Stoneham Motors Co., Inc. Retirement Plan — Form 5500 plan (Stoneham Motors Co., 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, Stoneham Motors Co., Inc. Retirement Plan is a benefit plan reported by Stoneham Motors Co., Inc. under EIN 04-2532202 and plan number 001. The latest loaded filing year is 2023. The filing reports 213 participants and $19,442,401 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Stoneham Motors Co., Inc.
EIN
04-2532202
Plan number
001
Plan type
2
Location
Stoneham, MA
Latest filing year
2023
Participants
213
End-of-year plan assets
$19,442,401

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023213H, C20240925141249NAL0029314274001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$19,442,401
Total liabilities (EOY)
$0
Net assets (EOY)
$19,442,401
Net assets (BOY)
$17,762,516

Income & contributions

Employer contributions
$108,368
Participant contributions
$863,105
Total contributions
$1,049,446
Total income / additions
$4,138,459

Expenses & distributions

Benefits paid
$2,336,007
Administrative expenses
$111,098
Total expenses
$2,458,574
Net increase / (decrease)
$1,679,885

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$111,097$02023
Paskowski, Michael B.OTHER SERVICES$0$2,9872023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages