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, Bob Sumerel Tire Co., Inc 401(K) And Profit Sharing Plan is a benefit plan reported by Bob Sumerel Tire Company under EIN 31-0807676 and plan number 001. The latest loaded filing year is 2023. The filing reports 407 participants and $12,240,007 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,240,007
- Total liabilities (EOY)
- $29,912
- Net assets (EOY)
- $12,210,095
- Net assets (BOY)
- $11,144,261
Income & contributions
- Employer contributions
- $249,210
- Participant contributions
- $1,050,299
- Total contributions
- $1,359,333
- Total income / additions
- $3,188,385
Expenses & distributions
- Benefits paid
- $2,113,351
- Administrative expenses
- $9,200
- Total expenses
- $2,122,551
- Net increase / (decrease)
- $1,065,834