2023 Form 5500 filing — Doherty Auto Group 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 20241015131450NAL0028538561001) for Doherty Auto Group 401(K) Plan, reported by Memorial Motors, Inc. under EIN 59-1602368 and plan number 002. It reports 2,576 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015131450NAL0028538561001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Memorial Motors, Inc.
- EIN
- 59-1602368
- Plan number
- 002
- Location
- Lakeland, FL
- Participants
- 2,576
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,767,646
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,767,646
- Employer contributions
- $574,914
- Participant contributions
- $3,366,970
- Total income / additions
- $7,811,487
- Benefits paid
- $1,847,446
- Administrative expenses
- $136,305
- Total expenses
- $1,983,751
- Net increase / (decrease)
- $5,827,736
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $121,055 | $0 |
| Principal Securities Inc | OTHER SERVICES | $0 | $33,652 |
| Janet A. Panebianco, Cpa, Pllc | CONTRACT ADMINISTRATOR | $15,250 | $8,442 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |