2023 Form 5500 filing — Peabody Motor Sports, Inc. 401(K) 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 20241008172202NAL0034551346001) for Peabody Motor Sports, Inc. 401(K) Profit Sharing Plan, reported by Peabody Motor Sports, Inc. under EIN 04-3200557 and plan number 001. It reports 574 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008172202NAL0034551346001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Peabody Motor Sports, Inc.
- EIN
- 04-3200557
- Plan number
- 001
- Location
- Peabody, MA
- Participants
- 574
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $36,549,171
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $36,549,171
- Employer contributions
- $502,738
- Participant contributions
- $2,951,655
- Total income / additions
- $8,877,451
- Benefits paid
- $3,366,622
- Administrative expenses
- $24,463
- Total expenses
- $3,439,864
- Net increase / (decrease)
- $5,437,587
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Morgan Stanley Smith Barney LLC | BROKER/ADVISER | $0 | $57,807 |
| Morgan Stanley Smith Barney | INVESTMENT ADVISOR | $0 | $17,926 |
| The Angell Pension Group Inc | CONTRACT ADMIN | $7,000 | $9,668 |
| Clifton Larson Allen Wealth Advisor | AUDITOR | $15,225 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $5,488 | $0 |