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, Korum Automotive Group, Inc. Salary Deferral 401(K) Plan is a benefit plan reported by Korum Automotive Group, Inc. under EIN 91-2010963 and plan number 001. The latest loaded filing year is 2023. The filing reports 157 participants and $14,922,716 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,922,716
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,922,716
- Net assets (BOY)
- $12,969,136
Income & contributions
- Employer contributions
- $255,225
- Participant contributions
- $666,813
- Total contributions
- $1,034,825
- Total income / additions
- $3,326,635
Expenses & distributions
- Benefits paid
- $1,314,362
- Administrative expenses
- $58,693
- Total expenses
- $1,373,055
- Net increase / (decrease)
- $1,953,580