Burt Watson Chevrolet Inc 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Burt Watson 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, Burt Watson Chevrolet Inc 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Burt Watson Chevrolet Inc under EIN 38-1880002 and plan number 001. The latest loaded filing year is 2023. The filing reports 143 participants and $5,670,585 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Burt Watson Chevrolet Inc
- EIN
- 38-1880002
- Plan number
- 001
- Plan type
- 2
- Location
- Freeland, MI
- Latest filing year
- 2023
- Participants
- 143
- End-of-year plan assets
- $5,670,585
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 143 | H, C | 20241011142759NAL0022930545001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,670,585
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,670,585
- Net assets (BOY)
- $4,104,274
Income & contributions
- Employer contributions
- $164,907
- Participant contributions
- $544,118
- Total contributions
- $712,585
- Total income / additions
- $1,531,302
Expenses & distributions
- Benefits paid
- $202,783
- Administrative expenses
- $33,566
- Total expenses
- $270,522
- Net increase / (decrease)
- $1,260,780
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Tri-Star Trust Bank | ADVISOR | $17,343 | not reported in the loaded dataset | 2023 |
| Paychex, Inc. | RECORDKEEPER | $8,927 | not reported in the loaded dataset | 2023 |