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SOUTH COUNTY AUTO LLC 401 K PROFIT SHARING PLAN TRUST 401k Plan overview

Plan NameSOUTH COUNTY AUTO LLC 401 K PROFIT SHARING PLAN TRUST
Plan identification number 001

SOUTH COUNTY AUTO LLC 401 K PROFIT SHARING PLAN TRUST 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.
  • 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.
  • 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

SOUTH COUNTY AUTO LLC has sponsored the creation of one or more 401k plans.

Company Name:SOUTH COUNTY AUTO LLC
Employer identification number (EIN):464056886
NAIC Classification:812990
NAIC Description:All Other Personal Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTH COUNTY AUTO LLC 401 K PROFIT SHARING PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01PHILLIP ALLEN2024-09-25
0012022-01-01PHILLIP ALLEN2023-05-11
0012021-01-01PHILLIP C ALLEN2022-07-07
0012020-01-01PHILLIP2021-05-05
0012019-01-01PHILLIP C ALLEN2020-09-17
0012018-01-01PHILLIP C ALLEN2020-09-17
0012017-01-01PHILLIP ALLEN2018-07-30

Financial Data on SOUTH COUNTY AUTO LLC 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2025 : SOUTH COUNTY AUTO LLC 401 K PROFIT SHARING PLAN TRUST 2025 401k financial data
Total transfers to/from plan in this plan year2025-05-280
Total liabilities as of the end of the plan year2025-05-280
Total liabilities as of the beginning of the plan year2025-05-280
Total expenses incurred by plan in this plan year2025-05-282944
Net assets as of the end of the plan year2025-05-28215554
Total assets as of the beginning of the plan year2025-05-28186760
Participant contributions to plan in this plan year2025-05-286215
Other expenses paid from plan in this plan year2025-05-280
Other contributions to plan in this plan year2025-05-280
Other income to plan in this plan year2025-05-2823331
Plan net income in this plan year2025-05-2828794
Net assets as of the end of the plan year2025-05-28215554
Net assets as of the beginning of the plan year2025-05-28186760
Employer contributions to plan in this plan year2025-05-282192
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-282944
2024 : SOUTH COUNTY AUTO LLC 401 K PROFIT SHARING PLAN TRUST 2024 401k financial data
Total transfers to/from plan in this plan year2024-09-250
Total liabilities as of the end of the plan year2024-09-250
Total liabilities as of the beginning of the plan year2024-09-250
Total expenses incurred by plan in this plan year2024-09-252524
Net assets as of the end of the plan year2024-09-25186760
Total assets as of the beginning of the plan year2024-09-25126441
Participant contributions to plan in this plan year2024-09-2536840
Other expenses paid from plan in this plan year2024-09-250
Other contributions to plan in this plan year2024-09-250
Other income to plan in this plan year2024-09-2521376
Plan net income in this plan year2024-09-2560319
Net assets as of the end of the plan year2024-09-25186760
Net assets as of the beginning of the plan year2024-09-25126441
Employer contributions to plan in this plan year2024-09-254627
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-252524

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