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MAIN STREET AUTO CENTER 401K PROFIT SHARING PLAN 401k Plan overview

Plan NameMAIN STREET AUTO CENTER 401K PROFIT SHARING PLAN
Plan identification number 001

MAIN STREET AUTO CENTER 401K 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

MAIN STREET AUTO CENTER, INC. has sponsored the creation of one or more 401k plans.

Company Name:MAIN STREET AUTO CENTER, INC.
Employer identification number (EIN):264015803
NAIC Classification:811110
NAIC Description: Automotive Mechanical and Electrical Repair and Maintenance

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MAIN STREET AUTO CENTER 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ANTHONY WARREN2024-09-27
0012022-01-01ANTHONY WARREN2023-08-14
0012021-01-01ANTHONY WARREN2022-09-19

Plan Statistics for MAIN STREET AUTO CENTER 401K PROFIT SHARING PLAN

401k plan membership statisitcs for MAIN STREET AUTO CENTER 401K PROFIT SHARING PLAN

Measure Date Value
2025: MAIN STREET AUTO CENTER 401K PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-09-107
Total number of particpants at end of year2025-09-107
Number of Participants With Account Balances2025-09-107
2024: MAIN STREET AUTO CENTER 401K PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-276
Total number of particpants at end of year2024-09-276
Number of Participants With Account Balances2024-09-276
2022: MAIN STREET AUTO CENTER 401K PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-09-195
Total number of particpants at end of year2022-09-195
Number of Participants With Account Balances2022-09-195

Financial Data on MAIN STREET AUTO CENTER 401K PROFIT SHARING PLAN

Measure Date Value
2025 : MAIN STREET AUTO CENTER 401K PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-09-104735
Net assets as of the end of the plan year2025-09-10150521
Total assets as of the beginning of the plan year2025-09-10106122
Value of plan covered by a fidelity bond2025-09-101000
Participant contributions to plan in this plan year2025-09-1037900
Other income to plan in this plan year2025-09-1011234
Plan net income in this plan year2025-09-1044399
Net assets as of the end of the plan year2025-09-10150521
Net assets as of the beginning of the plan year2025-09-10106122
Employer contributions to plan in this plan year2025-09-100
Fees paid to broker by Benefit Provider2025-09-10639
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-10140
2024 : MAIN STREET AUTO CENTER 401K PROFIT SHARING PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-09-270
Total liabilities as of the beginning of the plan year2024-09-270
Total expenses incurred by plan in this plan year2024-09-2713199
Net assets as of the end of the plan year2024-09-27106122
Total assets as of the beginning of the plan year2024-09-2764278
Value of plan covered by a fidelity bond2024-09-276500
Participant contributions to plan in this plan year2024-09-2736637
Other expenses paid from plan in this plan year2024-09-270
Other contributions to plan in this plan year2024-09-270
Other income to plan in this plan year2024-09-2710833
Plan net income in this plan year2024-09-2741844
Net assets as of the end of the plan year2024-09-27106122
Net assets as of the beginning of the plan year2024-09-2764278
Employer contributions to plan in this plan year2024-09-277573
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-270
2022 : MAIN STREET AUTO CENTER 401K PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-09-190
Net assets as of the end of the plan year2022-09-1918853
Total assets as of the beginning of the plan year2022-09-190
Other income to plan in this plan year2022-09-19363
Plan net income in this plan year2022-09-1918853
Net assets as of the end of the plan year2022-09-1918853
Net assets as of the beginning of the plan year2022-09-190
Employer contributions to plan in this plan year2022-09-1918490
Fees paid to broker by Benefit Provider2022-09-1914

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