Sellers Gm 401(K) Profit Sharing Plan — Form 5500 plan (Sellers Automotive, 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, Sellers Gm 401(K) Profit Sharing Plan is a benefit plan reported by Sellers Automotive, Inc. under EIN 83-2479985 and plan number 001. The latest loaded filing year is 2023. The filing reports 139 participants and $0 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$0Plan net assets, end of year
Participants139Covered participants reported
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensation$51.3K2 Schedule C provider row(s)$51,312
Plan sponsor
Sellers Automotive, Inc.
EIN
83-2479985
Plan number
001
Plan type
2
Location
Farmington Hills, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023139H, C20240617074835NAL0000908753001
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.

Money in vs. money out
Total income / additions$895.6K
Total expenses$7.7M
Benefits paid / distributions$7.7M
Contributions
Employer$44.8K
Participant$146.7K
Full reported line items

Net assets

Total assets (EOY)
$0
Total liabilities (EOY)
$0
Net assets (EOY)
$0
Net assets (BOY)
$6,843,044

Income & contributions

Employer contributions
$44,773
Participant contributions
$146,710
Total contributions
$191,483
Total income / additions
$895,555

Expenses & distributions

Benefits paid
$7,653,221
Administrative expenses
$56,203
Total expenses
$7,738,599
Net increase / (decrease)
-$6,843,044
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 23%Participant 77%
Benefits paid ÷ total income855%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Grant, Millman & Johnson, P.C.NONE$26,792not reported in the loaded dataset2023
Sentinel Benefits Group, Inc.NONE$24,520not reported in the loaded dataset2023

Related Form 5500 pages