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GREAT LAKES MOTOR CORPORATION 401K PLAN 401k Plan overview

Plan NameGREAT LAKES MOTOR CORPORATION 401K PLAN
Plan identification number 001

GREAT LAKES MOTOR CORPORATION 401K PLAN 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.
  • 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

GREAT LAKES MOTOR CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:GREAT LAKES MOTOR CORPORATION
Employer identification number (EIN):160462260
NAIC Classification:441110
NAIC Description:New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GREAT LAKES MOTOR CORPORATION 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ROBERT J. LAMASTRA2024-07-26
0012022-01-01ROBERT J. LAMASTRA2023-10-09
0012021-01-01ROBERT J. LAMASTRA2022-10-14
0012020-01-01ROBERT J. LAMASTRA2021-10-07
0012019-01-01ROBERT J. LAMASTRA2020-08-06
0012018-01-01ROBERT J. LAMASTRA2019-10-03
0012017-01-01ROBERT J. LAMASTRA2018-07-20
0012016-01-01ROBERT J. LAMASTRA2017-10-13
0012015-01-01ROBERT J. LAMASTRA2016-09-29
0012014-01-01ROBERT J. LAMASTRA2015-07-29
0012013-01-01ROBERT J. LAMASTRA2014-06-07
0012012-01-01ROBERT J. LAMASTRA2013-07-19
0012011-01-01ROBERT J. LAMASTRA2012-06-16
0012010-01-01ROBERT J. LAMASTRA
0012009-01-01ROBERT J. LAMASTRA

Financial Data on GREAT LAKES MOTOR CORPORATION 401K PLAN

Measure Date Value
2025 : GREAT LAKES MOTOR CORPORATION 401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-251858765
Net assets as of the end of the plan year2025-07-256144063
Total assets as of the beginning of the plan year2025-07-256690503
Value of plan covered by a fidelity bond2025-07-25500000
Participant contributions to plan in this plan year2025-07-25315953
Value of participant loans at end of plan year2025-07-2548467
Other contributions to plan in this plan year2025-07-257783
Other income to plan in this plan year2025-07-25877195
Plan net income in this plan year2025-07-25-546440
Net assets as of the end of the plan year2025-07-256144063
Net assets as of the beginning of the plan year2025-07-256690503
Employer contributions to plan in this plan year2025-07-25111394
Fees paid to broker by Benefit Provider2025-07-257824
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-2548200
2024 : GREAT LAKES MOTOR CORPORATION 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-26307727
Net assets as of the end of the plan year2024-07-266690503
Total assets as of the beginning of the plan year2024-07-265758030
Value of plan covered by a fidelity bond2024-07-26500000
Participant contributions to plan in this plan year2024-07-26313994
Value of participant loans at end of plan year2024-07-2614341
Other contributions to plan in this plan year2024-07-263035
Other income to plan in this plan year2024-07-26819070
Plan net income in this plan year2024-07-26932473
Net assets as of the end of the plan year2024-07-266690503
Net assets as of the beginning of the plan year2024-07-265758030
Employer contributions to plan in this plan year2024-07-26104101
Fees paid to broker by Benefit Provider2024-07-2617976
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-26705
2022 : GREAT LAKES MOTOR CORPORATION 401K PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-1496355
Net assets as of the end of the plan year2022-10-146348589
Total assets as of the beginning of the plan year2022-10-145411665
Value of plan covered by a fidelity bond2022-10-14500000
Participant contributions to plan in this plan year2022-10-14306353
Value of participant loans at end of plan year2022-10-1465339
Other contributions to plan in this plan year2022-10-142942
Other income to plan in this plan year2022-10-14623462
Plan net income in this plan year2022-10-14936924
Net assets as of the end of the plan year2022-10-146348589
Net assets as of the beginning of the plan year2022-10-145411665
Employer contributions to plan in this plan year2022-10-14100522
Fees paid to broker by Benefit Provider2022-10-1414677
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-14542
2010 : GREAT LAKES MOTOR CORPORATION 401K PLAN 2010 401k financial data
Total income from all sources2010-12-31$258,918
Expenses. Total of all expenses incurred2010-12-31$143,616
Benefits paid (including direct rollovers)2010-12-31$143,616
Total plan assets at end of year2010-12-31$1,105,283
Total plan assets at beginning of year2010-12-31$989,981
Value of fidelity bond covering the plan2010-12-31$120,000
Total contributions received or receivable from participants2010-12-31$125,399
Other income received2010-12-31$116,662
Net income (gross income less expenses)2010-12-31$115,302
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,105,283
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$989,981
Assets. Value of participant loans2010-12-31$1,754
Total contributions received or receivable from employer(s)2010-12-31$16,857
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : GREAT LAKES MOTOR CORPORATION 401K PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for GREAT LAKES MOTOR CORPORATION 401K PLAN

2010: GREAT LAKES MOTOR CORPORATION 401K PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan benefit arrangement – InsuranceYes
2009: GREAT LAKES MOTOR CORPORATION 401K PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY OF NEW YORK (National Association of Insurance Commissioners NAIC id number: 86375 )
Policy contract number84689
Policy instance 1

Potentially related plans

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