2023 Form 5500 filing — My Automotive 401(K) 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 20241014170201NAL0015330979001) for My Automotive 401(K) Plan & Trust, reported by My Chevrolet, Inc. under EIN 20-4184509 and plan number 001. It reports 186 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014170201NAL0015330979001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- My Chevrolet, Inc.
- EIN
- 20-4184509
- Plan number
- 001
- Location
- Salinas, CA
- Participants
- 186
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,170,496
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,170,496
- Employer contributions
- $0
- Participant contributions
- $523,519
- Total income / additions
- $1,762,023
- Benefits paid
- $462,650
- Administrative expenses
- $34,724
- Total expenses
- $537,060
- Net increase / (decrease)
- $1,224,963
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nexus Administrators, Inc. | TPA | $1,750 | $68,119 |
| Empower Annuity Insurance Company | RECORDKEEPER | $29,370 | $0 |
| Ubs Financial Services Ins Agency | INVESTMENT ADVISOR | $27,443 | $0 |
| Empower Annuity Ins Co Of America | RECORDKEEPER | not reported in the loaded dataset | not reported in the loaded dataset |
| Nexus Administrators, Inc. | CONTRACT ADMIN | not reported in the loaded dataset | not reported in the loaded dataset |