Charlie'S Motor Mall, Inc. 401(K) Retirement Savings Plan — Form 5500 plan (Charlie'S Motor Mall, Inc.)

Plain-English plan 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, Charlie'S Motor Mall, Inc. 401(K) Retirement Savings Plan is a benefit plan reported by Charlie'S Motor Mall, Inc. under EIN 01-0414931 and plan number 001. The latest loaded filing year is 2023. The filing reports 260 participants and $18,603,279 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Charlie'S Motor Mall, Inc.
EIN
01-0414931
Plan number
001
Plan type
2
Location
Augusta, ME
Latest filing year
2023
Participants
260
End-of-year plan assets
$18,603,279

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023260H, C20241010134811NAL0035876544001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$18,603,279
Total liabilities (EOY)
$0
Net assets (EOY)
$18,603,279
Net assets (BOY)
$15,760,871

Income & contributions

Employer contributions
$231,466
Participant contributions
$1,296,873
Total contributions
$1,529,819
Total income / additions
$4,325,007

Expenses & distributions

Benefits paid
$1,353,082
Administrative expenses
$71,957
Total expenses
$1,482,599
Net increase / (decrease)
$2,842,408

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$71,957$02023
Valmark AdvisersINVESTMENT ADVISORY$0$23,7782023
Charlies Motor Mall IncACCOUNTANT$0$9,3402023

Related Form 5500 pages