401k Plan data: US AUTO SALES INC 401K PLAN plan

US AUTO SALES INC 401K PLAN 401k Plan overview

Plan Name	US AUTO SALES INC 401K PLAN
Plan identification number	001

US AUTO SALES INC 401K PLAN Benefits

401k Plan Type

Defined 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

US AUTO SALES INC has sponsored the creation of one or more 401k plans.

Company Name: US AUTO SALES INC

Employer identification number (EIN): 582012294

NAIC Classification: 441110
NAIC Description: New Car Dealers

Additional information about US AUTO SALES INC

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 2145094

More information about US AUTO SALES INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan US AUTO SALES INC 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2014-01-01 PAM PETERS
001 2013-01-01 NICK SUTHEIMER
001 2012-01-01 NICK SUTHEIMER 2013-07-26
001 2011-01-01 NICK SUTHEIMER 2012-05-22
001 2010-03-01 NICK SUTHEIMER 2011-06-22

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2014-01-01	PAM PETERS
001	2013-01-01	NICK SUTHEIMER
001	2012-01-01	NICK SUTHEIMER	2013-07-26
001	2011-01-01	NICK SUTHEIMER	2012-05-22
001	2010-03-01	NICK SUTHEIMER	2011-06-22

Plan Statistics for US AUTO SALES INC 401K PLAN

401k plan membership statisitcs for US AUTO SALES INC 401K PLAN

Measure Date Value
2014: US AUTO SALES INC 401K PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 323
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 312
Number of retired or separated participants receiving benefits 2014-01-01 5
Number of other retired or separated participants entitled to future benefits 2014-01-01 11
Total of all active and inactive participants 2014-01-01 328
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 328
Number of participants with account balances 2014-01-01 165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 12
2013: US AUTO SALES INC 401K PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 277
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 241
Number of retired or separated participants receiving benefits 2013-01-01 2
Number of other retired or separated participants entitled to future benefits 2013-01-01 6
Total of all active and inactive participants 2013-01-01 249
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 249
Number of participants with account balances 2013-01-01 146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 15

Measure	Date	Value
2014: US AUTO SALES INC 401K PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	323
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	312
Number of retired or separated participants receiving benefits	2014-01-01	5
Number of other retired or separated participants entitled to future benefits	2014-01-01	11
Total of all active and inactive participants	2014-01-01	328
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	328
Number of participants with account balances	2014-01-01	165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	12
2013: US AUTO SALES INC 401K PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	277
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	241
Number of retired or separated participants receiving benefits	2013-01-01	2
Number of other retired or separated participants entitled to future benefits	2013-01-01	6
Total of all active and inactive participants	2013-01-01	249
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	249
Number of participants with account balances	2013-01-01	146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	15

Financial Data on US AUTO SALES INC 401K PLAN

Measure	Date	Value
2014 : US AUTO SALES INC 401K PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$766,179
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$321,935
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$315,803
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$594,838
Value of total assets at end of year	2014-12-31	$3,212,742
Value of total assets at beginning of year	2014-12-31	$2,768,498
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$6,132
Total interest from all sources	2014-12-31	$31,122
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$70,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$403,800
Participant contributions at end of year	2014-12-31	$128,267
Participant contributions at beginning of year	2014-12-31	$153,763
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$14,929
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$444,244
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$3,212,742
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$2,768,498
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Investment advisory and management fees	2014-12-31	$145
Value of interest in pooled separate accounts at end of year	2014-12-31	$2,170,272
Value of interest in pooled separate accounts at beginning of year	2014-12-31	$1,748,012
Interest on participant loans	2014-12-31	$6,431
Interest earned on other investments	2014-12-31	$24,691
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2014-12-31	$914,203
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2014-12-31	$866,723
Net investment gain/loss from pooled separate accounts	2014-12-31	$140,219
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$176,109
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$315,803
Contract administrator fees	2014-12-31	$5,987
Did the plan have assets held for investment	2014-12-31	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	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	PORTER KEADLE MOORE, LLC
Accountancy firm EIN	2014-12-31	581303048
2013 : US AUTO SALES INC 401K PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total transfer of assets to this plan	2013-12-31	$1,166,295
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$1,073,328
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$514,863
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$512,552
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$821,958
Value of total assets at end of year	2013-12-31	$2,768,498
Value of total assets at beginning of year	2013-12-31	$1,043,738
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$2,311
Total interest from all sources	2013-12-31	$35,872
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$0
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$70,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$400,136
Participant contributions at end of year	2013-12-31	$153,763
Participant contributions at beginning of year	2013-12-31	$142,924
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$253,189
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$558,465
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$2,768,498
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$1,043,738
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Investment advisory and management fees	2013-12-31	$61
Value of interest in pooled separate accounts at end of year	2013-12-31	$1,748,012
Value of interest in pooled separate accounts at beginning of year	2013-12-31	$574,633
Interest on participant loans	2013-12-31	$7,690
Interest earned on other investments	2013-12-31	$28,182
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2013-12-31	$866,723
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2013-12-31	$326,181
Net investment gain/loss from pooled separate accounts	2013-12-31	$215,498
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$168,633
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$512,552
Contract administrator fees	2013-12-31	$2,250
Did the plan have assets held for investment	2013-12-31	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	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	HOLBROOK HICKS & ASSOCIATES LLC
Accountancy firm EIN	2013-12-31	800605949

Form 5500 Responses for US AUTO SALES INC 401K PLAN

2014: US AUTO SALES INC 401K PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: US AUTO SALES INC 401K PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

SENTRY LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68810 )

Policy contract number

01-08122-01

Policy instance

Insurance contract or identification number	01-08122-01
Number of Individuals Covered	328
Insurance policy start date	2014-01-01
Insurance policy end date	2014-12-31
Total amount of commissions paid to insurance broker	USD $3,108
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Commission paid to Insurance Broker	USD $3,108
Insurance broker organization code?	3
Insurance broker name	GEORGE HALL

SENTRY LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68810 )

Policy contract number

01-08122-01

Policy instance

Insurance contract or identification number	01-08122-01
Number of Individuals Covered	249
Insurance policy start date	2013-01-01
Insurance policy end date	2013-12-31
Total amount of commissions paid to insurance broker	USD $2,691
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Commission paid to Insurance Broker	USD $2,691
Insurance broker organization code?	3
Insurance broker name	GEORGE HALL

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Company Name:	US AUTO SALES INC
Employer identification number (EIN):	582012294
NAIC Classification:	441110
NAIC Description:	New Car Dealers

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	2145094