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, Motor City 401(K) Savings & Investment Plan is a benefit plan reported by Motor City Sales & Service, Inc. under EIN 95-2367150 and plan number 001. The latest loaded filing year is 2023. The filing reports 316 participants and $12,447,420 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,447,420
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,447,420
- Net assets (BOY)
- $10,090,709
Income & contributions
- Participant contributions
- $1,010,464
- Total contributions
- $1,010,464
- Total income / additions
- $2,589,233
Expenses & distributions
- Benefits paid
- $226,522
- Administrative expenses
- $6,000
- Total expenses
- $232,522
- Net increase / (decrease)
- $2,356,711