2023 Form 5500 filing — Cannon Chevrolet Cadillac 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 20241014090559NAL0014677059001) for Cannon Chevrolet Cadillac 401(K) Plan, reported by Cannon Chevrolet Cadillac under EIN 64-0946947 and plan number 001. It reports 660 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014090559NAL0014677059001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cannon Chevrolet Cadillac
- EIN
- 64-0946947
- Plan number
- 001
- Location
- Greenwood, MS
- Participants
- 660
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,865,539
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,865,539
- Employer contributions
- $441,674
- Participant contributions
- $808,532
- Total income / additions
- $3,579,038
- Benefits paid
- $537,783
- Administrative expenses
- $61,873
- Total expenses
- $599,656
- Net increase / (decrease)
- $2,979,382
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $50,241 | $0 |
| Massachusetts Mutual Life Ins Comp | BROKER/ADVISOR | $0 | $22,387 |
| Ares Retirement Plan Services | CONTRACT ADMIN | $8,180 | $5,829 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $4,844 | not reported in the loaded dataset |