Bill Penney Huntsville 401(K) Plan — Form 5500 plan (Bill Penney Motor Company, 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, Bill Penney Huntsville 401(K) Plan is a benefit plan reported by Bill Penney Motor Company, Inc. under EIN 63-0626817 and plan number 001. The latest loaded filing year is 2023. The filing reports 241 participants and $3,033,770 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bill Penney Motor Company, Inc.
- EIN
- 63-0626817
- Plan number
- 001
- Plan type
- 2
- Location
- Huntsville, AL
- Latest filing year
- 2023
- Participants
- 241
- End-of-year plan assets
- $3,033,770
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 241 | H, C | 20240926144245NAL0001787890001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,033,770
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,033,770
- Net assets (BOY)
- $2,291,311
Income & contributions
- Participant contributions
- $499,056
- Total contributions
- $620,097
- Total income / additions
- $947,568
Expenses & distributions
- Benefits paid
- $186,204
- Administrative expenses
- $18,905
- Total expenses
- $205,109
- Net increase / (decrease)
- $742,459
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins Co Of America | RECORDKEEPER | $20,203 | $0 | 2023 |
| Morgan Stanley Smith Barney LLC | BROKER/ADVISOR | $0 | $12,823 | 2023 |
| National Automobile Dealers Assn | OTHER | $2,954 | not reported in the loaded dataset | 2023 |
| Stones River Consulting | CONTRACT ADMIN | $1,800 | not reported in the loaded dataset | 2023 |
| Capfinacial Partners LLC | OTHER | $492 | not reported in the loaded dataset | 2023 |
| Northeast Retirement Services, Inc. | OTHER | $7 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Bill Penney Motor Company, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in AL
- 401(k) and benefit plan filings in Huntsville, AL
- Empower Annuity Ins Co Of America — Schedule C compensation
- Morgan Stanley Smith Barney LLC — Schedule C compensation
- National Automobile Dealers Assn — Schedule C compensation
- Stones River Consulting — Schedule C compensation
- Capfinacial Partners LLC — Schedule C compensation
- Northeast Retirement Services, Inc. — Schedule C compensation