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, Woburn Foreign Motors, Inc. 401(K) Plan is a benefit plan reported by Woburn Foreign Motors, Inc. under EIN 04-2621463 and plan number 001. The latest loaded filing year is 2023. The filing reports 473 participants and $20,966,642 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,966,642
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,966,642
- Net assets (BOY)
- $17,217,400
Income & contributions
- Employer contributions
- $310,959
- Participant contributions
- $2,012,992
- Total contributions
- $3,129,884
- Total income / additions
- $6,130,552
Expenses & distributions
- Benefits paid
- $2,234,639
- Administrative expenses
- $141,548
- Total expenses
- $2,381,310
- Net increase / (decrease)
- $3,749,242