Sun Motor Cars, Inc. Savings Plan — Form 5500 plan (Sun Motor Cars, 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, Sun Motor Cars, Inc. Savings Plan is a benefit plan reported by Sun Motor Cars, Inc. under EIN 23-2227302 and plan number 001. The latest loaded filing year is 2023. The filing reports 438 participants and $24,635,724 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sun Motor Cars, Inc.
EIN
23-2227302
Plan number
001
Plan type
2
Location
Mechanicsburg, PA
Latest filing year
2023
Participants
438
End-of-year plan assets
$24,635,724

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023438H, C20240930065627NAL0008969520001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$24,635,724
Total liabilities (EOY)
$0
Net assets (EOY)
$24,635,724
Net assets (BOY)
$24,100,743

Income & contributions

Employer contributions
$207,678
Participant contributions
$1,277,321
Total contributions
$1,493,384
Total income / additions
$5,417,199

Expenses & distributions

Benefits paid
$4,860,212
Administrative expenses
$7,750
Total expenses
$4,882,218
Net increase / (decrease)
$534,981

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$7,750$02023

Related Form 5500 pages