Love Auto Group 401(K) Plan — Form 5500 plan (Love Auto 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, Love Auto Group 401(K) Plan is a benefit plan reported by Love Auto Group under EIN 57-0145046 and plan number 101. The latest loaded filing year is 2023. The filing reports 172 participants and $7,934,029 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$7.9MPlan net assets, end of year$7,921,511
Participants172Covered participants reported
Assets / participant$46.1KComputed: assets ÷ participants$46,128 (computed)
Provider compensation$75.8K2 Schedule C provider row(s)$75,760
- Plan sponsor
- Love Auto Group
- EIN
- 57-0145046
- Plan number
- 101
- Plan type
- 2
- Location
- Columbia, SC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 172 | H, C | 20240819090952NAL0001371953001 |
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)$7.9M total assets
Net assets$7.9MLiabilities$12.5K
Full reported line items
Net assets
- Total assets (EOY)
- $7,934,029
- Total liabilities (EOY)
- $12,518
- Net assets (EOY)
- $7,921,511
- Net assets (BOY)
- $7,519,820
Income & contributions
- Employer contributions
- $79,003
- Participant contributions
- $664,329
- Total contributions
- $743,332
- Total income / additions
- $1,445,383
Expenses & distributions
- Benefits paid
- $967,932
- Administrative expenses
- $75,760
- Total expenses
- $1,043,692
- Net increase / (decrease)
- $401,691
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.
89%
Employer 11%Participant 89%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income67%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Life Insurance Company | RECORD KEEPER | $49,885 | $0 | 2023 |
| Admin. Group, LLC Dba Tag Resources | RECORD KEEPER | $25,875 | $0 | 2023 |