Elder Automotive Group 401(K) Plan — Form 5500 plan (Ibe Enterprises, LLC)
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, Elder Automotive Group 401(K) Plan is a benefit plan reported by Ibe Enterprises, LLC under EIN 81-4790668 and plan number 001. The latest loaded filing year is 2023. The filing reports 179 participants and $5,843,619 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibe Enterprises, LLC
- EIN
- 81-4790668
- Plan number
- 001
- Plan type
- 2
- Location
- Macomb, MI
- Latest filing year
- 2023
- Participants
- 179
- End-of-year plan assets
- $5,843,619
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 179 | H, C | 20241014110536NAL0051979554001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,843,619
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,843,619
- Net assets (BOY)
- $5,623,639
Income & contributions
- Employer contributions
- $13,111
- Participant contributions
- $234,547
- Total contributions
- $247,658
- Total income / additions
- $1,027,570
Expenses & distributions
- Benefits paid
- $751,661
- Administrative expenses
- $37,937
- Total expenses
- $807,590
- Net increase / (decrease)
- $219,980
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Jaffe Tilchin Investment Partners | INVESTMENT ADVISORY | $28,573 | not reported in the loaded dataset | 2023 |
| My Benefits, LLC | CONTRACT ADMIN | $5,817 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $4,713 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT. | $1,594 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibe Enterprises, LLC
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Macomb, MI
- Jaffe Tilchin Investment Partners — Schedule C compensation
- My Benefits, LLC — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation