Shaheen Automotive Group 401(K) Plan — Form 5500 plan (Shaheen Automotive Group, 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, Shaheen Automotive Group 401(K) Plan is a benefit plan reported by Shaheen Automotive Group, Inc. under EIN 38-1941335 and plan number 001. The latest loaded filing year is 2023. The filing reports 624 participants and $23,726,405 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Shaheen Automotive Group, Inc.
EIN
38-1941335
Plan number
001
Plan type
2
Location
Lansing, MI
Latest filing year
2023
Participants
624
End-of-year plan assets
$23,726,405

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023624H, C20240730121757NAL0013371123001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$23,726,405
Total liabilities (EOY)
$52,791
Net assets (EOY)
$23,673,614
Net assets (BOY)
$19,506,898

Income & contributions

Employer contributions
$262,505
Participant contributions
$2,187,710
Total contributions
$2,923,630
Total income / additions
$5,562,372

Expenses & distributions

Benefits paid
$1,347,476
Administrative expenses
$48,180
Total expenses
$1,395,656
Net increase / (decrease)
$4,166,716

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lincoln Financial GroupRECORDKEEPER; ADVISORY$38,180$02023

Related Form 5500 pages