ADVISOR$23,581not reported in the loaded dataset2023
Empower Annuity Ins. Co. Of AmericaRECORDKEEPER$15,358not reported in the loaded dataset2023
Pension Financial Services, Inc.CONTRACT ADMIN$0$6,9582023

Related Form 5500 pages