401k Plan data: PLAZA MOTORS, INC 401(K) PLAN plan

PLAZA MOTORS, INC 401(K) PLAN 401k Plan overview

Plan Name	PLAZA MOTORS, INC 401(K) PLAN
Plan identification number	003

PLAZA MOTORS, INC 401(K) 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

JESSUP AUTO PLAZA has sponsored the creation of one or more 401k plans.

Company Name: JESSUP AUTO PLAZA

Employer identification number (EIN): 951541394

NAIC Classification: 441110
NAIC Description: New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PLAZA MOTORS, INC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2021-01-01 LAURA ARIAS 2022-07-29
003 2020-01-01
003 2020-01-01
003 2019-01-01
003 2019-01-01
003 2018-01-01 DENISE DONALDSON 2019-06-04
003 2017-01-01 DENISE DONALDSON 2018-07-09
003 2016-01-01 DENISE DONALDSON 2017-05-23
003 2015-01-01 DENISE DONALDSON 2016-06-16
003 2014-01-01 DENISE DONALDSON 2015-06-04
003 2013-01-01 DENISE DONALDSON 2014-05-22
003 2012-01-01 DENISE DONALDSON 2013-06-06
003 2011-01-01 DENISE DONALDSON 2012-06-28
003 2010-01-01 DENISE DONALDSON 2011-06-30
003 2009-01-01 ANDREW JESSUP

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
003	2021-01-01	LAURA ARIAS	2022-07-29
003	2020-01-01
003	2020-01-01
003	2019-01-01
003	2019-01-01
003	2018-01-01	DENISE DONALDSON	2019-06-04
003	2017-01-01	DENISE DONALDSON	2018-07-09
003	2016-01-01	DENISE DONALDSON	2017-05-23
003	2015-01-01	DENISE DONALDSON	2016-06-16
003	2014-01-01	DENISE DONALDSON	2015-06-04
003	2013-01-01	DENISE DONALDSON	2014-05-22
003	2012-01-01	DENISE DONALDSON	2013-06-06
003	2011-01-01	DENISE DONALDSON	2012-06-28
003	2010-01-01	DENISE DONALDSON	2011-06-30
003	2009-01-01	ANDREW JESSUP

Plan Statistics for PLAZA MOTORS, INC 401(K) PLAN

401k plan membership statisitcs for PLAZA MOTORS, INC 401(K) PLAN

Measure Date Value
2020: PLAZA MOTORS, INC 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 122
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 85
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 11
Total of all active and inactive participants 2020-01-01 96
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 96
Number of participants with account balances 2020-01-01 43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: PLAZA MOTORS, INC 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 135
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 116
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 9
Total of all active and inactive participants 2019-01-01 125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 125
Number of participants with account balances 2019-01-01 43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2009: PLAZA MOTORS, INC 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 89
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 82
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 14
Total of all active and inactive participants 2009-01-01 96
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 96
Number of participants with account balances 2009-01-01 34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2020: PLAZA MOTORS, INC 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	122
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	85
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	11
Total of all active and inactive participants	2020-01-01	96
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	96
Number of participants with account balances	2020-01-01	43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: PLAZA MOTORS, INC 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	135
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	116
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	9
Total of all active and inactive participants	2019-01-01	125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	125
Number of participants with account balances	2019-01-01	43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2009: PLAZA MOTORS, INC 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	89
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	82
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	14
Total of all active and inactive participants	2009-01-01	96
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	96
Number of participants with account balances	2009-01-01	34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on PLAZA MOTORS, INC 401(K) PLAN

Measure	Date	Value
2020 : PLAZA MOTORS, INC 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total transfer of assets to this plan	2020-12-31	$0
Total transfer of assets from this plan	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$1,058,765
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$297,927
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$295,760
Expenses. Certain deemed distributions of participant loans	2020-12-31	$2,167
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$274,729
Value of total assets at end of year	2020-12-31	$3,814,535
Value of total assets at beginning of year	2020-12-31	$3,053,697
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$0
Total interest from all sources	2020-12-31	$6,496
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$350,773
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$350,773
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$306,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$249,265
Participant contributions at end of year	2020-12-31	$83,330
Participant contributions at beginning of year	2020-12-31	$71,969
Other income not declared elsewhere	2020-12-31	$1
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	$760,838
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$3,814,535
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$3,053,697
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$3,731,205
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$2,981,728
Interest on participant loans	2020-12-31	$6,496
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$426,766
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	$25,464
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$295,760
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	MARYANOV, MADSEN, GORDON AND CAM
Accountancy firm EIN	2020-12-31	953178278
2019 : PLAZA MOTORS, INC 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total transfer of assets to this plan	2019-12-31	$0
Total transfer of assets from this plan	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$927,077
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$400,931
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$397,246
Expenses. Certain deemed distributions of participant loans	2019-12-31	$3,685
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$275,375
Value of total assets at end of year	2019-12-31	$3,053,697
Value of total assets at beginning of year	2019-12-31	$2,527,551
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$0
Total interest from all sources	2019-12-31	$5,180
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$272,796
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$272,796
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$253,000
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	$245,242
Participant contributions at end of year	2019-12-31	$71,969
Participant contributions at beginning of year	2019-12-31	$32,101
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	$526,146
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$3,053,697
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$2,527,551
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$2,981,728
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$2,495,450
Interest on participant loans	2019-12-31	$5,180
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$373,726
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	No
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	$30,133
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$397,246
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	MARYANOV, MADSEN, GORDON AND CAM
Accountancy firm EIN	2019-12-31	953178278
2009 : PLAZA MOTORS, INC 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for PLAZA MOTORS, INC 401(K) PLAN

2020: PLAZA MOTORS, INC 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: PLAZA MOTORS, INC 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2009: PLAZA MOTORS, INC 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	JESSUP AUTO PLAZA
Employer identification number (EIN):	951541394
NAIC Classification:	441110
NAIC Description:	New Car Dealers