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CLASSIC AUTO RESTORATION AND SALES, INC 401(K) RETIREMENT PLAN 401k Plan overview

Plan NameCLASSIC AUTO RESTORATION AND SALES, INC 401(K) RETIREMENT PLAN
Plan identification number 001

CLASSIC AUTO RESTORATION AND SALES, INC 401(K) RETIREMENT 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.
  • 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

CLASSIC AUTO RESTORATION AND SALES, INC has sponsored the creation of one or more 401k plans.

Company Name:CLASSIC AUTO RESTORATION AND SALES, INC
Employer identification number (EIN):411730876
NAIC Classification:811120
NAIC Description: Automotive Body, Paint, Interior, and Glass Repair

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CLASSIC AUTO RESTORATION AND SALES, INC 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-01-01GINA HENLY2015-09-18 GINA HENLY2015-09-18
0012014-01-01GINA HENLY2015-07-08 GINA HENLY2015-07-08
0012013-01-01GINA HENLY2014-07-18 GINA HENLY2014-07-18
0012012-01-01GINA HENLY
0012011-01-01GINA HENLY

Plan Statistics for CLASSIC AUTO RESTORATION AND SALES, INC 401(K) RETIREMENT PLAN

401k plan membership statisitcs for CLASSIC AUTO RESTORATION AND SALES, INC 401(K) RETIREMENT PLAN

Measure Date Value
2012: CLASSIC AUTO RESTORATION AND SALES, INC 401(K) RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-014
Total number of active participants reported on line 7a of the Form 55002012-01-015
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-015
Number of participants with account balances2012-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: CLASSIC AUTO RESTORATION AND SALES, INC 401(K) RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-013
Total number of active participants reported on line 7a of the Form 55002011-01-013
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-013
Number of participants with account balances2011-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010

Financial Data on CLASSIC AUTO RESTORATION AND SALES, INC 401(K) RETIREMENT PLAN

Measure Date Value
2012 : CLASSIC AUTO RESTORATION AND SALES, INC 401(K) RETIREMENT PLAN 2012 401k financial data
Total income from all sources2012-12-31$10,016
Expenses. Total of all expenses incurred2012-12-31$50
Total plan assets at end of year2012-12-31$126,296
Total plan assets at beginning of year2012-12-31$116,330
Other income received2012-12-31$10,016
Net income (gross income less expenses)2012-12-31$9,966
Net plan assets at end of year (total assets less liabilities)2012-12-31$126,296
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$116,330
Assets. Value of participant loans2012-12-31$28,874
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$50
2011 : CLASSIC AUTO RESTORATION AND SALES, INC 401(K) RETIREMENT PLAN 2011 401k financial data
Total income from all sources2011-12-31$1,516
Expenses. Total of all expenses incurred2011-12-31$0
Total plan assets at end of year2011-12-31$116,330
Total plan assets at beginning of year2011-12-31$114,814
Other income received2011-12-31$1,516
Net income (gross income less expenses)2011-12-31$1,516
Net plan assets at end of year (total assets less liabilities)2011-12-31$116,330
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$114,814
Assets. Value of participant loans2011-12-31$39,727
2010 : CLASSIC AUTO RESTORATION AND SALES, INC 401(K) RETIREMENT PLAN 2010 401k financial data
Total income from all sources2010-12-31$114,949
Expenses. Total of all expenses incurred2010-12-31$135
Total plan assets at end of year2010-12-31$114,814
Total plan assets at beginning of year2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$110,000
Other income received2010-12-31$4,949
Net income (gross income less expenses)2010-12-31$114,814
Net plan assets at end of year (total assets less liabilities)2010-12-31$114,814
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$0
Assets. Value of participant loans2010-12-31$50,000
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$135

Form 5500 Responses for CLASSIC AUTO RESTORATION AND SALES, INC 401(K) RETIREMENT PLAN

2012: CLASSIC AUTO RESTORATION AND SALES, INC 401(K) RETIREMENT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: CLASSIC AUTO RESTORATION AND SALES, INC 401(K) RETIREMENT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes

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