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PRIME AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN 401k Plan overview

Plan NamePRIME AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN
Plan identification number 002

PRIME AUTOMOTIVE WAREHOUSE, 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

AAHC, INC. has sponsored the creation of one or more 401k plans.

Company Name:AAHC, INC.
Employer identification number (EIN):260743628
NAIC Classification:423100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRIME AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022016-01-01
0022015-01-01RANDALL BALDOCK
0022014-01-01RANDALL BALDOCK
0022013-01-01RANDALL BALDOCK2014-09-30
0022012-01-01RANDALL BALDOCK2013-08-30
0022011-01-01RANDALL BALDOCK2012-07-11
0022010-01-01RANDALL BALDOCK2011-05-05

Plan Statistics for PRIME AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN

401k plan membership statisitcs for PRIME AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN

Measure Date Value
2016: PRIME AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01193
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-010
Number of participants with account balances2016-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: PRIME AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01176
Total number of active participants reported on line 7a of the Form 55002015-01-01152
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0120
Total of all active and inactive participants2015-01-01172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01172
Number of participants with account balances2015-01-01101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: PRIME AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01182
Total number of active participants reported on line 7a of the Form 55002014-01-01142
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0122
Total of all active and inactive participants2014-01-01164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-01165
Number of participants with account balances2014-01-01108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-015

Financial Data on PRIME AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN

Measure Date Value
2016 : PRIME AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN 2016 401k financial data
Total income from all sources (including contributions)2016-06-30$581,450
Total of all expenses incurred2016-06-30$7,289,367
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-06-30$7,279,291
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-06-30$396,659
Value of total assets at end of year2016-06-30$0
Value of total assets at beginning of year2016-06-30$6,707,917
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-06-30$10,076
Total interest from all sources2016-06-30$4,309
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-06-30Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2016-06-30$0
Was this plan covered by a fidelity bond2016-06-30Yes
Value of fidelity bond cover2016-06-30$1,000,000
If this is an individual account plan, was there a blackout period2016-06-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-06-30$0
Were there any nonexempt tranactions with any party-in-interest2016-06-30No
Contributions received from participants2016-06-30$250,776
Participant contributions at end of year2016-06-30$0
Participant contributions at beginning of year2016-06-30$221,849
Income. Received or receivable in cash from other sources (including rollovers)2016-06-30$0
Other income not declared elsewhere2016-06-30$2,992
Total non interest bearing cash at end of year2016-06-30$0
Total non interest bearing cash at beginning of year2016-06-30$3,862
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-06-30No
Value of net income/loss2016-06-30$-6,707,917
Value of net assets at end of year (total assets less liabilities)2016-06-30$0
Value of net assets at beginning of year (total assets less liabilities)2016-06-30$6,707,917
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2016-06-30No
Were any leases to which the plan was party in default or uncollectible2016-06-30No
Value of interest in pooled separate accounts at end of year2016-06-30$0
Value of interest in pooled separate accounts at beginning of year2016-06-30$6,479,788
Income. Interest from loans (other than to participants)2016-06-30$4,305
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-06-30$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-06-30$2,418
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-06-30$2,418
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-06-30$4
Net investment gain/loss from pooled separate accounts2016-06-30$177,490
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-06-30No
Was there a failure to transmit to the plan any participant contributions2016-06-30No
Has the plan failed to provide any benefit when due under the plan2016-06-30No
Contributions received in cash from employer2016-06-30$145,883
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-06-30$7,279,291
Contract administrator fees2016-06-30$10,076
Did the plan have assets held for investment2016-06-30No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-06-30Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-06-30Yes
Opinion of an independent qualified public accountant for this plan2016-06-30Disclaimer
Accountancy firm name2016-06-30ELLIOT DAVIS DECOSIMO, LLC
Accountancy firm EIN2016-06-30570381582
2015 : PRIME AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN 2015 401k financial data
Total income from all sources (including contributions)2015-12-31$493,246
Total of all expenses incurred2015-12-31$844,067
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$817,753
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$565,402
Value of total assets at end of year2015-12-31$6,707,917
Value of total assets at beginning of year2015-12-31$7,058,738
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$26,314
Total interest from all sources2015-12-31$11,230
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$1,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$387,214
Participant contributions at end of year2015-12-31$221,849
Participant contributions at beginning of year2015-12-31$204,547
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$39,705
Other income not declared elsewhere2015-12-31$5,237
Total non interest bearing cash at end of year2015-12-31$3,862
Total non interest bearing cash at beginning of year2015-12-31$4,478
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-350,821
Value of net assets at end of year (total assets less liabilities)2015-12-31$6,707,917
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$7,058,738
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in pooled separate accounts at end of year2015-12-31$6,479,788
Value of interest in pooled separate accounts at beginning of year2015-12-31$6,848,518
Interest on participant loans2015-12-31$11,227
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$2,418
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$1,195
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$1,195
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$3
Net investment gain/loss from pooled separate accounts2015-12-31$-88,623
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31Yes
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$138,483
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$817,753
Contract administrator fees2015-12-31$26,314
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31ELLIOTT DAVIS DECOSIMO, LLC
Accountancy firm EIN2015-12-31570381582
2014 : PRIME AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN 2014 401k financial data
Total income from all sources (including contributions)2014-12-31$976,656
Total of all expenses incurred2014-12-31$840,402
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$810,305
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$632,431
Value of total assets at end of year2014-12-31$7,058,738
Value of total assets at beginning of year2014-12-31$6,922,484
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$30,097
Total interest from all sources2014-12-31$8,224
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$1,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$385,929
Participant contributions at end of year2014-12-31$204,547
Participant contributions at beginning of year2014-12-31$74,161
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$175,521
Other income not declared elsewhere2014-12-31$3,600
Total non interest bearing cash at end of year2014-12-31$4,478
Total non interest bearing cash at beginning of year2014-12-31$54,483
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$136,254
Value of net assets at end of year (total assets less liabilities)2014-12-31$7,058,738
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$6,922,484
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in pooled separate accounts at end of year2014-12-31$6,848,518
Value of interest in pooled separate accounts at beginning of year2014-12-31$6,793,201
Interest on participant loans2014-12-31$8,223
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$1,195
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$639
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$639
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$1
Net investment gain/loss from pooled separate accounts2014-12-31$332,401
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$70,981
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$810,305
Contract administrator fees2014-12-31$30,097
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31ELLIOTT DAVIS DECOSIMO, LLC
Accountancy firm EIN2014-12-31570381582

Form 5500 Responses for PRIME AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN

2016: PRIME AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingYes
2016-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: PRIME AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: PRIME AUTOMOTIVE WAREHOUSE, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number10361
Policy instance 1
Insurance contract or identification number10361
Number of Individuals Covered0
Insurance policy start date2016-01-01
Insurance policy end date2016-06-30
Total amount of commissions paid to insurance brokerUSD $11,709
Total amount of fees paid to insurance companyUSD $1,396
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Commission paid to Insurance BrokerUSD $11,709
Amount paid for insurance broker fees1396
Additional information about fees paid to insurance brokerTPA FEES
Insurance broker organization code?5
Insurance broker nameBURLEIGH CONSULTING GROUP, INC.
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number10361
Policy instance 1
Insurance contract or identification number10361
Number of Individuals Covered101
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $25,911
Total amount of fees paid to insurance companyUSD $3,430
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Commission paid to Insurance BrokerUSD $25,911
Amount paid for insurance broker fees3430
Additional information about fees paid to insurance brokerTPA FEES
Insurance broker organization code?5
Insurance broker nameBURLEIGH CONSULTING GROUP, INC,
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number10361
Policy instance 1
Insurance contract or identification number10361
Number of Individuals Covered108
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $29,336
Total amount of fees paid to insurance companyUSD $3,674
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Commission paid to Insurance BrokerUSD $29,336
Amount paid for insurance broker fees3674
Additional information about fees paid to insurance brokerTPA FEES
Insurance broker organization code?5
Insurance broker nameBURLEIGH CONSULTING GROUP, INC,

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