2023 Form 5500 filing — Motor City Fastener, LLC 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240724103753NAL0012499745001) for Motor City Fastener, LLC 401(K) Plan, reported by Motor City Fastener, LLC under EIN 47-4264701 and plan number 001. It reports 258 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240724103753NAL0012499745001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Motor City Fastener, LLC
- EIN
- 47-4264701
- Plan number
- 001
- Location
- Hazel Park, MI
- Participants
- 258
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Employer contributions
- $0
- Participant contributions
- $0
- Total income / additions
- $159,920
- Benefits paid
- $3,961,520
- Administrative expenses
- $20,603
- Total expenses
- $3,982,123
- Net increase / (decrease)
- -$3,822,203
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $20,603 | $0 |
| Kovack Securities, Inc. | BROKER/ADVISOR | $0 | $3,262 |