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H & L CHEVROLET, INC. 401(K) PLAN 401k Plan overview

Plan NameH & L CHEVROLET, INC. 401(K) PLAN
Plan identification number 003

H & L CHEVROLET, INC. 401(K) PLAN Benefits

401k Plan TypeDefined 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

H & L CHEVROLET, INC. has sponsored the creation of one or more 401k plans.

Company Name:H & L CHEVROLET, INC.
Employer identification number (EIN):060704356
NAIC Classification:441110
NAIC Description:New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan H & L CHEVROLET, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01LUCY MCDONALD2024-03-14 LUCY MCDONALD2024-03-14
0032022-01-01LUCY MCDONALD2023-01-26 LUCY MCDONALD2023-01-26
0032021-01-01LUCY MCDONALD2022-01-31 LUCY MCDONALD2022-01-31
0032020-01-01LUCY MCDONALD2021-03-30 LUCY MCDONALD2021-03-30
0032019-01-01MICHELLE BABBIDGE2020-02-25 MICHELLE BABBIDGE2020-02-25
0032018-01-01MICHELLE C. BABBIDGE2019-03-11 MICHELLE C. BABBIDGE2019-03-11
0032017-01-01MICHELLE BABBIDGE2018-02-12 MICHELLE BABBIDGE2018-02-12
0032016-01-01MICHELLE BABBIDGE2017-02-06 MICHELLE BABBIDGE2017-02-06
0032015-01-01MICHELLE BABBIDGE2016-03-16 MICHELLE BABBIDGE2016-03-16
0032014-01-01DANIEL B. HAIMS2015-06-29
0032013-01-01DANIEL B. HAIMS2014-06-30
0032012-01-01DANIEL B. HAIMS2013-06-17
0032011-01-01DANIEL B. HAIMS2012-04-10
0032010-01-01DANIEL B. HAIMS2011-06-16

Plan Statistics for H & L CHEVROLET, INC. 401(K) PLAN

401k plan membership statisitcs for H & L CHEVROLET, INC. 401(K) PLAN

Measure Date Value
2025: H & L CHEVROLET, INC. 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-2925
Total number of particpants at end of year2025-07-2927
Number of Participants With Account Balances2025-07-2913
2024: H & L CHEVROLET, INC. 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-03-1428
Total number of particpants at end of year2024-03-1425
Number of Participants With Account Balances2024-03-1414
2022: H & L CHEVROLET, INC. 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-02-0127
Total number of particpants at end of year2022-02-0128
Number of Participants With Account Balances2022-02-0115

Financial Data on H & L CHEVROLET, INC. 401(K) PLAN

Measure Date Value
2025 : H & L CHEVROLET, INC. 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-290
Total liabilities as of the end of the plan year2025-07-290
Total liabilities as of the beginning of the plan year2025-07-290
Total expenses incurred by plan in this plan year2025-07-29153285
Net assets as of the end of the plan year2025-07-291318423
Total assets as of the beginning of the plan year2025-07-291280230
Value of plan covered by a fidelity bond2025-07-2999000
Participant contributions to plan in this plan year2025-07-2961225
Value of participant loans at end of plan year2025-07-291565
Other expenses paid from plan in this plan year2025-07-290
Other contributions to plan in this plan year2025-07-290
Other income to plan in this plan year2025-07-29130253
Plan net income in this plan year2025-07-2938193
Net assets as of the end of the plan year2025-07-291318423
Net assets as of the beginning of the plan year2025-07-291280230
Employer contributions to plan in this plan year2025-07-290
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-2913508
2024 : H & L CHEVROLET, INC. 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-03-140
Total liabilities as of the end of the plan year2024-03-140
Total liabilities as of the beginning of the plan year2024-03-140
Total expenses incurred by plan in this plan year2024-03-14394027
Net assets as of the end of the plan year2024-03-141280230
Total assets as of the beginning of the plan year2024-03-141445449
Value of plan covered by a fidelity bond2024-03-1499000
Participant contributions to plan in this plan year2024-03-1453040
Value of participant loans at end of plan year2024-03-144261
Other expenses paid from plan in this plan year2024-03-140
Other contributions to plan in this plan year2024-03-140
Other income to plan in this plan year2024-03-14175768
Plan net income in this plan year2024-03-14-165219
Net assets as of the end of the plan year2024-03-141280230
Net assets as of the beginning of the plan year2024-03-141445449
Employer contributions to plan in this plan year2024-03-140
Expensese paid to adminstrative service provicers from plan in this plan year2024-03-1413076
2022 : H & L CHEVROLET, INC. 401(K) PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-02-010
Total liabilities as of the end of the plan year2022-02-010
Total liabilities as of the beginning of the plan year2022-02-010
Total expenses incurred by plan in this plan year2022-02-0198913
Net assets as of the end of the plan year2022-02-011724939
Total assets as of the beginning of the plan year2022-02-011569138
Value of plan covered by a fidelity bond2022-02-01250000
Participant contributions to plan in this plan year2022-02-0173344
Value of participant loans at end of plan year2022-02-01391
Other expenses paid from plan in this plan year2022-02-010
Other contributions to plan in this plan year2022-02-010
Other income to plan in this plan year2022-02-01181370
Plan net income in this plan year2022-02-01155801
Net assets as of the end of the plan year2022-02-011724939
Net assets as of the beginning of the plan year2022-02-011569138
Employer contributions to plan in this plan year2022-02-010
Expensese paid to adminstrative service provicers from plan in this plan year2022-02-0116829

Potentially related plans

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