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| Plan Name | HIGHWAY MOTORS, INC. 401(K) PLAN |
| Plan identification number | 001 |
| 401k Plan Type | Defined Contribution Pension |
| Plan Features/Benefits |
|
| Company Name: | HIGHWAY MOTORS, INC. |
| Employer identification number (EIN): | 900211484 |
| NAIC Classification: | 441120 |
| NAIC Description: | Used Car Dealers |
Additional information about HIGHWAY MOTORS, INC.
| Jurisdiction of Incorporation: | California Department of State |
| Incorporation Date: | 2004-02-26 |
| Company Identification Number: | C2647996 |
| Legal Registered Office Address: |
2961 Hwy 32#71 Chico United States of America (USA) 95973 |
More information about HIGHWAY MOTORS, INC.
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|---|---|---|---|---|
| 001 | 2023-01-01 | HOLLY LIBBY | 2024-08-13 | ||
| 001 | 2022-01-01 | HOLLY LIBBY | 2023-05-16 | ||
| 001 | 2021-01-01 | HOLLY LIBBY | 2022-07-11 | HOLLY LIBBY | 2022-07-11 |
| 001 | 2020-01-01 | HOLLY LIBBY | 2021-04-27 | ||
| 001 | 2018-01-01 | HOLLY LIBBY | 2019-06-04 | ||
| 001 | 2017-01-01 | HOLLY LIBBY | 2018-06-05 |
| Measure | Date | Value |
|---|---|---|
| 2025: HIGHWAY MOTORS, INC. 401(K) PLAN 2025 401k membership | ||
| Total number of particpants at beginning of year | 2025-05-16 | 18 |
| Total number of particpants at end of year | 2025-05-16 | 15 |
| Number of Participants With Account Balances | 2025-05-16 | 10 |
| 2024: HIGHWAY MOTORS, INC. 401(K) PLAN 2024 401k membership | ||
| Total number of particpants at beginning of year | 2024-08-13 | 17 |
| Total number of particpants at end of year | 2024-08-13 | 18 |
| Number of Participants With Account Balances | 2024-08-13 | 10 |
| Measure | Date | Value |
|---|---|---|
| 2025 : HIGHWAY MOTORS, INC. 401(K) PLAN 2025 401k financial data | ||
| Total liabilities as of the beginning of the plan year | 2025-05-16 | 0 |
| Total expenses incurred by plan in this plan year | 2025-05-16 | 3500 |
| Net assets as of the end of the plan year | 2025-05-16 | 652062 |
| Total assets as of the beginning of the plan year | 2025-05-16 | 507986 |
| Value of plan covered by a fidelity bond | 2025-05-16 | 60000 |
| Participant contributions to plan in this plan year | 2025-05-16 | 60273 |
| Other income to plan in this plan year | 2025-05-16 | 74785 |
| Plan net income in this plan year | 2025-05-16 | 144076 |
| Net assets as of the end of the plan year | 2025-05-16 | 652062 |
| Net assets as of the beginning of the plan year | 2025-05-16 | 507986 |
| Employer contributions to plan in this plan year | 2025-05-16 | 12518 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-05-16 | 75 |
| 2024 : HIGHWAY MOTORS, INC. 401(K) PLAN 2024 401k financial data | ||
| Total liabilities as of the beginning of the plan year | 2024-08-13 | 0 |
| Total expenses incurred by plan in this plan year | 2024-08-13 | 26188 |
| Net assets as of the end of the plan year | 2024-08-13 | 507986 |
| Total assets as of the beginning of the plan year | 2024-08-13 | 397347 |
| Value of plan covered by a fidelity bond | 2024-08-13 | 50000 |
| Participant contributions to plan in this plan year | 2024-08-13 | 57465 |
| Value of participant loans at end of plan year | 2024-08-13 | 0 |
| Other income to plan in this plan year | 2024-08-13 | 66875 |
| Plan net income in this plan year | 2024-08-13 | 110639 |
| Net assets as of the end of the plan year | 2024-08-13 | 507986 |
| Net assets as of the beginning of the plan year | 2024-08-13 | 397347 |
| Employer contributions to plan in this plan year | 2024-08-13 | 12487 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-08-13 | 225 |