2023 Form 5500 filing — Young Truck Sales, Inc. 401 (K) 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 20241011092506NAL0012323347001) for Young Truck Sales, Inc. 401 (K) Plan, reported by Young Truck Sales, Inc under EIN 34-0770683 and plan number 002. It reports 189 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011092506NAL0012323347001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Young Truck Sales, Inc
- EIN
- 34-0770683
- Plan number
- 002
- Location
- Canton, OH
- Participants
- 189
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,165,431
- Net assets (EOY)
- $10,165,431
- Employer contributions
- $331,291
- Participant contributions
- $734,926
- Total income / additions
- $2,271,211
- Benefits paid
- $712,452
- Administrative expenses
- $47,881
- Total expenses
- $760,333
- Net increase / (decrease)
- $1,510,878
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $47,588 | $0 |
| Enza Financial LLC | INVESTMENT ADVISORY | $0 | $18,458 |