The Sterling Bmw Retirement Savings Plan — Form 5500 plan (Sterling Motors, Ltd, Dba Sterling Bmw)

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 Sterling Bmw Retirement Savings Plan is a benefit plan reported by Sterling Motors, Ltd, Dba Sterling Bmw under EIN 33-0120479 and plan number 001. The latest loaded filing year is 2023. The filing reports 122 participants and $2,938,299 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sterling Motors, Ltd, Dba Sterling Bmw
EIN
33-0120479
Plan number
001
Plan type
2
Location
Newport Beach, CA
Latest filing year
2023
Participants
122
End-of-year plan assets
$2,938,299

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023122H, C20241011155737NAL0037582848001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,938,299
Total liabilities (EOY)
$0
Net assets (EOY)
$2,938,299
Net assets (BOY)
$2,514,317

Income & contributions

Participant contributions
$367,929
Total contributions
$368,672
Total income / additions
$889,717

Expenses & distributions

Benefits paid
$430,139
Administrative expenses
$30,149
Total expenses
$465,735
Net increase / (decrease)
$423,982

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Reliance Trust CompanyRECORDKEEPER$14,506$02023

Related Form 5500 pages