Victory Automotive Group 401(K) Plan — Form 5500 plan (Victory Automotive Group)
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, Victory Automotive Group 401(K) Plan is a benefit plan reported by Victory Automotive Group under EIN 38-3572888 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,043 participants and $89,682,861 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Victory Automotive Group
- EIN
- 38-3572888
- Plan number
- 001
- Plan type
- 2
- Location
- Canton, MI
- Latest filing year
- 2023
- Participants
- 3,043
- End-of-year plan assets
- $89,682,861
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,043 | H, C | 20241015070928NAL0027744417001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $89,682,861
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $89,682,861
- Net assets (BOY)
- $69,631,603
Income & contributions
- Employer contributions
- $4,301,610
- Participant contributions
- $11,726,960
- Total contributions
- $17,016,498
- Total income / additions
- $29,971,531
Expenses & distributions
- Benefits paid
- $9,180,205
- Administrative expenses
- $591,331
- Total expenses
- $9,920,273
- Net increase / (decrease)
- $20,051,258
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $213,019 | $0 | 2023 |
| Secure Asset Management | INVESTMENT ADVISOR | $178,312 | not reported in the loaded dataset | 2023 |
| Secure Asset Management | INVESTMENT ADVISOR | $120,000 | not reported in the loaded dataset | 2023 |
| Secure Asset Management | INVESTMENT ADVISOR | $50,000 | not reported in the loaded dataset | 2023 |
| Secure Asset Management | INVESTMENT ADVISOR | $20,000 | not reported in the loaded dataset | 2023 |
| Secure Asset Management | INVESTMENT ADVISOR | $10,000 | not reported in the loaded dataset | 2023 |