2023 Form 5500 filing — Boardwalk Auto Center, Inc. Profit Sharing 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 20241015132131NAL0049590528001) for Boardwalk Auto Center, Inc. Profit Sharing 401(K) Plan, reported by Boardwalk Auto Center, Inc. under EIN 94-2638147 and plan number 001. It reports 70 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015132131NAL0049590528001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Boardwalk Auto Center, Inc.
- EIN
- 94-2638147
- Plan number
- 001
- Location
- Redwood City, CA
- Participants
- 70
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,536,804
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,536,804
- Employer contributions
- $0
- Participant contributions
- $327,589
- Total income / additions
- $1,605,668
- Benefits paid
- $3,431,404
- Administrative expenses
- $10,594
- Total expenses
- $3,444,823
- Net increase / (decrease)
- -$1,839,155
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $8,463 | $0 |
| Morgan Stanley Smith Barney LLC | BROKER/ADVISER | $0 | $6,329 |
| Morgan Stanley Insurance Services I | BROKER/ADVISER | $0 | $2,168 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $30 | not reported in the loaded dataset |