Parks Motors 401(K) Plan — Form 5500 plan (Muirfield Inc. D/B/A Parks Ford Of Wesley Chapel)
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, Parks Motors 401(K) Plan is a benefit plan reported by Muirfield Inc. D/B/A Parks Ford Of Wesley Chapel under EIN 59-2419050 and plan number 003. The latest loaded filing year is 2023. The filing reports 345 participants and $8,872,748 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Muirfield Inc. D/B/A Parks Ford Of Wesley Chapel
- EIN
- 59-2419050
- Plan number
- 003
- Plan type
- 2
- Location
- Wesley Chapel, FL
- Latest filing year
- 2023
- Participants
- 345
- End-of-year plan assets
- $8,872,748
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 345 | H, C | 20241015145643NAL0030058385001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,872,748
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,872,748
- Net assets (BOY)
- $9,065,838
Income & contributions
- Employer contributions
- $22,700
- Participant contributions
- $1,055,635
- Total contributions
- $1,084,644
- Total income / additions
- $2,357,298
Expenses & distributions
- Benefits paid
- $2,500,956
- Administrative expenses
- $49,432
- Total expenses
- $2,550,388
- Net increase / (decrease)
- -$193,090
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Kestra Advisory Services LLC | NONE | $23,899 | not reported in the loaded dataset | 2023 |
| Empower Ann Ins Co Of America | NONE | $15,603 | $0 | 2023 |
| Florida Retirement Consultants | NONE | $10,028 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Muirfield Inc. D/B/A Parks Ford Of Wesley Chapel
- 2023 Form 5500 filing
- Form 5500 filings in FL
- 401(k) and benefit plan filings in Wesley Chapel, FL
- Kestra Advisory Services LLC — Schedule C compensation
- Empower Ann Ins Co Of America — Schedule C compensation
- Florida Retirement Consultants — Schedule C compensation