Sterling Automotive Group 401(K) Plan — Form 5500 plan (Sterling Automotive Group)
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, Sterling Automotive Group 401(K) Plan is a benefit plan reported by Sterling Automotive Group under EIN 72-1291076 and plan number 001. The latest loaded filing year is 2023. The filing reports 442 participants and $8,090,152 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sterling Automotive Group
- EIN
- 72-1291076
- Plan number
- 001
- Plan type
- 2
- Location
- Opelousas, LA
- Latest filing year
- 2023
- Participants
- 442
- End-of-year plan assets
- $8,090,152
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 442 | H, C | 20241007142853NAL0015330513001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,090,152
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,090,152
- Net assets (BOY)
- $6,500,702
Income & contributions
- Employer contributions
- $319,362
- Participant contributions
- $839,951
- Total contributions
- $1,212,679
- Total income / additions
- $2,281,953
Expenses & distributions
- Benefits paid
- $613,954
- Administrative expenses
- $68,671
- Total expenses
- $692,503
- Net increase / (decrease)
- $1,589,450
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nationwide Insurance | TRUST RECORDKEEPER | $68,171 | $0 | 2023 |