2023 Form 5500 filing — Southern Auto Sales, Inc. Master 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 20241011102641NAL0036653696001) for Southern Auto Sales, Inc. Master Profit Sharing Plan, reported by Southern Auto Sales, Inc. under EIN 06-0705740 and plan number 001. It reports 246 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011102641NAL0036653696001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Southern Auto Sales, Inc.
- EIN
- 06-0705740
- Plan number
- 001
- Location
- East Windsor, CT
- Participants
- 246
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $30,623,946
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,623,946
- Employer contributions
- $438,911
- Participant contributions
- $641,063
- Total income / additions
- $4,963,462
- Benefits paid
- $2,968,517
- Administrative expenses
- $131,219
- Total expenses
- $3,099,736
- Net increase / (decrease)
- $1,863,726
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Bobrow & Company | ACCOUNTANT | $37,000 | not reported in the loaded dataset |
| Bradley, Foster & Sargent, Inc. | INVESTMENT ADVISORS | $32,599 | not reported in the loaded dataset |
| Ubs | INVESTMENT MGMT | $24,894 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $23,276 | $0 |
| Mml Investors | BROKER | $0 | $18,620 |
| Pension Consultants, Inc. | TPA | $13,425 | not reported in the loaded dataset |