2023 Form 5500 filing — Lancaster County Motors, Inc. Savings 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 20241015104113NAL0029285009001) for Lancaster County Motors, Inc. Savings Plan, reported by Lancaster County Motors, Inc. under EIN 23-1416596 and plan number 001. It reports 267 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015104113NAL0029285009001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lancaster County Motors, Inc.
- EIN
- 23-1416596
- Plan number
- 001
- Location
- East Petersburg, PA
- Participants
- 267
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,221,655
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,221,655
- Employer contributions
- $273,309
- Participant contributions
- $1,107,109
- Total income / additions
- $2,918,019
- Benefits paid
- $569,000
- Administrative expenses
- $64,804
- Total expenses
- $695,649
- Net increase / (decrease)
- $2,222,370
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cornerstone Advisors Asset Manageme | ADVISOR | $46,381 | not reported in the loaded dataset |
| Newport Group, Inc. | RECORDKEEPER | $16,670 | $0 |