Ron Marhofer Auto Family 401(K) Plan — Form 5500 plan (Marhofer Chevrolet 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, Ron Marhofer Auto Family 401(K) Plan is a benefit plan reported by Marhofer Chevrolet Inc. under EIN 34-1159646 and plan number 001. The latest loaded filing year is 2023. The filing reports 416 participants and $8,378,889 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Marhofer Chevrolet Inc.
- EIN
- 34-1159646
- Plan number
- 001
- Plan type
- 2
- Location
- Stow, OH
- Latest filing year
- 2023
- Participants
- 416
- End-of-year plan assets
- $8,378,889
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 416 | H, C | 20241015124408NAL0014651459001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,378,889
- Total liabilities (EOY)
- $15,856
- Net assets (EOY)
- $8,363,033
- Net assets (BOY)
- $6,939,741
Income & contributions
- Employer contributions
- $164,298
- Participant contributions
- $947,950
- Total contributions
- $1,112,248
- Total income / additions
- $2,308,603
Expenses & distributions
- Benefits paid
- $779,833
- Administrative expenses
- $84,011
- Total expenses
- $885,311
- Net increase / (decrease)
- $1,423,292
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Flexible Benefits Systems, Inc. | NONE | $48,350 | not reported in the loaded dataset | 2023 |
| Jetner Wealth Management | INVESTMENT ADVISOR | $35,660 | not reported in the loaded dataset | 2023 |