401k Plan data: PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST plan

PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan Name	PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number	001

PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
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

PORT CITY NISSAN, INC has sponsored the creation of one or more 401k plans.

Company Name: PORT CITY NISSAN, INC

Employer identification number (EIN): 020436526

NAIC Classification: 441110
NAIC Description: New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 JAMIE CICCHETTO 2023-07-27
001 2021-01-01 JAMIE L CICCHETTO 2022-08-03
001 2020-01-01 JAMIE L CICCHETTO 2021-06-25
001 2019-01-01 JAMIE CICCHETTO 2020-07-15
001 2018-01-01 JAMIE L CICCHETTO 2019-06-19
001 2017-01-01 JAMIE L CICCHETTO 2018-07-31
001 2016-01-01 JAMIE CICCHETTO 2017-07-26
001 2015-01-01 JAMIE CICCHETTO
001 2014-01-01 ALAN B SVEDLOW 2015-06-26
001 2013-01-01 ALAN B SVEDLOW 2014-07-11
001 2012-01-01 ALAN B SVEDLOW 2013-07-26
001 2011-01-01 ALAN B. SVEDLOW 2012-07-27
001 2010-01-01 ALAN B. SVEDLOW
001 2009-01-01 ALAN B. SVEDLOW

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01	JAMIE CICCHETTO	2023-07-27
001	2021-01-01	JAMIE L CICCHETTO	2022-08-03
001	2020-01-01	JAMIE L CICCHETTO	2021-06-25
001	2019-01-01	JAMIE CICCHETTO	2020-07-15
001	2018-01-01	JAMIE L CICCHETTO	2019-06-19
001	2017-01-01	JAMIE L CICCHETTO	2018-07-31
001	2016-01-01	JAMIE CICCHETTO	2017-07-26
001	2015-01-01	JAMIE CICCHETTO
001	2014-01-01	ALAN B SVEDLOW	2015-06-26
001	2013-01-01	ALAN B SVEDLOW	2014-07-11
001	2012-01-01	ALAN B SVEDLOW	2013-07-26
001	2011-01-01	ALAN B. SVEDLOW	2012-07-27
001	2010-01-01	ALAN B. SVEDLOW
001	2009-01-01	ALAN B. SVEDLOW

Plan Statistics for PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2015: PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year 2015-01-01 0
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 29
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 5
Total of all active and inactive participants 2015-01-01 34
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 34
Number of participants with account balances 2015-01-01 16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 1
2010: PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST 2010 401k membership
Total participants, beginning-of-year 2010-01-01 49
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 43
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 4
Total of all active and inactive participants 2010-01-01 47
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 47
Number of participants with account balances 2010-01-01 24
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 1
2009: PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year 2009-01-01 55
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 45
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 3
Total of all active and inactive participants 2009-01-01 48
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 48
Number of participants with account balances 2009-01-01 26
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 1

Measure	Date	Value
2015: PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year	2015-01-01	0
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	29
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	5
Total of all active and inactive participants	2015-01-01	34
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	34
Number of participants with account balances	2015-01-01	16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	1
2010: PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST 2010 401k membership
Total participants, beginning-of-year	2010-01-01	49
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	43
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	4
Total of all active and inactive participants	2010-01-01	47
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	47
Number of participants with account balances	2010-01-01	24
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	1
2009: PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year	2009-01-01	55
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	45
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	3
Total of all active and inactive participants	2009-01-01	48
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	48
Number of participants with account balances	2009-01-01	26
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	1

Financial Data on PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST

Measure	Date	Value
2015 : PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST 2015 401k financial data
Transfers to/from the plan	2015-12-31	$0
Total plan liabilities at end of year	2015-12-31	$0
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$1,037,129
Expenses. Total of all expenses incurred	2015-12-31	$54,278
Benefits paid (including direct rollovers)	2015-12-31	$53,573
Total plan assets at end of year	2015-12-31	$982,851
Total plan assets at beginning of year	2015-12-31	$0
Value of fidelity bond covering the plan	2015-12-31	$500,000
Total contributions received or receivable from participants	2015-12-31	$66,630
Expenses. Other expenses not covered elsewhere	2015-12-31	$0
Contributions received from other sources (not participants or employers)	2015-12-31	$0
Other income received	2015-12-31	$961,748
Net income (gross income less expenses)	2015-12-31	$982,851
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$982,851
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$0
Assets. Value of participant loans	2015-12-31	$13,596
Total contributions received or receivable from employer(s)	2015-12-31	$8,751
Value of certain deemed distributions of participant loans	2015-12-31	$0
Value of corrective distributions	2015-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$705
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2015-12-31	$0
Minimum employer required contribution for this plan year	2015-12-31	$0
Amount contributed by the employer to the plan for this plan year	2015-12-31	$0
2010 : PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST 2010 401k financial data
Transfers to/from the plan	2010-12-31	$0
Total plan liabilities at end of year	2010-12-31	$0
Total plan liabilities at beginning of year	2010-12-31	$0
Total income from all sources	2010-12-31	$218,342
Expenses. Total of all expenses incurred	2010-12-31	$3,282
Benefits paid (including direct rollovers)	2010-12-31	$2,279
Total plan assets at end of year	2010-12-31	$1,202,252
Total plan assets at beginning of year	2010-12-31	$987,192
Value of fidelity bond covering the plan	2010-12-31	$500,000
Total contributions received or receivable from participants	2010-12-31	$60,640
Expenses. Other expenses not covered elsewhere	2010-12-31	$796
Contributions received from other sources (not participants or employers)	2010-12-31	$0
Other income received	2010-12-31	$157,702
Noncash contributions received	2010-12-31	$0
Net income (gross income less expenses)	2010-12-31	$215,060
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$1,202,252
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$987,192
Assets. Value of participant loans	2010-12-31	$39,199
Total contributions received or receivable from employer(s)	2010-12-31	$0
Value of certain deemed distributions of participant loans	2010-12-31	$0
Value of corrective distributions	2010-12-31	$207
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2010-12-31	$0
Minimum employer required contribution for this plan year	2010-12-31	$0
Amount contributed by the employer to the plan for this plan year	2010-12-31	$0
2009 : PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2009-12-31	$0
Minimum employer required contribution for this plan year	2009-12-31	$0
Amount contributed by the employer to the plan for this plan year	2009-12-31	$0

Form 5500 Responses for PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST

2015: PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2010: PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: PORT CITY NISSAN, INC 401(K) PROFIT SHARING PLAN & TRUST 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	PORT CITY NISSAN, INC
Employer identification number (EIN):	020436526
NAIC Classification:	441110
NAIC Description:	New Car Dealers