Ride Now Motors 401(K) Plan — Form 5500 plan (Ganam Group LLC Dba Ride Now Motors)

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, Ride Now Motors 401(K) Plan is a benefit plan reported by Ganam Group LLC Dba Ride Now Motors under EIN 45-2852024 and plan number 001. The latest loaded filing year is 2023. The filing reports 26 participants and $2,534,165 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ganam Group LLC Dba Ride Now Motors
EIN
45-2852024
Plan number
001
Plan type
2
Location
Indian Trail, NC
Latest filing year
2023
Participants
26
End-of-year plan assets
$2,534,165

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202326I20240930131829NAL0009450736001

Reported financial statement (2023 · Schedule I)

Net assets

Total assets (EOY)
$2,534,165
Net assets (EOY)
$2,534,165
Net assets (BOY)
$2,066,770

Income & contributions

Employer contributions
$18,349
Participant contributions
$80,802
Total income / additions
$619,127

Expenses & distributions

Benefits paid
$130,307
Administrative expenses
$21,425
Total expenses
$151,732
Net increase / (decrease)
$467,395

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages