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TOYOTA OF MUNCIE 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameTOYOTA OF MUNCIE 401(K) PROFIT SHARING PLAN
Plan identification number 001

TOYOTA OF MUNCIE 401(K) PROFIT SHARING 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.
  • 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

TOYOTA OF MUNCIE has sponsored the creation of one or more 401k plans.

Company Name:TOYOTA OF MUNCIE
Employer identification number (EIN):203611014
NAIC Classification:441110
NAIC Description:New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TOYOTA OF MUNCIE 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01NOEL WALBURN2017-07-31
0012014-01-01NOEL WALBURN2015-03-17 NOEL WALBURN2015-03-17
0012013-01-01NOEL WALBURN2014-10-14 NOEL WALBURN2014-10-14
0012012-01-01NOEL WALBURN2013-10-09 NOEL WALBURN2013-10-09
0012011-01-01NOEL WALBURN2012-07-25 NOEL WALBURN2012-07-25
0012010-01-01NOEL WALBURN2011-09-27 NOEL WALBURN2011-09-27

Plan Statistics for TOYOTA OF MUNCIE 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for TOYOTA OF MUNCIE 401(K) PROFIT SHARING PLAN

Measure Date Value
2025: TOYOTA OF MUNCIE 401(K) PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-3185
Total number of particpants at end of year2025-07-3183
Number of Participants With Account Balances2025-07-3149
2024: TOYOTA OF MUNCIE 401(K) PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-08-0276
Total number of particpants at end of year2024-08-0284
Number of Participants With Account Balances2024-08-0253

Financial Data on TOYOTA OF MUNCIE 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : TOYOTA OF MUNCIE 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-3146385
Net assets as of the end of the plan year2025-07-311543783
Total assets as of the beginning of the plan year2025-07-311123556
Value of plan covered by a fidelity bond2025-07-31100000
Participant contributions to plan in this plan year2025-07-31269530
Value of participant loans at end of plan year2025-07-3112021
Other income to plan in this plan year2025-07-31197082
Plan net income in this plan year2025-07-31420227
Net assets as of the end of the plan year2025-07-311543783
Net assets as of the beginning of the plan year2025-07-311123556
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-31788
2024 : TOYOTA OF MUNCIE 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-08-0279384
Net assets as of the end of the plan year2024-08-021123556
Total assets as of the beginning of the plan year2024-08-02772111
Value of plan covered by a fidelity bond2024-08-02100000
Participant contributions to plan in this plan year2024-08-02254496
Value of participant loans at end of plan year2024-08-0213311
Other income to plan in this plan year2024-08-02176333
Plan net income in this plan year2024-08-02351445
Net assets as of the end of the plan year2024-08-021123556
Net assets as of the beginning of the plan year2024-08-02772111
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-021688

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