2023 Form 5500 filing — Balise Motor Sales Company 401(K) Retirement 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 20240911135933NAL0008604833001) for Balise Motor Sales Company 401(K) Retirement Plan, reported by Balise Motor Sales Company under EIN 55-0811490 and plan number 002. It reports 1,425 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$38.3MReported net assets$38,332,545
Participants1.4K1,425
Provider compensation$30.8K1 Schedule C row(s)$30,808
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240911135933NAL0008604833001
- Plan sponsor
- Balise Motor Sales Company
- EIN
- 55-0811490
- Plan number
- 002
- Location
- West Springfield, MA
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$38.4M total assets
Net assets$38.3MLiabilities$91.7K
Full reported line items
- Total assets (EOY)
- $38,424,195
- Total liabilities (EOY)
- $91,650
- Net assets (EOY)
- $38,332,545
- Employer contributions
- $616,513
- Participant contributions
- $3,453,720
- Total income / additions
- $9,685,312
- Benefits paid
- $3,071,735
- Administrative expenses
- $34,295
- Total expenses
- $3,146,490
- Net increase / (decrease)
- $6,538,822
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Sentinel Benefits Group, Inc. | N/A | $30,808 | not reported in the loaded dataset |