Security Auto Sales, Inc.401(k)
SECURITY AUTO SALES, INC. 401(K) PLAN · AMITYVILLE, NY · plan year 2022
Security Auto Sales, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,218,928 across 80 participant accounts, with employer contributions averaging $0 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (4,845th of 5,648), and 4,286th of 5,215 in retail trade.
Security Auto Sales, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
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Source: U.S. Department of Labor, Form 5500 series, EIN 112195245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.