401(k)
2023 plan-year 401(k) DOL Form 5500

SARAT FORD SALES, INC. 401(K) SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

SARAT FORD SALES, INC.

This 401(k) plan holds $11M in total assets and serves 89 participants as of 2023. It is sponsored by SARAT FORD SALES, INC. in Massachusetts. The plan reported positive net income of $2M for the year.

Total Assets (2023)
$11M
Participants
89
Industry
Retail Trade

What the Filing Says About SARAT FORD SALES, INC. 401(K) SAVINGS PLAN

SARAT FORD SALES, INC. 401(K) SAVINGS PLAN is a 401(k) retirement plan sponsored by SARAT FORD SALES, INC., headquartered in Massachusetts. As of the 2023 Form 5500 filing, the plan reports $11M in total end-of-year assets and covers 89 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 042385735, and the plan has been effective since 1996-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $9M at the beginning of 2023 to $11M at year-end — a gain of 26.5%. Net assets (after liabilities) closed the year at $11M, with reported net income of $2M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$9M
Total Assets (End of Year)$11M
Net Assets (End of Year)$11M
Net Income$2M
Plan Type401(k)
Employer EIN042385735
Plan Effective Date1996-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SARAT FORD SALES, INC.)

Year Plans Participants Total Assets
2022 1 85 $9M
2023 1 89 $11M
2024 1 88 $13M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the SARAT FORD SALES, INC. 401(K) SAVINGS PLAN?
As of the 2023 Form 5500 filing, SARAT FORD SALES, INC. 401(K) SAVINGS PLAN holds $11M in total assets with 89 participants. It is sponsored by SARAT FORD SALES, INC..
What type of plan is SARAT FORD SALES, INC. 401(K) SAVINGS PLAN?
SARAT FORD SALES, INC. 401(K) SAVINGS PLAN is a 401(k) plan. It has been effective since 1996-09-01. The plan is filed with the U.S. Department of Labor under EIN 042385735.
Who sponsors the SARAT FORD SALES, INC. 401(K) SAVINGS PLAN?
SARAT FORD SALES, INC. 401(K) SAVINGS PLAN is sponsored by SARAT FORD SALES, INC., located in Massachusetts. The sponsor's EIN is 042385735 and the plan operates in the Retail Trade industry.
How did SARAT FORD SALES, INC. 401(K) SAVINGS PLAN perform in 2023?
SARAT FORD SALES, INC. 401(K) SAVINGS PLAN grew by 26.5% during 2023, moving from $9M to $11M in total assets. Net income was $2M.
Where can I find official filings for SARAT FORD SALES, INC. 401(K) SAVINGS PLAN?
Official Form 5500 filings for SARAT FORD SALES, INC. 401(K) SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042385735 or plan name at efast.dol.gov.
How does SARAT FORD SALES, INC. 401(K) SAVINGS PLAN compare to other plans?
You can compare SARAT FORD SALES, INC. 401(K) SAVINGS PLAN against other 401(k) plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 042385735.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.