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, Baker Motor Company Of Charleston, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Baker Motor Company Of Charleston, Inc. under EIN 57-0870278 and plan number 001. The latest loaded filing year is 2023. The filing reports 462 participants and $8,853,293 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,853,293
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,853,293
- Net assets (BOY)
- $8,124,969
Income & contributions
- Employer contributions
- $158,928
- Participant contributions
- $1,281,871
- Total contributions
- $1,440,799
- Total income / additions
- $2,684,000
Expenses & distributions
- Benefits paid
- $1,890,395
- Administrative expenses
- $65,281
- Total expenses
- $1,955,676
- Net increase / (decrease)
- $728,324