2023 Form 5500 filing — Cornerstone Auto Group, 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 20240926082142NAL0000375825001) for Cornerstone Auto Group, LLC 401(K) Plan, reported by Cornerstone Auto Group, LLC under EIN 41-0985668 and plan number 001. It reports 286 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240926082142NAL0000375825001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cornerstone Auto Group, LLC
- EIN
- 41-0985668
- Plan number
- 001
- Location
- Elk River, MN
- Participants
- 286
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,372,129
- Total liabilities (EOY)
- $5,051
- Net assets (EOY)
- $13,367,078
- Employer contributions
- $253,628
- Participant contributions
- $897,231
- Total income / additions
- $2,934,431
- Benefits paid
- $649,367
- Administrative expenses
- $46,899
- Total expenses
- $696,266
- Net increase / (decrease)
- $2,238,165
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alerus Financial, N.A. | NONE | $29,024 | $0 |
| Intellicents Inc. | NONE | $17,875 | not reported in the loaded dataset |