2023 Form 5500 filing — Summit Racing Equipment 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 20241009130157NAL0010622131001) for Summit Racing Equipment Retirement Plan, reported by Autosales, Inc. Dba Summit Racing Equipment under EIN 34-1117102 and plan number 001. It reports 2,230 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009130157NAL0010622131001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Autosales, Inc. Dba Summit Racing Equipment
- EIN
- 34-1117102
- Plan number
- 001
- Location
- Tallmadge, OH
- Participants
- 2,230
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $213,524,508
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $213,524,508
- Employer contributions
- $8,939,689
- Participant contributions
- $7,269,346
- Total income / additions
- $52,361,305
- Benefits paid
- $6,888,142
- Administrative expenses
- $229,590
- Total expenses
- $7,120,529
- Net increase / (decrease)
- $45,240,776
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $112,675 | $0 |
| Ubs | CONSULTANT | $94,416 | not reported in the loaded dataset |
| Pease, Cpas | ACCOUNTANT/AUDITOR | $22,500 | not reported in the loaded dataset |