2023 Form 5500 filing — Fred Martin Motor Company 401(K) Profit Sharing Plan & Trust
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 20241012170051NAL0013496435001) for Fred Martin Motor Company 401(K) Profit Sharing Plan & Trust, reported by Fred Martin Motor Company under EIN 34-1658876 and plan number 001. It reports 390 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241012170051NAL0013496435001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Fred Martin Motor Company
- EIN
- 34-1658876
- Plan number
- 001
- Location
- Barberton, OH
- Participants
- 390
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,508,542
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,508,542
- Employer contributions
- $354,391
- Participant contributions
- $1,250,927
- Total income / additions
- $4,241,088
- Benefits paid
- $1,509,365
- Administrative expenses
- $73,514
- Total expenses
- $1,582,879
- Net increase / (decrease)
- $2,658,209
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lpl Financial | FINANCIAL ADVISOR | $32,784 | not reported in the loaded dataset |
| Ascensus LLC | RECORDKEEPER | $31,205 | $289 |
| Futureplan (Ascensus) | TPA | $7,298 | not reported in the loaded dataset |
| Trinity Pension Consultants, Inc. | TPA | $2,227 | not reported in the loaded dataset |