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BLUE RIDGE AUTOMOTIVE 401(K) PLAN 401k Plan overview

Plan NameBLUE RIDGE AUTOMOTIVE 401(K) PLAN
Plan identification number 001

BLUE RIDGE AUTOMOTIVE 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

BLUE RIDGE AUTOMOTIVE has sponsored the creation of one or more 401k plans.

Company Name:BLUE RIDGE AUTOMOTIVE
Employer identification number (EIN):463208862
NAIC Classification:441110
NAIC Description:New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BLUE RIDGE AUTOMOTIVE 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01WES MATHESIUS2024-06-26 WES MATHESIUS2024-06-26
0012022-01-01WES MATHESIUS2023-06-05 WES MATHESIUS2023-06-05
0012021-01-01WESLEY MATHESIUS2022-05-20 WESLEY MATHESIUS2022-05-20
0012020-01-01WESLEY E MATHESIUS2021-06-23 WESLEY E MATHESIUS2021-06-23

Financial Data on BLUE RIDGE AUTOMOTIVE 401(K) PLAN

Measure Date Value
2025 : BLUE RIDGE AUTOMOTIVE 401(K) PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-07-020
Total expenses incurred by plan in this plan year2025-07-0269215
Net assets as of the end of the plan year2025-07-02557324
Total assets as of the beginning of the plan year2025-07-02445115
Value of plan covered by a fidelity bond2025-07-0235000
Participant contributions to plan in this plan year2025-07-0276061
Value of participant loans at end of plan year2025-07-021138
Other income to plan in this plan year2025-07-0273093
Plan net income in this plan year2025-07-02112209
Net assets as of the end of the plan year2025-07-02557324
Net assets as of the beginning of the plan year2025-07-02445115
Employer contributions to plan in this plan year2025-07-0232270
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-023613
2024 : BLUE RIDGE AUTOMOTIVE 401(K) PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-06-260
Total expenses incurred by plan in this plan year2024-06-2664906
Net assets as of the end of the plan year2024-06-26445115
Total assets as of the beginning of the plan year2024-06-26311439
Value of plan covered by a fidelity bond2024-06-2635000
Participant contributions to plan in this plan year2024-06-2693673
Other income to plan in this plan year2024-06-2667651
Plan net income in this plan year2024-06-26133676
Net assets as of the end of the plan year2024-06-26445115
Net assets as of the beginning of the plan year2024-06-26311439
Employer contributions to plan in this plan year2024-06-2637258
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-262529
2022 : BLUE RIDGE AUTOMOTIVE 401(K) PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-05-200
Total expenses incurred by plan in this plan year2022-05-2013111
Net assets as of the end of the plan year2022-05-20203160
Total assets as of the beginning of the plan year2022-05-2067235
Value of plan covered by a fidelity bond2022-05-2035000
Participant contributions to plan in this plan year2022-05-2091982
Other income to plan in this plan year2022-05-2017602
Plan net income in this plan year2022-05-20135925
Net assets as of the end of the plan year2022-05-20203160
Net assets as of the beginning of the plan year2022-05-2067235
Value of contributions failed to transmitted timely2022-05-202
Employer contributions to plan in this plan year2022-05-2039452
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-20800

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