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, Cherokee Ford, Inc. 401(K) Retirement Plan is a benefit plan reported by Cherokee Ford, Inc. under EIN 58-1964898 and plan number 002. The latest loaded filing year is 2023. The filing reports 874 participants and $24,183,337 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $24,183,337
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,183,337
- Net assets (BOY)
- $17,948,188
Income & contributions
- Employer contributions
- $560,319
- Participant contributions
- $3,272,004
- Total contributions
- $4,652,597
- Total income / additions
- $7,944,900
Expenses & distributions
- Benefits paid
- $1,508,591
- Administrative expenses
- $145,253
- Total expenses
- $1,709,751
- Net increase / (decrease)
- $6,235,149