J. Velarde, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (J. Velarde, Inc. Dba Chrysler Jeep Dodge Center)

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, J. Velarde, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by J. Velarde, Inc. Dba Chrysler Jeep Dodge Center under EIN 20-8517651 and plan number 001. The latest loaded filing year is 2023. The filing reports 166 participants and $2,513,500 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
J. Velarde, Inc. Dba Chrysler Jeep Dodge Center
EIN
20-8517651
Plan number
001
Plan type
2
Location
Indio, CA
Latest filing year
2023
Participants
166
End-of-year plan assets
$2,513,500

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023166H, C20240927144323NAL0001126867001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,513,500
Total liabilities (EOY)
$29,136
Net assets (EOY)
$2,484,364
Net assets (BOY)
$2,563,895

Income & contributions

Participant contributions
$375,285
Total contributions
$409,382
Total income / additions
$756,596

Expenses & distributions

Benefits paid
$803,899
Administrative expenses
$32,228
Total expenses
$836,127
Net increase / (decrease)
-$79,531

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Financial Life InsRECORD KEEPER$19,961$02023
Admin. Group, LLC Dba Tag ResourcesRECORD KEEPER$12,267$02023

Related Form 5500 pages