Powell-Watson Motors 401(K) Plan — Form 5500 plan (Powell-Watson 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, Powell-Watson Motors 401(K) Plan is a benefit plan reported by Powell-Watson Motors under EIN 74-1273471 and plan number 001. The latest loaded filing year is 2023. The filing reports 176 participants and $5,450,878 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Powell-Watson Motors
- EIN
- 74-1273471
- Plan number
- 001
- Plan type
- 2
- Location
- Laredo, TX
- Latest filing year
- 2023
- Participants
- 176
- End-of-year plan assets
- $5,450,878
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 176 | H, C | 20241011095403NAL0012342595001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,450,878
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,450,878
- Net assets (BOY)
- $4,361,234
Income & contributions
- Employer contributions
- $198,447
- Participant contributions
- $632,917
- Total contributions
- $831,364
- Total income / additions
- $1,415,519
Expenses & distributions
- Benefits paid
- $283,366
- Administrative expenses
- $15,713
- Total expenses
- $325,875
- Net increase / (decrease)
- $1,089,644
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $14,226 | $0 | 2023 |
| Capfinancial Partners LLC Dba Captr | OTHER | $915 | not reported in the loaded dataset | 2023 |
| Northeast Retirement Services, Inc. | OTHER | $572 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Powell-Watson Motors
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Laredo, TX
- Empower Annuity Insurance Company O — Schedule C compensation
- Capfinancial Partners LLC Dba Captr — Schedule C compensation
- Northeast Retirement Services, Inc. — Schedule C compensation