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R & R TRUCK SALES, INC. 401(K) PLAN 401k Plan overview

Plan NameR & R TRUCK SALES, INC. 401(K) PLAN
Plan identification number 001

R & R TRUCK SALES, INC. 401(K) PLAN Benefits

401k Plan TypeDefined 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.
  • 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.
  • 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.

401k Sponsoring company profile

R & R TRUCK SALES, INC. has sponsored the creation of one or more 401k plans.

Company Name:R & R TRUCK SALES, INC.
Employer identification number (EIN):341401947
NAIC Classification:441228
NAIC Description:Motorcycle, ATV, and All Other Motor Vehicle Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan R & R TRUCK SALES, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-07-01
0012022-07-01
0012021-07-01
0012021-07-01
0012020-07-01
0012018-07-01DAVID E. FOLEY, TPA2019-08-26 DAVID E. FOLEY, TPA2019-08-26
0012017-07-01DAVID E. FOLEY, TPA2018-10-04 DAVID E. FOLEY, TPA2018-10-04
0012013-07-01DAVID E. FOLEY, TPA2014-08-18 DAVID E. FOLEY, TPA2014-08-18
0012012-07-01DAVID E. FOLEY, TPA2013-11-13 DAVID E. FOLEY, TPA2013-11-13
0012011-07-01NICK SUTHEIMER2012-10-16
0012010-07-01NICK SUTHEIMER2011-09-21

Plan Statistics for R & R TRUCK SALES, INC. 401(K) PLAN

401k plan membership statisitcs for R & R TRUCK SALES, INC. 401(K) PLAN

Measure Date Value
2024: R & R TRUCK SALES, INC. 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-12-3022
Total number of particpants at end of year2024-12-3021
Number of Participants With Account Balances2024-12-3014
2022: R & R TRUCK SALES, INC. 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-10-1923
Total number of particpants at end of year2022-10-1921
Number of Participants With Account Balances2022-10-1915

Financial Data on R & R TRUCK SALES, INC. 401(K) PLAN

Measure Date Value
2024 : R & R TRUCK SALES, INC. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-12-3091203
Net assets as of the end of the plan year2024-12-30949558
Total assets as of the beginning of the plan year2024-12-30933898
Value of plan covered by a fidelity bond2024-12-30100000
Participant contributions to plan in this plan year2024-12-3031050
Value of participant loans at end of plan year2024-12-303385
Other income to plan in this plan year2024-12-3075813
Plan net income in this plan year2024-12-3015660
Net assets as of the end of the plan year2024-12-30949558
Net assets as of the beginning of the plan year2024-12-30933898
Fees paid to broker by Benefit Provider2024-12-30894
Expensese paid to adminstrative service provicers from plan in this plan year2024-12-30966
2022 : R & R TRUCK SALES, INC. 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-191049
Net assets as of the end of the plan year2022-10-19836252
Total assets as of the beginning of the plan year2022-10-19904572
Value of plan covered by a fidelity bond2022-10-19100000
Participant contributions to plan in this plan year2022-10-1929642
Value of participant loans at end of plan year2022-10-193694
Other income to plan in this plan year2022-10-19-96913
Plan net income in this plan year2022-10-19-68320
Net assets as of the end of the plan year2022-10-19836252
Net assets as of the beginning of the plan year2022-10-19904572
Fees paid to broker by Benefit Provider2022-10-19967
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-191049

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