2023 Form 5500 filing — The King Group 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 20241011145240NAL0022093057001) for The King Group 401(K) Plan, reported by King Automotive Management LLC under EIN 27-1608330 and plan number 001. It reports 458 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011145240NAL0022093057001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- King Automotive Management LLC
- EIN
- 27-1608330
- Plan number
- 001
- Location
- Deerfield Beach, FL
- Participants
- 458
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $32,091,259
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,091,259
- Employer contributions
- $267,191
- Participant contributions
- $2,504,221
- Total income / additions
- $7,222,119
- Benefits paid
- $1,500,008
- Administrative expenses
- $96,976
- Total expenses
- $1,596,984
- Net increase / (decrease)
- $5,625,135
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $67,702 | $0 |
| Nfp Retirement | INVESTMENT ADVISORY | $29,274 | not reported in the loaded dataset |
| Nfp Retirement | CONSULTANT | $0 | $24,167 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |