Legend Automotive Incorporated 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Legend Automotive Incorporated)

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, Legend Automotive Incorporated 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Legend Automotive Incorporated under EIN 61-1366429 and plan number 001. The latest loaded filing year is 2023. The filing reports 181 participants and $1,163,196 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.2MPlan net assets, end of year$1,163,196
Participants181Covered participants reported
Assets / participant$6.4KComputed: assets ÷ participants$6,426 (computed)
Provider compensation$13.3K1 Schedule C provider row(s)$13,339
Plan sponsor
Legend Automotive Incorporated
EIN
61-1366429
Plan number
001
Plan type
2
Location
London, KY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023181H, C20241014164936NAL0046876400001
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)$1.2M total assets
Net assets$1.2MLiabilities$0
Money in vs. money out
Total income / additions$310.3K
Total expenses$60.4K
Benefits paid / distributions$46.3K
Contributions
Employer$0
Participant$212.8K
Full reported line items

Net assets

Total assets (EOY)
$1,163,196
Total liabilities (EOY)
$0
Net assets (EOY)
$1,163,196
Net assets (BOY)
$913,290

Income & contributions

Employer contributions
$0
Participant contributions
$212,776
Total contributions
$212,776
Total income / additions
$310,323

Expenses & distributions

Benefits paid
$46,304
Administrative expenses
$14,113
Total expenses
$60,417
Net increase / (decrease)
$249,906
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 0%Participant 100%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income15%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Paychex, Inc.RECORDKEEPER$13,339not reported in the loaded dataset2023

Related Form 5500 pages