Young Truck Sales, Inc. 401 (K) Plan — Form 5500 plan (Young Truck Sales, 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, Young Truck Sales, Inc. 401 (K) Plan is a benefit plan reported by Young Truck Sales, Inc under EIN 34-0770683 and plan number 002. The latest loaded filing year is 2023. The filing reports 189 participants and $10,165,431 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Young Truck Sales, Inc
EIN
34-0770683
Plan number
002
Plan type
2
Location
Canton, OH
Latest filing year
2023
Participants
189
End-of-year plan assets
$10,165,431

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023189H, C20241011092506NAL0012323347001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,165,431
Net assets (EOY)
$10,165,431
Net assets (BOY)
$8,654,553

Income & contributions

Employer contributions
$331,291
Participant contributions
$734,926
Total contributions
$1,066,217
Total income / additions
$2,271,211

Expenses & distributions

Benefits paid
$712,452
Administrative expenses
$47,881
Total expenses
$760,333
Net increase / (decrease)
$1,510,878

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$47,588$02023
Enza Financial LLCINVESTMENT ADVISORY$0$18,4582023

Related Form 5500 pages