Plan5500

Braman Dealerships 401(K) Plan — Form 5500 plan (Braman Motors, 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, Braman Dealerships 401(K) Plan is a benefit plan reported by Braman Motors, Inc. under EIN 65-0700829 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,403 participants and $56,515,661 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Braman Motors, Inc.
EIN
65-0700829
Plan number
001
Plan type
2
Location
Miami, FL
Latest filing year
2023
Participants
2,403
End-of-year plan assets
$56,515,661

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,403H, C20241204143249NAL0004401521001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$56,515,661
Total liabilities (EOY)
$0
Net assets (EOY)
$56,515,661
Net assets (BOY)
$46,360,315

Income & contributions

Employer contributions
$180,469
Participant contributions
$5,743,477
Total contributions
$7,658,446
Total income / additions
$17,707,340

Expenses & distributions

Benefits paid
$7,067,118
Administrative expenses
$196,108
Total expenses
$7,551,994
Net increase / (decrease)
$10,155,346

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Voya Retirement Insurance & AnnuitySERVICE PROVIDER$196,108not reported in the loaded dataset2023
Osaic Wealth Inc.BROKER/DEALER$0$118,7522023

Related Form 5500 pages