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EMPLOYEE BENEFIT PLAN OF WEIRS MOTOR SALES, INC. AND ARUNDEL FORD 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF WEIRS MOTOR SALES, INC. AND ARUNDEL FORD
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF WEIRS MOTOR SALES, INC. AND ARUNDEL FORD Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

WEIRS MOTOR SALES, INC. AND ARUNDEL FORD has sponsored the creation of one or more 401k plans.

Company Name:WEIRS MOTOR SALES, INC. AND ARUNDEL FORD
Employer identification number (EIN):010280450
NAIC Classification:441110
NAIC Description:New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF WEIRS MOTOR SALES, INC. AND ARUNDEL FORD

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01LINDA ZUKE2024-10-02
0012022-01-01LINDA ZUKE2023-09-15
0012021-01-01LINDA ZUKE2022-10-10
0012020-01-01LINDA ZUKE2021-09-24
0012019-01-01LINDA ZUKE2020-10-12
0012018-01-01LINDA ZUKE2019-07-15
0012017-01-01LINDA ZUKE2018-10-03 LINDA ZUKE2018-10-03
0012016-01-01LINDA ZUKE2017-10-05 LINDA ZUKE2017-10-05
0012015-01-01LINDA ZUKE2016-05-18 LINDA ZUKE2016-05-18
0012014-01-01LINDA ZUKE2015-08-26 LINDA ZUKE2015-08-26
0012013-01-01LINDA ZUKE2014-04-30 LINDA ZUKE2014-04-30
0012012-01-01LINDA ZUKE2013-08-21 LINDA ZUKE2013-08-21
0012011-01-01LINDA ZUKE2012-08-24 LINDA ZUKE2012-08-24
0012010-01-01LINDA ZUKE2011-06-24 LINDA ZUKE2011-06-24

Plan Statistics for EMPLOYEE BENEFIT PLAN OF WEIRS MOTOR SALES, INC. AND ARUNDEL FORD

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF WEIRS MOTOR SALES, INC. AND ARUNDEL FORD

Measure Date Value
2025: EMPLOYEE BENEFIT PLAN OF WEIRS MOTOR SALES, INC. AND ARUNDEL FORD 2025 401k membership
Total number of particpants at beginning of year2025-09-08125
Total number of particpants at end of year2025-09-08151
Number of Participants With Account Balances2025-09-0870
2024: EMPLOYEE BENEFIT PLAN OF WEIRS MOTOR SALES, INC. AND ARUNDEL FORD 2024 401k membership
Total number of particpants at beginning of year2024-10-02106
Total number of particpants at end of year2024-10-02125
Number of Participants With Account Balances2024-10-0258
2022: EMPLOYEE BENEFIT PLAN OF WEIRS MOTOR SALES, INC. AND ARUNDEL FORD 2022 401k membership
Total number of particpants at beginning of year2022-10-1076
Total number of particpants at end of year2022-10-1083
Number of Participants With Account Balances2022-10-1054

Financial Data on EMPLOYEE BENEFIT PLAN OF WEIRS MOTOR SALES, INC. AND ARUNDEL FORD

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF WEIRS MOTOR SALES, INC. AND ARUNDEL FORD 2025 401k financial data
Total transfers to/from plan in this plan year2025-09-080
Total liabilities as of the end of the plan year2025-09-080
Total liabilities as of the beginning of the plan year2025-09-080
Total expenses incurred by plan in this plan year2025-09-081347779
Net assets as of the end of the plan year2025-09-084365573
Total assets as of the beginning of the plan year2025-09-084333734
Value of plan covered by a fidelity bond2025-09-08425000
Participant contributions to plan in this plan year2025-09-08335525
Value of participant loans at end of plan year2025-09-0849038
Other expenses paid from plan in this plan year2025-09-080
Other contributions to plan in this plan year2025-09-08290263
Other income to plan in this plan year2025-09-08642345
Plan net income in this plan year2025-09-0831839
Net assets as of the end of the plan year2025-09-084365573
Net assets as of the beginning of the plan year2025-09-084333734
Employer contributions to plan in this plan year2025-09-08111485
Fees paid to broker by Benefit Provider2025-09-08366
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-08755
2024 : EMPLOYEE BENEFIT PLAN OF WEIRS MOTOR SALES, INC. AND ARUNDEL FORD 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-020
Total liabilities as of the end of the plan year2024-10-020
Total liabilities as of the beginning of the plan year2024-10-020
Total expenses incurred by plan in this plan year2024-10-0215441
Net assets as of the end of the plan year2024-10-024333734
Total assets as of the beginning of the plan year2024-10-023301312
Value of plan covered by a fidelity bond2024-10-02425000
Participant contributions to plan in this plan year2024-10-02307039
Value of participant loans at end of plan year2024-10-0248541
Other expenses paid from plan in this plan year2024-10-02435
Other contributions to plan in this plan year2024-10-023591
Other income to plan in this plan year2024-10-02679751
Plan net income in this plan year2024-10-021032422
Net assets as of the end of the plan year2024-10-024333734
Net assets as of the beginning of the plan year2024-10-023301312
Employer contributions to plan in this plan year2024-10-0257482
Fees paid to broker by Benefit Provider2024-10-02569
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-020
2022 : EMPLOYEE BENEFIT PLAN OF WEIRS MOTOR SALES, INC. AND ARUNDEL FORD 2022 401k financial data
Total transfers to/from plan in this plan year2022-10-100
Total liabilities as of the end of the plan year2022-10-100
Total liabilities as of the beginning of the plan year2022-10-100
Total expenses incurred by plan in this plan year2022-10-1074058
Net assets as of the end of the plan year2022-10-103850967
Total assets as of the beginning of the plan year2022-10-103174085
Value of plan covered by a fidelity bond2022-10-10425000
Participant contributions to plan in this plan year2022-10-10208309
Value of participant loans at end of plan year2022-10-107822
Other expenses paid from plan in this plan year2022-10-10455
Other contributions to plan in this plan year2022-10-10865
Other income to plan in this plan year2022-10-10514450
Plan net income in this plan year2022-10-10676882
Net assets as of the end of the plan year2022-10-103850967
Net assets as of the beginning of the plan year2022-10-103174085
Employer contributions to plan in this plan year2022-10-1027316
Fees paid to broker by Benefit Provider2022-10-10476

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