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EAST COAST AUTOMOTIVE, LLC 401(K) PLAN 401k Plan overview

Plan NameEAST COAST AUTOMOTIVE, LLC 401(K) PLAN
Plan identification number 001

EAST COAST AUTOMOTIVE, LLC 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

EAST COAST AUTOMOTIVE, LLC has sponsored the creation of one or more 401k plans.

Company Name:EAST COAST AUTOMOTIVE, LLC
Employer identification number (EIN):571119074
NAIC Classification:441110
NAIC Description:New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EAST COAST AUTOMOTIVE, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01CHRISTOPHER HULSE2024-06-13
0012022-01-01CHRISTOPHER HULSE2023-06-28
0012021-01-01CHRISTOPHER HULSE2022-06-01
0012020-01-01CHRISTOPHER HULSE2021-06-01
0012019-01-01CHRISTOPHER HULSE2020-06-17

Financial Data on EAST COAST AUTOMOTIVE, LLC 401(K) PLAN

Measure Date Value
2025 : EAST COAST AUTOMOTIVE, LLC 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-020
Total liabilities as of the end of the plan year2025-07-020
Total liabilities as of the beginning of the plan year2025-07-020
Total expenses incurred by plan in this plan year2025-07-0223507
Net assets as of the end of the plan year2025-07-02571904
Total assets as of the beginning of the plan year2025-07-02426694
Value of plan covered by a fidelity bond2025-07-02500000
Participant contributions to plan in this plan year2025-07-0299051
Value of participant loans at end of plan year2025-07-028675
Other expenses paid from plan in this plan year2025-07-020
Other contributions to plan in this plan year2025-07-020
Other income to plan in this plan year2025-07-0256349
Plan net income in this plan year2025-07-02145210
Net assets as of the end of the plan year2025-07-02571904
Net assets as of the beginning of the plan year2025-07-02426694
Employer contributions to plan in this plan year2025-07-0213317
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-022293
2024 : EAST COAST AUTOMOTIVE, LLC 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-06-13-19487
Total liabilities as of the end of the plan year2024-06-130
Total liabilities as of the beginning of the plan year2024-06-130
Total expenses incurred by plan in this plan year2024-06-1337428
Net assets as of the end of the plan year2024-06-13426694
Total assets as of the beginning of the plan year2024-06-13308070
Value of plan covered by a fidelity bond2024-06-13500000
Participant contributions to plan in this plan year2024-06-13104802
Value of participant loans at end of plan year2024-06-1312811
Other expenses paid from plan in this plan year2024-06-130
Other contributions to plan in this plan year2024-06-130
Other income to plan in this plan year2024-06-1358442
Plan net income in this plan year2024-06-13138111
Net assets as of the end of the plan year2024-06-13426694
Net assets as of the beginning of the plan year2024-06-13308070
Employer contributions to plan in this plan year2024-06-1312295
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-131851

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