Twin City Motors, Inc. Asset Accumulation 401(K) Retirement Plan — Form 5500 plan (Twin City Motors, Inc.)
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, Twin City Motors, Inc. Asset Accumulation 401(K) Retirement Plan is a benefit plan reported by Twin City Motors, Inc. under EIN 62-0562541 and plan number 001. The latest loaded filing year is 2023. The filing reports 276 participants and $19,306,557 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Twin City Motors, Inc.
- EIN
- 62-0562541
- Plan number
- 001
- Plan type
- 2
- Location
- Alcoa, TN
- Latest filing year
- 2023
- Participants
- 276
- End-of-year plan assets
- $19,306,557
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 276 | H, C | 20241011133008NAL0010969747001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,306,557
- Net assets (EOY)
- $19,306,557
- Net assets (BOY)
- $18,736,696
Income & contributions
- Employer contributions
- $677,408
- Participant contributions
- $914,503
- Total contributions
- $1,593,461
- Total income / additions
- $4,012,572
Expenses & distributions
- Benefits paid
- $3,340,659
- Administrative expenses
- $74,080
- Total expenses
- $3,442,711
- Net increase / (decrease)
- $569,861
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Capital Group Retirement Plan Servc | CUSTODIAN/RECORDKEEPER | $23,512 | not reported in the loaded dataset | 2023 |
| Psh Retirement Services, LLC | ADMINISTRATOR | $20,669 | not reported in the loaded dataset | 2023 |
| Gordon Asset Management | INVESTMENT ADVISOR | $15,000 | not reported in the loaded dataset | 2023 |
| Vance Cpa | AUDITOR | $12,000 | not reported in the loaded dataset | 2023 |
| Pinkstaff, Simpson & Headrick Pc | AUDITOR | $7,250 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Twin City Motors, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in TN
- 401(k) and benefit plan filings in Alcoa, TN
- Capital Group Retirement Plan Servc — Schedule C compensation
- Psh Retirement Services, LLC — Schedule C compensation
- Gordon Asset Management — Schedule C compensation
- Vance Cpa — Schedule C compensation
- Pinkstaff, Simpson & Headrick Pc — Schedule C compensation