Driv Employees Retirement Plan — Form 5500 plan (Driv Automotive 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, Driv Employees Retirement Plan is a benefit plan reported by Driv Automotive Inc. under EIN 83-4117479 and plan number 140. The latest loaded filing year is 2023. The filing reports 4,087 participants and $194,043,388 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Driv Automotive Inc.
- EIN
- 83-4117479
- Plan number
- 140
- Plan type
- 2
- Location
- Northville, MI
- Latest filing year
- 2023
- Participants
- 4,087
- End-of-year plan assets
- $194,043,388
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,087 | H, C | 20241015162757NAL0048903872001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $194,043,388
- Total liabilities (EOY)
- $155,158
- Net assets (EOY)
- $193,888,230
- Net assets (BOY)
- $176,333,287
Income & contributions
- Employer contributions
- $3,728,347
- Total contributions
- $3,728,347
- Total income / additions
- $32,793,184
Expenses & distributions
- Benefits paid
- $12,678,989
- Administrative expenses
- $2,559,252
- Total expenses
- $15,238,241
- Net increase / (decrease)
- $17,554,943
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fid Inv Instl Ops Co | NONE | $625,479 | not reported in the loaded dataset | 2023 |
| Bank Of New York Mellon | NONE | $238,231 | not reported in the loaded dataset | 2023 |
| Deloitte & Touche, Llp | AUDIT | $41,744 | not reported in the loaded dataset | 2023 |
| Holland & Knight | NONE | $33,389 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Driv Automotive Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Northville, MI
- Fid Inv Instl Ops Co — Schedule C compensation
- Bank Of New York Mellon — Schedule C compensation
- Deloitte & Touche, Llp — Schedule C compensation
- Holland & Knight — Schedule C compensation