2023 Form 5500 filing — The Frederick Motor Company 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 20241009121846NAL0018274289001) for The Frederick Motor Company 401(K) Profit Sharing Plan, reported by The Frederick Motor Company under EIN 52-0319150 and plan number 002. It reports 131 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009121846NAL0018274289001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Frederick Motor Company
- EIN
- 52-0319150
- Plan number
- 002
- Location
- Frederick, MD
- Participants
- 131
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,736,111
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,736,111
- Employer contributions
- $181,810
- Participant contributions
- $419,981
- Total income / additions
- $1,836,797
- Benefits paid
- $561,459
- Administrative expenses
- $53,283
- Total expenses
- $619,932
- Net increase / (decrease)
- $1,216,865
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Co | CONTRACT ADMINISTRATOR | $47,236 | $0 |
| Sbhu Life Agency | OTHER SERVICES | $0 | $25,850 |
| Tiger'S Eye Benefits Consulting | CONTRACT ADMINISTRATOR | $6,090 | $4,104 |