Openlane, Inc. Plan — Form 5500 plan (Openlane, 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, Openlane, Inc. Plan is a benefit plan reported by Openlane, Inc. under EIN 20-8744739 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,720 participants and $297,528,767 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Openlane, Inc.
- EIN
- 20-8744739
- Plan number
- 001
- Plan type
- 2
- Location
- Carmel, IN
- Latest filing year
- 2023
- Participants
- 4,720
- End-of-year plan assets
- $297,528,767
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,720 | H, C | 20241002083143NAL0004671635001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $297,528,767
- Total liabilities (EOY)
- $32
- Net assets (EOY)
- $297,528,735
- Net assets (BOY)
- $262,622,747
Income & contributions
- Employer contributions
- $5,974,069
- Participant contributions
- $12,373,394
- Total contributions
- $20,415,941
- Total income / additions
- $70,980,574
Expenses & distributions
- Benefits paid
- $35,884,905
- Administrative expenses
- $178,412
- Total expenses
- $36,074,586
- Net increase / (decrease)
- $34,905,988
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $167,066 | not reported in the loaded dataset | 2023 |
| Mesirow Financial | CONSULTANT | $78,750 | not reported in the loaded dataset | 2023 |
| Forvis Mazars | ACCOUNTANT/AUDITOR | $23,100 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$90,504 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Openlane, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in IN
- 401(k) and benefit plan filings in Carmel, IN
- Strategic Advisors, Inc. — Schedule C compensation
- Mesirow Financial — Schedule C compensation
- Forvis Mazars — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation