2023 Form 5500 filing — Automotive Racing Products, Inc. Profit Sharing 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 20240918121958NAL0007766736001) for Automotive Racing Products, Inc. Profit Sharing Plan, reported by Automotive Racing Products, Inc. under EIN 95-2989549 and plan number 001. It reports 288 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240918121958NAL0007766736001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Automotive Racing Products, Inc.
- EIN
- 95-2989549
- Plan number
- 001
- Location
- Ventura, CA
- Participants
- 288
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,066,249
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,066,249
- Employer contributions
- $974,309
- Total income / additions
- $3,126,447
- Benefits paid
- $250,020
- Administrative expenses
- $23,864
- Total expenses
- $273,884
- Net increase / (decrease)
- $2,852,563
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Onedigital Investment Advisors | RIA | $8,958 | $0 |
| John Hancock Usa | RECORDKEEPER | $425 | $0 |