Paul Snider Enterprises Profit Sharing Plan And Trust — Form 5500 plan (Snider Motors 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, Paul Snider Enterprises Profit Sharing Plan And Trust is a benefit plan reported by Snider Motors Inc under EIN 94-1728922 and plan number 002. The latest loaded filing year is 2023. The filing reports 419 participants and $14,964,474 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$15MPlan net assets, end of year$14,963,991
Participants419Covered participants reported
Assets / participant$35.7KComputed: assets ÷ participants$35,715 (computed)
Provider compensation$75K4 Schedule C provider row(s)$75,022
Plan sponsor
Snider Motors Inc
EIN
94-1728922
Plan number
002
Plan type
2
Location
Elk Grove, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023419H, C20250708150617NAL0004824497001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$15M total assets
Net assets$15MLiabilities$483
Money in vs. money out
Total income / additions$3.8M
Total expenses$3.6M
Benefits paid / distributions$3.5M
Contributions
Employer$437.2K
Participant$845.8K
Full reported line items

Net assets

Total assets (EOY)
$14,964,474
Total liabilities (EOY)
$483
Net assets (EOY)
$14,963,991
Net assets (BOY)
$14,782,457

Income & contributions

Employer contributions
$437,170
Participant contributions
$845,849
Total contributions
$1,284,516
Total income / additions
$3,784,659

Expenses & distributions

Benefits paid
$3,520,987
Administrative expenses
$81,655
Total expenses
$3,603,125
Net increase / (decrease)
$181,534
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 34%Participant 66%
Total expenses ÷ net assets24%Computed ratio
Benefits paid ÷ total income93%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Berger Asset Management IncNONE$37,022not reported in the loaded dataset2023
Epic Retirement Plan ServicesNONE$24,000$02023
Priest Amistadi Cpa'SNONE$14,000not reported in the loaded dataset2023
Charles Schwab & Co., Inc.NONE$0$02023

Related Form 5500 pages