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, South Bay Ford, Inc. And Ford West 401(K) Plan is a benefit plan reported by South Bay Ford under EIN 95-4451497 and plan number 001. The latest loaded filing year is 2023. The filing reports 220 participants and $8,985,171 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,985,171
- Net assets (EOY)
- $8,985,171
- Net assets (BOY)
- $7,017,226
Income & contributions
- Employer contributions
- $149,862
- Participant contributions
- $697,129
- Total contributions
- $975,294
- Total income / additions
- $2,109,892
Expenses & distributions
- Benefits paid
- $104,899
- Administrative expenses
- $37,048
- Total expenses
- $141,947
- Net increase / (decrease)
- $1,967,945