2023 Form 5500 filing — New Century Bmw, Inc. 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 20241015190005NAL0029443425001) for New Century Bmw, Inc. 401(K) Plan, reported by New Century Alhambra Automobiles Inc.Dba New Century Bmw under EIN 95-4349522 and plan number 001. It reports 425 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015190005NAL0029443425001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- New Century Alhambra Automobiles Inc.Dba New Century Bmw
- EIN
- 95-4349522
- Plan number
- 001
- Location
- Alhambra, CA
- Participants
- 425
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,881,887
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,881,887
- Employer contributions
- $118,449
- Participant contributions
- $908,467
- Total income / additions
- $3,085,435
- Benefits paid
- $1,134,669
- Administrative expenses
- $25,171
- Total expenses
- $1,207,100
- Net increase / (decrease)
- $1,878,335
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Futureplan By Ascensus | NONE | $22,229 | not reported in the loaded dataset |
| John Hancock Life Insurance Company | RECORDKEEPER | $572 | $0 |