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, Bowman 401(K) Plan is a benefit plan reported by Bowman Auto Group, Inc. under EIN 81-2848097 and plan number 002. The latest loaded filing year is 2023. The filing reports 159 participants and $8,941,432 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,941,432
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,941,432
- Net assets (BOY)
- $7,335,010
Income & contributions
- Employer contributions
- $181,136
- Participant contributions
- $691,753
- Total contributions
- $872,889
- Total income / additions
- $2,184,258
Expenses & distributions
- Benefits paid
- $537,243
- Administrative expenses
- $40,593
- Total expenses
- $577,836
- Net increase / (decrease)
- $1,606,422