Plan5500

The King Group 401(K) Plan — Form 5500 plan (King Automotive Management LLC)

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, The King Group 401(K) Plan is a benefit plan reported by King Automotive Management LLC under EIN 27-1608330 and plan number 001. The latest loaded filing year is 2023. The filing reports 458 participants and $32,091,259 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
King Automotive Management LLC
EIN
27-1608330
Plan number
001
Plan type
2
Location
Deerfield Beach, FL
Latest filing year
2023
Participants
458
End-of-year plan assets
$32,091,259

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023458H, C20241011145240NAL0022093057001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$32,091,259
Total liabilities (EOY)
$0
Net assets (EOY)
$32,091,259
Net assets (BOY)
$26,466,124

Income & contributions

Employer contributions
$267,191
Participant contributions
$2,504,221
Total contributions
$2,853,995
Total income / additions
$7,222,119

Expenses & distributions

Benefits paid
$1,500,008
Administrative expenses
$96,976
Total expenses
$1,596,984
Net increase / (decrease)
$5,625,135

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$67,702$02023
Nfp RetirementINVESTMENT ADVISORY$29,274not reported in the loaded dataset2023
Nfp RetirementCONSULTANT$0$24,1672023
Morningstar Investment Management LINV ADV, PARTICIPANTS$0$02023

Related Form 5500 pages