Highland Park Motors, Inc. Employees' Profit Sharing And Savings Plan — Form 5500 plan (Highland Park Motors, 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, Highland Park Motors, Inc. Employees' Profit Sharing And Savings Plan is a benefit plan reported by Highland Park Motors, Inc. under EIN 36-2727015 and plan number 001. The latest loaded filing year is 2023. The filing reports 407 participants and $14,851,586 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$14.9MPlan net assets, end of year$14,851,586
Participants407Covered participants reported
Assets / participant$36.5KComputed: assets ÷ participants$36,490 (computed)
Provider compensation$1.6K1 Schedule C provider row(s)$1,610
- Plan sponsor
- Highland Park Motors, Inc.
- EIN
- 36-2727015
- Plan number
- 001
- Plan type
- 2
- Location
- Highland Park, IL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 407 | H, C | 20241015125153NAL0014662611001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$14.9M total assets
Net assets$14.9MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $14,851,586
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,851,586
- Net assets (BOY)
- $13,174,940
Income & contributions
- Employer contributions
- $150,000
- Participant contributions
- $1,000,474
- Total contributions
- $1,150,474
- Total income / additions
- $3,241,018
Expenses & distributions
- Benefits paid
- $1,555,641
- Administrative expenses
- $5,054
- Total expenses
- $1,564,372
- Net increase / (decrease)
- $1,676,646
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
13%87%
Employer 13%Participant 87%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income48%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sentry Life Insurance Company | RECORDKEEPER | $1,610 | $0 | 2023 |