Burlington Automotive Group Profit Sharing Plan — Form 5500 plan (Burlington Automotive Group)
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, Burlington Automotive Group Profit Sharing Plan is a benefit plan reported by Burlington Automotive Group under EIN 23-2985205 and plan number 001. The latest loaded filing year is 2023. The filing reports 392 participants and $12,455,343 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Burlington Automotive Group
- EIN
- 23-2985205
- Plan number
- 001
- Plan type
- 2
- Location
- Burlington, NJ
- Latest filing year
- 2023
- Participants
- 392
- End-of-year plan assets
- $12,455,343
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 392 | H, C | 20241014151809NAL0015190595001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,455,343
- Total liabilities (EOY)
- $33,444
- Net assets (EOY)
- $12,421,899
- Net assets (BOY)
- $8,911,018
Income & contributions
- Employer contributions
- $308,547
- Participant contributions
- $1,601,998
- Total contributions
- $2,154,392
- Total income / additions
- $4,018,257
Expenses & distributions
- Benefits paid
- $451,663
- Administrative expenses
- $54,180
- Total expenses
- $507,376
- Net increase / (decrease)
- $3,510,881
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Withum | ACCOUNTANT | $26,104 | not reported in the loaded dataset | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $20,271 | $0 | 2023 |
| Legacy Retirement Solutions LLC | CONTRACT ADMINISTRATOR | $7,375 | $7,484 | 2023 |
| Lpl Financial LLC | OTHER SERVICES | $0 | $13,069 | 2023 |
| Charles Schwab & Co, Inc | BROKER/DEALER | $18 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Burlington Automotive Group
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Burlington, NJ
- Withum — Schedule C compensation
- Principal Life Insurance Company — Schedule C compensation
- Legacy Retirement Solutions LLC — Schedule C compensation
- Lpl Financial LLC — Schedule C compensation
- Charles Schwab & Co, Inc — Schedule C compensation