2023 Form 5500 filing — Burlington Automotive Group 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 20241014151809NAL0015190595001) for Burlington Automotive Group Profit Sharing Plan, reported by Burlington Automotive Group under EIN 23-2985205 and plan number 001. It reports 392 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014151809NAL0015190595001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Burlington Automotive Group
- EIN
- 23-2985205
- Plan number
- 001
- Location
- Burlington, NJ
- Participants
- 392
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,455,343
- Total liabilities (EOY)
- $33,444
- Net assets (EOY)
- $12,421,899
- Employer contributions
- $308,547
- Participant contributions
- $1,601,998
- Total income / additions
- $4,018,257
- Benefits paid
- $451,663
- Administrative expenses
- $54,180
- Total expenses
- $507,376
- Net increase / (decrease)
- $3,510,881
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Withum | ACCOUNTANT | $26,104 | not reported in the loaded dataset |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $20,271 | $0 |
| Legacy Retirement Solutions LLC | CONTRACT ADMINISTRATOR | $7,375 | $7,484 |
| Lpl Financial LLC | OTHER SERVICES | $0 | $13,069 |
| Charles Schwab & Co, Inc | BROKER/DEALER | $18 | not reported in the loaded dataset |