European Motors, Ltd. 401(K) Profit Sharing Plan — Form 5500 plan (Euromotors, Inc. D/B/A Mercedes Benz Of San Francisco)

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, European Motors, Ltd. 401(K) Profit Sharing Plan is a benefit plan reported by Euromotors, Inc. D/B/A Mercedes Benz Of San Francisco under EIN 94-1565174 and plan number 003. The latest loaded filing year is 2023. The filing reports 455 participants and $22,884,923 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$22.9MPlan net assets, end of year$22,884,923
Participants455Covered participants reported
Assets / participant$50.3KComputed: assets ÷ participants$50,297 (computed)
Provider compensation$64.6K3 Schedule C provider row(s)$64,551
Plan sponsor
Euromotors, Inc. D/B/A Mercedes Benz Of San Francisco
EIN
94-1565174
Plan number
003
Plan type
3
Location
South San Francisco, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023455H, C20241014111247NAL0053258818001
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)$22.9M total assets
Net assets$22.9MLiabilities$0
Money in vs. money out
Total income / additions$5.9M
Total expenses$2.3M
Benefits paid / distributions$2.1M
Contributions
Employer$0
Participant$1.5M
Full reported line items

Net assets

Total assets (EOY)
$22,884,923
Total liabilities (EOY)
$0
Net assets (EOY)
$22,884,923
Net assets (BOY)
$19,256,515

Income & contributions

Employer contributions
$0
Participant contributions
$1,540,722
Total contributions
$1,600,965
Total income / additions
$5,888,471

Expenses & distributions

Benefits paid
$2,148,895
Administrative expenses
$64,551
Total expenses
$2,260,063
Net increase / (decrease)
$3,628,408
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 0%Participant 100%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income36%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$29,551$02023
Concurrent Investment Advisors LLCINVESTMENT ADVISOR$17,500not reported in the loaded dataset2023
Raymond JamesINVESTMENT ADVISOR$17,500not reported in the loaded dataset2023

Related Form 5500 pages