SAVAGE KIA, INC. has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2017 : SAVAGE AUTO GROUP 401(K) PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $492 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $3,281 |
| Total income from all sources (including contributions) | 2017-12-31 | $945,909 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $346,910 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $317,145 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $355,923 |
| Value of total assets at end of year | 2017-12-31 | $4,312,901 |
| Value of total assets at beginning of year | 2017-12-31 | $3,716,691 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $29,765 |
| Total interest from all sources | 2017-12-31 | $4,593 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $188,858 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $188,858 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $253,962 |
| Participant contributions at end of year | 2017-12-31 | $131,666 |
| Participant contributions at beginning of year | 2017-12-31 | $83,871 |
| Participant contributions at end of year | 2017-12-31 | $3,061 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $9,776 |
| Administrative expenses (other) incurred | 2017-12-31 | $13,059 |
| Liabilities. Value of operating payables at end of year | 2017-12-31 | $492 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $3,281 |
| Total non interest bearing cash at end of year | 2017-12-31 | $492 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $3,281 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $598,999 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $4,312,409 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $3,713,410 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Investment advisory and management fees | 2017-12-31 | $16,706 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $3,814,979 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $3,270,614 |
| Interest on participant loans | 2017-12-31 | $4,593 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $362,703 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $358,925 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $392,503 |
| Net investment gain or loss from common/collective trusts | 2017-12-31 | $4,032 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $92,185 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $317,145 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | BOYER & RITTER LLC |
| Accountancy firm EIN | 2017-12-31 | 231311005 |
| 2016 : SAVAGE AUTO GROUP 401(K) PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $3,281 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $4,464 |
| Total income from all sources (including contributions) | 2016-12-31 | $572,234 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $185,816 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $159,830 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $337,610 |
| Value of total assets at end of year | 2016-12-31 | $3,716,691 |
| Value of total assets at beginning of year | 2016-12-31 | $3,331,456 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $25,986 |
| Total interest from all sources | 2016-12-31 | $3,927 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $127,564 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $127,564 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $249,092 |
| Participant contributions at end of year | 2016-12-31 | $83,871 |
| Participant contributions at beginning of year | 2016-12-31 | $69,861 |
| Administrative expenses (other) incurred | 2016-12-31 | $7,200 |
| Liabilities. Value of operating payables at end of year | 2016-12-31 | $3,281 |
| Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $4,464 |
| Total non interest bearing cash at end of year | 2016-12-31 | $3,281 |
| Total non interest bearing cash at beginning of year | 2016-12-31 | $4,464 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $386,418 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $3,713,410 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $3,326,992 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Investment advisory and management fees | 2016-12-31 | $18,786 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $3,270,614 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $2,858,408 |
| Interest on participant loans | 2016-12-31 | $3,927 |
| Value of interest in common/collective trusts at end of year | 2016-12-31 | $358,925 |
| Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $398,723 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $100,074 |
| Net investment gain or loss from common/collective trusts | 2016-12-31 | $3,059 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Contributions received in cash from employer | 2016-12-31 | $88,518 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $159,830 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2016-12-31 | Yes |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | BOYER & RITTER LLC |
| Accountancy firm EIN | 2016-12-31 | 231311005 |
