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, New Century Bmw, Inc. 401(K) Plan is a benefit plan reported by New Century Alhambra Automobiles Inc.Dba New Century Bmw under EIN 95-4349522 and plan number 001. The latest loaded filing year is 2023. The filing reports 425 participants and $12,881,887 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,881,887
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,881,887
- Net assets (BOY)
- $11,003,552
Income & contributions
- Employer contributions
- $118,449
- Participant contributions
- $908,467
- Total contributions
- $1,026,916
- Total income / additions
- $3,085,435
Expenses & distributions
- Benefits paid
- $1,134,669
- Administrative expenses
- $25,171
- Total expenses
- $1,207,100
- Net increase / (decrease)
- $1,878,335