NATIONAL AUTOMOBILE DEALERS ASSOCIA TION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan NATIONAL AUTOMOBILE DEALERS INSURANCE TRUST - DEALER LIFE INSURANCE PLAN
401k plan membership statisitcs for NATIONAL AUTOMOBILE DEALERS INSURANCE TRUST - DEALER LIFE INSURANCE PLAN
| Measure | Date | Value |
|---|
| 2016 : NATIONAL AUTOMOBILE DEALERS INSURANCE TRUST - DEALER LIFE INSURANCE PLAN 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $228,000 |
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $228,000 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $300,000 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $533,000 |
| Total income from all sources (including contributions) | 2016-12-31 | $5,703,000 |
| Total loss/gain on sale of assets | 2016-12-31 | $-67,000 |
| Total of all expenses incurred | 2016-12-31 | $4,240,000 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $3,240,000 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $5,086,000 |
| Value of total assets at end of year | 2016-12-31 | $17,142,000 |
| Value of total assets at beginning of year | 2016-12-31 | $15,912,000 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $1,000,000 |
| Total interest from all sources | 2016-12-31 | $139,000 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $170,000 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $170,000 |
| Administrative expenses professional fees incurred | 2016-12-31 | $983,000 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $1,500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $5,086,000 |
| Assets. Other investments not covered elsewhere at end of year | 2016-12-31 | $2,438,000 |
| Assets. Other investments not covered elsewhere at beginning of year | 2016-12-31 | $2,260,000 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $382,000 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $484,000 |
| Administrative expenses (other) incurred | 2016-12-31 | $17,000 |
| Liabilities. Value of operating payables at end of year | 2016-12-31 | $300,000 |
| Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $533,000 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $1,463,000 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $16,842,000 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $15,379,000 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $5,735,000 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $5,010,000 |
| Interest earned on other investments | 2016-12-31 | $27,000 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $632,000 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $1,349,000 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $1,349,000 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $112,000 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $7,874,000 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $6,045,000 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2016-12-31 | $3,240,000 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $147,000 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2016-12-31 | $81,000 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2016-12-31 | $764,000 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Aggregate proceeds on sale of assets | 2016-12-31 | $1,342,000 |
| Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $1,409,000 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Unqualified |
| Accountancy firm name | 2016-12-31 | ARONSON LLC |
| Accountancy firm EIN | 2016-12-31 | 371611326 |
