2023 Form 5500 filing — Basney Dealer Group 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 20240925135113NAL0005487731001) for Basney Dealer Group 401(K) Retirement Plan, reported by Basney Imports, Inc. under EIN 35-1283526 and plan number 001. It reports 125 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240925135113NAL0005487731001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Basney Imports, Inc.
- EIN
- 35-1283526
- Plan number
- 001
- Location
- South Bend, IN
- Participants
- 125
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,987,681
- Net assets (EOY)
- $11,987,681
- Employer contributions
- $117,958
- Participant contributions
- $477,208
- Total income / additions
- $2,766,457
- Benefits paid
- $1,047,709
- Administrative expenses
- $6,786
- Total expenses
- $1,058,750
- Net increase / (decrease)
- $1,707,707
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Hub International Limited | BROKER | $0 | $37,522 |
| Transamerica Life Insurance Company | RECORDKEEPER | $6,786 | $0 |