Habberstad Motorsport, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Habberstad Motorsport, 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, Habberstad Motorsport, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Habberstad Motorsport, Inc. under EIN 11-2529490 and plan number 001. The latest loaded filing year is 2023. The filing reports 211 participants and $10,713,543 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Habberstad Motorsport, Inc.
- EIN
- 11-2529490
- Plan number
- 001
- Plan type
- 2
- Location
- Huntington Station, NY
- Latest filing year
- 2023
- Participants
- 211
- End-of-year plan assets
- $10,713,543
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 211 | H, C | 20240923141515NAL0023667138001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,713,543
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,713,543
- Net assets (BOY)
- $9,131,408
Income & contributions
- Participant contributions
- $1,166,048
- Total contributions
- $1,185,601
- Total income / additions
- $2,636,823
Expenses & distributions
- Benefits paid
- $979,500
- Administrative expenses
- $75,188
- Total expenses
- $1,054,688
- Net increase / (decrease)
- $1,582,135
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $62,744 | $0 | 2023 |
| Hornor Townshend & Kent | OTHER SERVICES | $0 | $22,471 | 2023 |
| Habberstad Motorsport Inc. | OTHER SERVICES | $0 | $15,000 | 2023 |
| Orenda Retirement, LLC | OTHER SERVICES | $7,598 | $4,494 | 2023 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Habberstad Motorsport, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Huntington Station, NY
- Principal Life Insurance Company — Schedule C compensation
- Hornor Townshend & Kent — Schedule C compensation
- Habberstad Motorsport Inc. — Schedule C compensation
- Orenda Retirement, LLC — Schedule C compensation
- Wilshire Associates Incorporated — Schedule C compensation