Mcgovern Auto Group 401(K) Savings Plan — Form 5500 plan (Mcgovern Auto Group Corp Services, 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, Mcgovern Auto Group 401(K) Savings Plan is a benefit plan reported by Mcgovern Auto Group Corp Services, Inc. under EIN 81-2825767 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,409 participants and $29,778,988 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mcgovern Auto Group Corp Services, Inc.
- EIN
- 81-2825767
- Plan number
- 001
- Plan type
- 3
- Location
- Newton, MA
- Latest filing year
- 2023
- Participants
- 1,409
- End-of-year plan assets
- $29,778,988
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,409 | H, C | 20241015150300NAL0028861793001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $29,778,988
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $29,778,988
- Net assets (BOY)
- $21,501,954
Income & contributions
- Employer contributions
- $542,720
- Participant contributions
- $4,347,619
- Total contributions
- $5,633,715
- Total income / additions
- $9,829,444
Expenses & distributions
- Benefits paid
- $1,394,361
- Administrative expenses
- $158,049
- Total expenses
- $1,552,410
- Net increase / (decrease)
- $8,277,034
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $51,267 | $0 | 2023 |
| Mml Investors Services, LLC | BROKER | $37,780 | $0 | 2023 |
| The Angell Pension Group, Inc. | RECORDKEEPER | $22,643 | $0 | 2023 |
| Withum Smith & Brown Pc | AUDIT | $7,500 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Mcgovern Auto Group Corp Services, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Newton, MA
- Transamerica Retirement Solutions — Schedule C compensation
- Mml Investors Services, LLC — Schedule C compensation
- The Angell Pension Group, Inc. — Schedule C compensation
- Withum Smith & Brown Pc — Schedule C compensation