Toyota Scion Of North Charlotte 401k Plan — Form 5500 plan (Lake Norman Motor Sales LLC)
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, Toyota Scion Of North Charlotte 401k Plan is a benefit plan reported by Lake Norman Motor Sales LLC under EIN 62-1850437 and plan number 001. The latest loaded filing year is 2023. The filing reports 261 participants and $2,568,727 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lake Norman Motor Sales LLC
- EIN
- 62-1850437
- Plan number
- 001
- Plan type
- 2
- Location
- Huntersville, NC
- Latest filing year
- 2023
- Participants
- 261
- End-of-year plan assets
- $2,568,727
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 261 | H, C | 20240912100444NAL0018630642001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,568,727
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,568,727
- Net assets (BOY)
- $1,956,869
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $363,479
- Total contributions
- $365,636
- Total income / additions
- $702,044
Expenses & distributions
- Benefits paid
- $87,763
- Administrative expenses
- $2,423
- Total expenses
- $90,186
- Net increase / (decrease)
- $611,858
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ameriprise Fncl Serv LLC | NONE | $0 | $9,192 | 2023 |
| American United Life Insurance Co | NONE | $2,423 | $6,199 | 2023 |