Plan5500

Premium Velocity Auto, LLC Retirement Plan — Form 5500 plan (Premium Velocity Auto, 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, Premium Velocity Auto, LLC Retirement Plan is a benefit plan reported by Premium Velocity Auto, LLC under EIN 83-3555551 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,922 participants and $4,222,364 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.2MPlan net assets, end of year$4,222,364
Participants1.9KCovered participants reported1,922
Assets / participant$2.2KComputed: assets ÷ participants$2,197 (computed)
Provider compensation$15.1K1 Schedule C provider row(s)$15,139
Plan sponsor
Premium Velocity Auto, LLC
EIN
83-3555551
Plan number
001
Plan type
2
Location
Raleigh, NC
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    1,922 participants · 2Sch HSch C
    View filing →
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)$4.2M total assets
Net assets$4.2MLiabilities$0
Money in vs. money out
Total income / additions$3.6M
Total expenses$394.9K
Benefits paid / distributions$379.7K
Contributions
Employer$534.4K
Participant$918.6K
Full reported line items

Net assets

Total assets (EOY)
$4,222,364
Total liabilities (EOY)
$0
Net assets (EOY)
$4,222,364
Net assets (BOY)
$1,007,291

Income & contributions

Employer contributions
$534,374
Participant contributions
$918,637
Total contributions
$3,178,657
Total income / additions
$3,609,943

Expenses & distributions

Benefits paid
$379,731
Administrative expenses
$15,139
Total expenses
$394,870
Net increase / (decrease)
$3,215,073
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 37%Participant 63%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income11%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    The Vanguard Group, Inc.$15.1K
    NONE · Direct $15.1K · Indirect $0

Related Form 5500 pages