401k Plan data: SAVAGE AUTOMOTIVE, INC TIERED PROFIT SHARING PLAN plan

SAVAGE AUTOMOTIVE, INC TIERED PROFIT SHARING PLAN 401k Plan overview

Plan Name	SAVAGE AUTOMOTIVE, INC TIERED PROFIT SHARING PLAN
Plan identification number	002

SAVAGE AUTOMOTIVE, INC TIERED PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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.
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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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.
Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

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

Company Name: SAVAGE AUTOMOTIVE, INC

Employer identification number (EIN): 330116518

NAIC Classification: 441110
NAIC Description: New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SAVAGE AUTOMOTIVE, INC TIERED PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2014-01-01 KIM THERASSE 2015-02-10
002 2013-01-01 KIM THERASSE 2014-03-17
002 2012-01-01 KIM THERASSE 2013-04-29
002 2011-01-01 KIM THERASSE 2012-07-16
002 2009-01-01 ALAN B. SVEDLOW

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2014-01-01	KIM THERASSE	2015-02-10
002	2013-01-01	KIM THERASSE	2014-03-17
002	2012-01-01	KIM THERASSE	2013-04-29
002	2011-01-01	KIM THERASSE	2012-07-16
002	2009-01-01	ALAN B. SVEDLOW

Plan Statistics for SAVAGE AUTOMOTIVE, INC TIERED PROFIT SHARING PLAN

401k plan membership statisitcs for SAVAGE AUTOMOTIVE, INC TIERED PROFIT SHARING PLAN

Measure Date Value
2009: SAVAGE AUTOMOTIVE, INC TIERED PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 39
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 61
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 0
Total of all active and inactive participants 2009-01-01 61
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 61
Number of participants with account balances 2009-01-01 26
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2009: SAVAGE AUTOMOTIVE, INC TIERED PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	39
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	61
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	0
Total of all active and inactive participants	2009-01-01	61
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	61
Number of participants with account balances	2009-01-01	26
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on SAVAGE AUTOMOTIVE, INC TIERED PROFIT SHARING PLAN

Measure	Date	Value
2010 : SAVAGE AUTOMOTIVE, INC TIERED PROFIT SHARING PLAN 2010 401k financial data
Transfers to/from the plan	2010-12-31	$24,837
Total plan liabilities at end of year	2010-12-31	$0
Total plan liabilities at beginning of year	2010-12-31	$0
Total income from all sources	2010-12-31	$171,899
Expenses. Total of all expenses incurred	2010-12-31	$38,983
Benefits paid (including direct rollovers)	2010-12-31	$38,983
Total plan assets at end of year	2010-12-31	$738,528
Total plan assets at beginning of year	2010-12-31	$580,775
Value of fidelity bond covering the plan	2010-12-31	$500,000
Total contributions received or receivable from participants	2010-12-31	$77,344
Expenses. Other expenses not covered elsewhere	2010-12-31	$0
Contributions received from other sources (not participants or employers)	2010-12-31	$0
Other income received	2010-12-31	$94,555
Noncash contributions received	2010-12-31	$0
Net income (gross income less expenses)	2010-12-31	$132,916
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$738,528
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$580,775
Assets. Value of participant loans	2010-12-31	$51,130
Total contributions received or receivable from employer(s)	2010-12-31	$0
Value of certain deemed distributions of participant loans	2010-12-31	$0
Value of corrective distributions	2010-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2010-12-31	$0
Minimum employer required contribution for this plan year	2010-12-31	$0
Amount contributed by the employer to the plan for this plan year	2010-12-31	$0
2009 : SAVAGE AUTOMOTIVE, INC TIERED PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2009-12-31	$0
Minimum employer required contribution for this plan year	2009-12-31	$0
Amount contributed by the employer to the plan for this plan year	2009-12-31	$0

Form 5500 Responses for SAVAGE AUTOMOTIVE, INC TIERED PROFIT SHARING PLAN

2009: SAVAGE AUTOMOTIVE, INC TIERED PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	First time form 5500 has been submitted	Yes
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

SAVAGE AUTOMOTIVE, INC. 401(K) PLAN [EIN = 201524266]

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Company Name:	SAVAGE AUTOMOTIVE, INC
Employer identification number (EIN):	330116518
NAIC Classification:	441110
NAIC Description:	New Car Dealers