2023 Form 5500 filing — Richmond Ford, LLC Salary Deferral 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 20241010090400NAL0019843201001) for Richmond Ford, LLC Salary Deferral 401(K) Profit Sharing Plan, reported by Richmond Ford, LLC under EIN 32-0046035 and plan number 001. It reports 213 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010090400NAL0019843201001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Richmond Ford, LLC
- EIN
- 32-0046035
- Plan number
- 001
- Location
- Richmond, VA
- Participants
- 213
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,919,927
- Total liabilities (EOY)
- $780
- Net assets (EOY)
- $8,919,147
- Employer contributions
- $216,754
- Participant contributions
- $897,931
- Total income / additions
- $2,303,985
- Benefits paid
- $1,372,054
- Administrative expenses
- $36,243
- Total expenses
- $1,459,314
- Net increase / (decrease)
- $844,671
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wealth Enhancement Adv Services LLC | INVESTMENT ADVISORY | $25,271 | not reported in the loaded dataset |
| John Hancock Life Insurance Company | RECORDKEEPER | $7,625 | not reported in the loaded dataset |