The Frederick Motor Company 401(K) Profit Sharing Plan — Form 5500 plan (The Frederick Motor Company)
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, The Frederick Motor Company 401(K) Profit Sharing Plan is a benefit plan reported by The Frederick Motor Company under EIN 52-0319150 and plan number 002. The latest loaded filing year is 2023. The filing reports 131 participants and $9,736,111 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Frederick Motor Company
- EIN
- 52-0319150
- Plan number
- 002
- Plan type
- 2
- Location
- Frederick, MD
- Latest filing year
- 2023
- Participants
- 131
- End-of-year plan assets
- $9,736,111
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 131 | H, C | 20241009121846NAL0018274289001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,736,111
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,736,111
- Net assets (BOY)
- $8,519,246
Income & contributions
- Employer contributions
- $181,810
- Participant contributions
- $419,981
- Total contributions
- $601,791
- Total income / additions
- $1,836,797
Expenses & distributions
- Benefits paid
- $561,459
- Administrative expenses
- $53,283
- Total expenses
- $619,932
- Net increase / (decrease)
- $1,216,865
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Co | CONTRACT ADMINISTRATOR | $47,236 | $0 | 2023 |
| Sbhu Life Agency | OTHER SERVICES | $0 | $25,850 | 2023 |
| Tiger'S Eye Benefits Consulting | CONTRACT ADMINISTRATOR | $6,090 | $4,104 | 2023 |