Mackin & Son Automotive, Inc. Profit Sharing Plan — Form 5500 plan (Mackin & Son 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, Mackin & Son Automotive, Inc. Profit Sharing Plan is a benefit plan reported by Mackin & Son Automotive, Inc. under EIN 93-0661919 and plan number 001. The latest loaded filing year is 2023. The filing reports 136 participants and $4,096,395 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$4.1MPlan net assets, end of year$4,096,395
Participants136Covered participants reported
Assets / participant$30.1KComputed: assets ÷ participants$30,121 (computed)
Provider compensation$31.2K2 Schedule C provider row(s)$31,192
- Plan sponsor
- Mackin & Son Automotive, Inc.
- EIN
- 93-0661919
- Plan number
- 001
- Plan type
- 2
- Location
- Vancouver, WA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 136 | H, C | 20241015063851NAL0014164787001 |
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)$4.1M total assets
Net assets$4.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $4,096,395
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,096,395
- Net assets (BOY)
- $3,135,073
Income & contributions
- Employer contributions
- $54,145
- Participant contributions
- $461,701
- Total contributions
- $515,846
- Total income / additions
- $1,138,321
Expenses & distributions
- Benefits paid
- $129,960
- Administrative expenses
- $31,193
- Total expenses
- $176,999
- Net increase / (decrease)
- $961,322
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.
90%
Employer 10%Participant 90%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income11%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $20,905 | $0 | 2023 |
| Pinnacle Wealth Advisors | INVESTMENT/FINANCIAL ADVI | $10,287 | $0 | 2023 |