Plan5500

Sport Chevrolet Honda 401(K) Plan — Form 5500 plan (Sport Chevrolet Company LLC)

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, Sport Chevrolet Honda 401(K) Plan is a benefit plan reported by Sport Chevrolet Company LLC under EIN 52-0792420 and plan number 002. The latest loaded filing year is 2023. The filing reports 252 participants and $17,512,969 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$17.5MPlan net assets, end of year$17,512,969
Participants252Covered participants reported
Assets / participant$69.5KComputed: assets ÷ participants$69,496 (computed)
Provider compensation$166.2K4 Schedule C provider row(s)$166,249
Plan sponsor
Sport Chevrolet Company LLC
EIN
52-0792420
Plan number
002
Plan type
2
Location
Silver Spring, MD
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    252 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$17.5M total assets
Net assets$17.5MLiabilities$0
Money in vs. money out
Total income / additions$3.4M
Total expenses$1.9M
Benefits paid / distributions$1.8M
Contributions
Employer$147.4K
Participant$894K
Full reported line items

Net assets

Total assets (EOY)
$17,512,969
Total liabilities (EOY)
$0
Net assets (EOY)
$17,512,969
Net assets (BOY)
$16,004,255

Income & contributions

Employer contributions
$147,399
Participant contributions
$893,961
Total contributions
$1,116,268
Total income / additions
$3,396,492

Expenses & distributions

Benefits paid
$1,761,428
Administrative expenses
$126,350
Total expenses
$1,887,778
Net increase / (decrease)
$1,508,714
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 14%Participant 86%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income52%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Nationwide$79.4K
    RECORDKEEPER · Direct $79.4K · Indirect $0
  2. 2
    Long Island Employee Benefits Group$36.5K
    TPA · Direct $21.4K · Indirect $15.1K
  3. 3
    Wells Fargo Clearing Services, LLC$33.3K
    NONE · Direct $8.5K · Indirect $24.8K
  4. 4
    Belfint Lyons Schuman Cpas$17K
    AUDITING · Direct $17K · Indirect $0

Related Form 5500 pages