2023 Form 5500 filing — Global Automotive Systems 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 20240927140235NAL0002190817001) for Global Automotive Systems 401(K) Retirement Plan, reported by Global Automotive Systems, LLC under EIN 86-2730587 and plan number 002. It reports 516 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240927140235NAL0002190817001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Global Automotive Systems, LLC
- EIN
- 86-2730587
- Plan number
- 002
- Location
- Rochester Hills, MI
- Participants
- 516
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $17,981,717
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,981,717
- Employer contributions
- $573,939
- Participant contributions
- $988,836
- Total income / additions
- $5,412,788
- Benefits paid
- $7,486,652
- Administrative expenses
- $99,687
- Total expenses
- $7,589,263
- Net increase / (decrease)
- -$2,176,475
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $42,954 | $0 |
| Gregory J Schwartz & Co Inc | ADVISOR | $36,746 | not reported in the loaded dataset |
| Yeo & Yeo Pc | ACCOUNTANT/AUDITOR | $19,200 | not reported in the loaded dataset |