?>
Logo

SOUTHERN AUTOMOTIVE EMPLOYEE SAVINGS PLAN 401k Plan overview

Plan NameSOUTHERN AUTOMOTIVE EMPLOYEE SAVINGS PLAN
Plan identification number 001

SOUTHERN AUTOMOTIVE EMPLOYEE SAVINGS 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan covering Self-Employed individuals.
  • 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) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

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

Company Name:SOUTHERN AUTOMOTIVE WHOLESALERS, INC
Employer identification number (EIN):382357984
NAIC Classification:423100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTHERN AUTOMOTIVE EMPLOYEE SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01SHIRLEY HORNER2024-08-28
0012022-01-01THOMAS TYSON2023-10-16 THOMAS TYSON2023-10-16
0012021-01-01THOMAS TYSON2022-08-04 DAVID WILKIE2022-08-04
0012021-01-01THOMAS TYSON2022-06-30 THOMAS TYSON2022-06-30
0012020-01-01DAVID WILKIE2021-05-04
0012018-01-01THOMAS M TYSON2019-06-10
0012017-01-01THOMAS M TYSON2018-06-26
0012016-01-01THOMAS TYSON2017-06-07
0012015-01-01THOMAS M TYSON2016-06-10 THOMAS M TYSON2016-06-10
0012014-01-01THOMAS M TYSON2015-06-09
0012013-01-01THOMAS M TYSON2014-05-13
0012012-01-01THOMAS M TYSON2013-06-20
0012011-01-01THOMAS M TYSON2012-04-10
0012010-01-01THOMAS TYSON2011-06-21

Plan Statistics for SOUTHERN AUTOMOTIVE EMPLOYEE SAVINGS PLAN

401k plan membership statisitcs for SOUTHERN AUTOMOTIVE EMPLOYEE SAVINGS PLAN

Measure Date Value
2025: SOUTHERN AUTOMOTIVE EMPLOYEE SAVINGS PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-2220
Total number of particpants at end of year2025-07-2218
Number of Participants With Account Balances2025-07-2217
2024: SOUTHERN AUTOMOTIVE EMPLOYEE SAVINGS PLAN 2024 401k membership
Total number of particpants at beginning of year2024-08-2815
Total number of particpants at end of year2024-08-2819
Number of Participants With Account Balances2024-08-2818
2022: SOUTHERN AUTOMOTIVE EMPLOYEE SAVINGS PLAN 2022 401k membership
Total number of particpants at beginning of year2022-08-0413
Total number of particpants at end of year2022-08-0416
Number of Participants With Account Balances2022-08-0416

Financial Data on SOUTHERN AUTOMOTIVE EMPLOYEE SAVINGS PLAN

Measure Date Value
2025 : SOUTHERN AUTOMOTIVE EMPLOYEE SAVINGS PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-2210572
Net assets as of the end of the plan year2025-07-22637755
Total assets as of the beginning of the plan year2025-07-22514711
Value of plan covered by a fidelity bond2025-07-2252000
Participant contributions to plan in this plan year2025-07-2249894
Other income to plan in this plan year2025-07-2258966
Plan net income in this plan year2025-07-22123044
Net assets as of the end of the plan year2025-07-22637755
Net assets as of the beginning of the plan year2025-07-22514711
Employer contributions to plan in this plan year2025-07-2224756
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-224342
2024 : SOUTHERN AUTOMOTIVE EMPLOYEE SAVINGS PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-08-28693890
Net assets as of the end of the plan year2024-08-28514711
Total assets as of the beginning of the plan year2024-08-281060449
Value of plan covered by a fidelity bond2024-08-28107000
Participant contributions to plan in this plan year2024-08-2860027
Other income to plan in this plan year2024-08-2866529
Plan net income in this plan year2024-08-28-545738
Net assets as of the end of the plan year2024-08-28514711
Net assets as of the beginning of the plan year2024-08-281060449
Employer contributions to plan in this plan year2024-08-2821596
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-28998
2022 : SOUTHERN AUTOMOTIVE EMPLOYEE SAVINGS PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-08-040
Total expenses incurred by plan in this plan year2022-08-048031
Net assets as of the end of the plan year2022-08-041532395
Total assets as of the beginning of the plan year2022-08-041233659
Value of plan covered by a fidelity bond2022-08-04200000
Participant contributions to plan in this plan year2022-08-04111440
Other income to plan in this plan year2022-08-04166997
Plan net income in this plan year2022-08-04298736
Net assets as of the end of the plan year2022-08-041532395
Net assets as of the beginning of the plan year2022-08-041233659
Employer contributions to plan in this plan year2022-08-0428330
Expensese paid to adminstrative service provicers from plan in this plan year2022-08-048031

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3