401k Plan data: J C BILLION 401K SAVINGS PLAN plan

J C BILLION 401K SAVINGS PLAN 401k Plan overview

Plan Name	J C BILLION 401K SAVINGS PLAN
Plan identification number	001

J C BILLION 401K SAVINGS 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.

401k Sponsoring company profile

J C BILLION, INC. has sponsored the creation of one or more 401k plans.

Company Name: J C BILLION, INC.

Employer identification number (EIN): 810375126

NAIC Classification: 441110
NAIC Description: New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan J C BILLION 401K SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 LORI JONES 2023-10-16
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 JOSEPH BILLION JOSEPH BILLION 2018-10-15
001 2016-01-01 JOSEPH C. BILLION 2017-07-26 JOSEPH C. BILLION 2017-07-26
001 2015-01-01 JOSEPH C. BILLION 2016-07-06 JOSEPH C. BILLION 2016-07-06
001 2014-01-01 JOSEPH C. BILLION 2015-09-28 JOSEPH C. BILLION 2015-09-28
001 2013-01-01 JOSEPH C. BILLION 2014-06-09 JOSEPH C. BILLION 2014-06-09
001 2012-01-01 JOSEPH C. BILLION 2013-07-12 JOSEPH C. BILLION 2013-07-12
001 2011-01-01 JOSEPH C. BILLION 2012-07-24 JOSEPH C. BILLION 2012-07-24
001 2010-01-01 JOSEPH C. BILLION 2011-10-05

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	LORI JONES	2023-10-16
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01	JOSEPH BILLION		JOSEPH BILLION	2018-10-15
001	2016-01-01	JOSEPH C. BILLION	2017-07-26	JOSEPH C. BILLION	2017-07-26
001	2015-01-01	JOSEPH C. BILLION	2016-07-06	JOSEPH C. BILLION	2016-07-06
001	2014-01-01	JOSEPH C. BILLION	2015-09-28	JOSEPH C. BILLION	2015-09-28
001	2013-01-01	JOSEPH C. BILLION	2014-06-09	JOSEPH C. BILLION	2014-06-09
001	2012-01-01	JOSEPH C. BILLION	2013-07-12	JOSEPH C. BILLION	2013-07-12
001	2011-01-01	JOSEPH C. BILLION	2012-07-24	JOSEPH C. BILLION	2012-07-24
001	2010-01-01	JOSEPH C. BILLION	2011-10-05

Plan Statistics for J C BILLION 401K SAVINGS PLAN

401k plan membership statisitcs for J C BILLION 401K SAVINGS PLAN

Measure Date Value
2021: J C BILLION 401K SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 130
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 95
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 22
Total of all active and inactive participants 2021-01-01 117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 117
Number of participants with account balances 2021-01-01 81
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 4
2020: J C BILLION 401K SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 128
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 105
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 24
Total of all active and inactive participants 2020-01-01 129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 129
Number of participants with account balances 2020-01-01 84
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 3
2019: J C BILLION 401K SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 122
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 107
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 19
Total of all active and inactive participants 2019-01-01 126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 126
Number of participants with account balances 2019-01-01 80
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 3
2018: J C BILLION 401K SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 124
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 104
Number of retired or separated participants receiving benefits 2018-01-01 17
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 121
Number of participants with account balances 2018-01-01 85
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 3
2017: J C BILLION 401K SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 130
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 106
Number of retired or separated participants receiving benefits 2017-01-01 2
Number of other retired or separated participants entitled to future benefits 2017-01-01 13
Total of all active and inactive participants 2017-01-01 121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 121
Number of participants with account balances 2017-01-01 70
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 5

Measure	Date	Value
2021: J C BILLION 401K SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	130
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	95
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	22
Total of all active and inactive participants	2021-01-01	117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	117
Number of participants with account balances	2021-01-01	81
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	4
2020: J C BILLION 401K SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	128
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	105
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	24
Total of all active and inactive participants	2020-01-01	129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	129
Number of participants with account balances	2020-01-01	84
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	3
2019: J C BILLION 401K SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	122
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	107
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	19
Total of all active and inactive participants	2019-01-01	126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	126
Number of participants with account balances	2019-01-01	80
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	3
2018: J C BILLION 401K SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	124
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	104
Number of retired or separated participants receiving benefits	2018-01-01	17
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	121
Number of participants with account balances	2018-01-01	85
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	3
2017: J C BILLION 401K SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	130
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	106
Number of retired or separated participants receiving benefits	2017-01-01	2
Number of other retired or separated participants entitled to future benefits	2017-01-01	13
Total of all active and inactive participants	2017-01-01	121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	121
Number of participants with account balances	2017-01-01	70
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	5

Financial Data on J C BILLION 401K SAVINGS PLAN

Measure	Date	Value
2021 : J C BILLION 401K SAVINGS PLAN 2021 401k financial data
Total income from all sources (including contributions)	2021-12-31	$1,082,671
Total of all expenses incurred	2021-12-31	$815,041
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$719,289
Value of total corrective distributions	2021-12-31	$28,312
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$477,369
Value of total assets at end of year	2021-12-31	$4,702,647
Value of total assets at beginning of year	2021-12-31	$4,435,017
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$67,440
Total interest from all sources	2021-12-31	$7,963
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Administrative expenses professional fees incurred	2021-12-31	$8,779
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$250,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$341,829
Participant contributions at end of year	2021-12-31	$69,940
Participant contributions at beginning of year	2021-12-31	$6,535
Participant contributions at end of year	2021-12-31	$37,732
Participant contributions at beginning of year	2021-12-31	$39,880
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$267,630
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$4,702,647
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$4,435,017
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Investment advisory and management fees	2021-12-31	$58,661
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$4,151,477
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$3,996,815
Interest on participant loans	2021-12-31	$2,689
Interest earned on other investments	2021-12-31	$5,274
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$437,277
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$385,939
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$597,339
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$135,540
Employer contributions (assets) at end of year	2021-12-31	$6,221
Employer contributions (assets) at beginning of year	2021-12-31	$5,848
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$719,289
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	METZ & ASSOCIATES
Accountancy firm EIN	2021-12-31	464558541
2020 : J C BILLION 401K SAVINGS PLAN 2020 401k financial data
Total income from all sources (including contributions)	2020-12-31	$1,035,142
Total of all expenses incurred	2020-12-31	$145,650
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$91,460
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$498,114
Value of total assets at end of year	2020-12-31	$4,435,017
Value of total assets at beginning of year	2020-12-31	$3,545,525
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$54,190
Total interest from all sources	2020-12-31	$4,909
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Administrative expenses professional fees incurred	2020-12-31	$7,133
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$362,607
Participant contributions at end of year	2020-12-31	$6,535
Participant contributions at beginning of year	2020-12-31	$31,783
Participant contributions at end of year	2020-12-31	$39,880
Participant contributions at beginning of year	2020-12-31	$10,124
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$889,492
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$4,435,017
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$3,545,525
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Investment advisory and management fees	2020-12-31	$47,057
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$3,996,815
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$3,499,192
Interest on participant loans	2020-12-31	$1,624
Interest earned on other investments	2020-12-31	$3,285
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$385,939
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$532,119
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$135,507
Employer contributions (assets) at end of year	2020-12-31	$5,848
Employer contributions (assets) at beginning of year	2020-12-31	$4,426
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$91,460
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	METZ & ASSOCIATES
Accountancy firm EIN	2020-12-31	464558541
2019 : J C BILLION 401K SAVINGS PLAN 2019 401k financial data
Total income from all sources (including contributions)	2019-12-31	$1,028,151
Total of all expenses incurred	2019-12-31	$153,038
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$105,761
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$419,048
Value of total assets at end of year	2019-12-31	$3,545,525
Value of total assets at beginning of year	2019-12-31	$2,670,412
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$47,277
Total interest from all sources	2019-12-31	$1,177
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Administrative expenses professional fees incurred	2019-12-31	$6,268
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$265,483
Participant contributions at end of year	2019-12-31	$31,783
Participant contributions at beginning of year	2019-12-31	$22,141
Participant contributions at end of year	2019-12-31	$10,124
Participant contributions at beginning of year	2019-12-31	$9,504
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$35,530
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$875,113
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$3,545,525
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$2,670,412
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Investment advisory and management fees	2019-12-31	$41,009
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$3,499,192
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$2,633,674
Interest on participant loans	2019-12-31	$1,177
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$607,926
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$118,035
Employer contributions (assets) at end of year	2019-12-31	$4,426
Employer contributions (assets) at beginning of year	2019-12-31	$5,093
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$105,761
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	METZ & ASSOCIATES
Accountancy firm EIN	2019-12-31	464558541
2018 : J C BILLION 401K SAVINGS PLAN 2018 401k financial data
Total income from all sources (including contributions)	2018-12-31	$209,216
Total of all expenses incurred	2018-12-31	$529,799
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$504,078
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$350,976
Value of total assets at end of year	2018-12-31	$2,670,412
Value of total assets at beginning of year	2018-12-31	$2,990,995
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$25,721
Total interest from all sources	2018-12-31	$607
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	Yes
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$234,192
Participant contributions at end of year	2018-12-31	$22,141
Participant contributions at beginning of year	2018-12-31	$11,310
Participant contributions at end of year	2018-12-31	$9,504
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-320,583
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$2,670,412
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$2,990,995
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$2,633,674
Value of interest in pooled separate accounts at beginning of year	2018-12-31	$2,979,685
Interest on participant loans	2018-12-31	$607
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-79,129
Net investment gain/loss from pooled separate accounts	2018-12-31	$-63,238
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$116,784
Employer contributions (assets) at end of year	2018-12-31	$5,093
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$504,078
Contract administrator fees	2018-12-31	$25,721
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2018-12-31	Yes
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	METZ & ASSOCIATES, PLLC
Accountancy firm EIN	2018-12-31	464558541
2017 : J C BILLION 401K SAVINGS PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$747,732
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$163,494
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$137,464
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$302,720
Value of total assets at end of year	2017-12-31	$2,990,995
Value of total assets at beginning of year	2017-12-31	$2,406,757
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$26,030
Total interest from all sources	2017-12-31	$452
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$198,401
Participant contributions at end of year	2017-12-31	$11,310
Participant contributions at beginning of year	2017-12-31	$21,683
Administrative expenses (other) incurred	2017-12-31	$2,828
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$584,238
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$2,990,995
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$2,406,757
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in pooled separate accounts at end of year	2017-12-31	$2,979,685
Value of interest in pooled separate accounts at beginning of year	2017-12-31	$2,385,074
Interest on participant loans	2017-12-31	$452
Net investment gain/loss from pooled separate accounts	2017-12-31	$444,560
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$104,319
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$137,464
Contract administrator fees	2017-12-31	$23,202
Did the plan have assets held for investment	2017-12-31	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	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	METZ & ASSOCIATES, PLLC
Accountancy firm EIN	2017-12-31	464558541

Form 5500 Responses for J C BILLION 401K SAVINGS PLAN

2021: J C BILLION 401K SAVINGS PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: J C BILLION 401K SAVINGS PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: J C BILLION 401K SAVINGS PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: J C BILLION 401K SAVINGS PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: J C BILLION 401K SAVINGS PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )

Policy contract number

Policy instance

Total amount of commissions paid to insurance broker	USD $2,048
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $2,048
Insurance broker organization code?	3

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )

Policy contract number

Policy instance

Number of Individuals Covered	84
Total amount of commissions paid to insurance broker	USD $1,038
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $1,038
Insurance broker organization code?	3

AMERICAN NATIONAL INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60739 )

Policy contract number

P9253

Policy instance

Insurance contract or identification number	P9253
Number of Individuals Covered	0
Total amount of commissions paid to insurance broker	USD $3,098
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $2,515
Insurance broker organization code?	3

AMERICAN NATIONAL INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60739 )

Policy contract number

UGN01944

Policy instance

Insurance contract or identification number	UGN01944
Number of Individuals Covered	70
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Total amount of commissions paid to insurance broker	USD $7,426
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	0
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	0
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 $7,365
Insurance broker organization code?	3
Insurance broker name	LAKEVIEW FINANCIAL SERVICE

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Company Name:	J C BILLION, INC.
Employer identification number (EIN):	810375126
NAIC Classification:	441110
NAIC Description:	New Car Dealers