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, Future Automotive Group 401(K) Plan is a benefit plan reported by Future Ford, Inc. under EIN 94-2729275 and plan number 001. The latest loaded filing year is 2023. The filing reports 984 participants and $40,352,516 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $40,352,516
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $40,352,516
- Net assets (BOY)
- $33,347,847
Income & contributions
- Employer contributions
- $366,619
- Participant contributions
- $4,295,264
- Total contributions
- $4,846,732
- Total income / additions
- $10,665,639
Expenses & distributions
- Benefits paid
- $3,445,731
- Administrative expenses
- $127,812
- Total expenses
- $3,660,970
- Net increase / (decrease)
- $7,004,669