Plan5500

Gossett Motors 401(K) Plan — Form 5500 plan (Gossett Motors)

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, Gossett Motors 401(K) Plan is a benefit plan reported by Gossett Motors under EIN 62-1236154 and plan number 001. The latest loaded filing year is 2023. The filing reports 737 participants and $12,609,170 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$12.6MPlan net assets, end of year$12,609,170
Participants737Covered participants reported
Assets / participant$17.1KComputed: assets ÷ participants$17,109 (computed)
Provider compensation$87K3 Schedule C provider row(s)$86,996
Plan sponsor
Gossett Motors
EIN
62-1236154
Plan number
001
Plan type
2
Location
Memphis, TN
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    737 participants · 2Sch HSch C
    View filing →
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)$12.6M total assets
Net assets$12.6MLiabilities$0
Money in vs. money out
Total income / additions$3.9M
Total expenses$1.2M
Benefits paid / distributions$1.1M
Contributions
Employer$116.1K
Participant$1.4M
Full reported line items

Net assets

Total assets (EOY)
$12,609,170
Total liabilities (EOY)
$0
Net assets (EOY)
$12,609,170
Net assets (BOY)
$9,905,695

Income & contributions

Employer contributions
$116,085
Participant contributions
$1,429,204
Total contributions
$2,004,635
Total income / additions
$3,878,587

Expenses & distributions

Benefits paid
$1,093,035
Administrative expenses
$82,077
Total expenses
$1,175,112
Net increase / (decrease)
$2,703,475
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 8%Participant 92%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income28%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Empower Annuity Insurance Company O$41.2K
    RECORDKEEPER · Direct $41.2K · Indirect $0
  2. 2
    Epic Retirement Plan Services$37.4K
    NONE · Direct $37.4K · Indirect $0
  3. 3
    Onedigital Investment Advisors LLC$8.4K
    INVESTMENT ADVISOR · Direct $8.4K

Related Form 5500 pages