401k Plan data: ORR IMPORTS INC 401K PLAN plan

ORR IMPORTS INC 401K PLAN 401k Plan overview

Plan Name	ORR IMPORTS INC 401K PLAN
Plan identification number	001

ORR IMPORTS 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.
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.
Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

ORR IMPORTS INC has sponsored the creation of one or more 401k plans.

Company Name: ORR IMPORTS INC

Employer identification number (EIN): 043800868

NAIC Classification: 441110
NAIC Description: New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ORR IMPORTS INC 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2012-01-01 NICK SUTHEIMER 2012-07-11
001 2011-01-01 RICHARD FURSETH 2012-07-09
001 2010-01-01 NICK SUTHEIMER 2011-09-15
001 2008-01-01 NICK SUTHEIMER
001 2007-01-01 NICK SUTHEIMER
001 2006-01-01 NICK SUTHEIMER

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2012-01-01	NICK SUTHEIMER	2012-07-11
001	2011-01-01	RICHARD FURSETH	2012-07-09
001	2010-01-01	NICK SUTHEIMER	2011-09-15
001	2008-01-01	NICK SUTHEIMER
001	2007-01-01	NICK SUTHEIMER
001	2006-01-01	NICK SUTHEIMER

Plan Statistics for ORR IMPORTS INC 401K PLAN

401k plan membership statisitcs for ORR IMPORTS INC 401K PLAN

Measure Date Value
2008: ORR IMPORTS INC 401K PLAN 2008 401k membership
Total participants, beginning-of-year 2008-01-01 26
Total number of active participants reported on line 7a of the Form 5500 2008-01-01 38
Number of retired or separated participants receiving benefits 2008-01-01 0
Number of other retired or separated participants entitled to future benefits 2008-01-01 1
Total of all active and inactive participants 2008-01-01 39
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2008-01-01 0
Total participants 2008-01-01 39
Number of participants with account balances 2008-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2008-01-01 0
2007: ORR IMPORTS INC 401K PLAN 2007 401k membership
Total participants, beginning-of-year 2007-01-01 24
Total number of active participants reported on line 7a of the Form 5500 2007-01-01 42
Number of retired or separated participants receiving benefits 2007-01-01 0
Number of other retired or separated participants entitled to future benefits 2007-01-01 2
Total of all active and inactive participants 2007-01-01 44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2007-01-01 0
Total participants 2007-01-01 44
Number of participants with account balances 2007-01-01 8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2007-01-01 0
2006: ORR IMPORTS INC 401K PLAN 2006 401k membership
Total participants, beginning-of-year 2006-01-01 27
Total number of active participants reported on line 7a of the Form 5500 2006-01-01 19
Number of retired or separated participants receiving benefits 2006-01-01 0
Number of other retired or separated participants entitled to future benefits 2006-01-01 2
Total of all active and inactive participants 2006-01-01 21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2006-01-01 0
Total participants 2006-01-01 21
Number of participants with account balances 2006-01-01 8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2006-01-01 0

Measure	Date	Value
2008: ORR IMPORTS INC 401K PLAN 2008 401k membership
Total participants, beginning-of-year	2008-01-01	26
Total number of active participants reported on line 7a of the Form 5500	2008-01-01	38
Number of retired or separated participants receiving benefits	2008-01-01	0
Number of other retired or separated participants entitled to future benefits	2008-01-01	1
Total of all active and inactive participants	2008-01-01	39
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2008-01-01	0
Total participants	2008-01-01	39
Number of participants with account balances	2008-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2008-01-01	0
2007: ORR IMPORTS INC 401K PLAN 2007 401k membership
Total participants, beginning-of-year	2007-01-01	24
Total number of active participants reported on line 7a of the Form 5500	2007-01-01	42
Number of retired or separated participants receiving benefits	2007-01-01	0
Number of other retired or separated participants entitled to future benefits	2007-01-01	2
Total of all active and inactive participants	2007-01-01	44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2007-01-01	0
Total participants	2007-01-01	44
Number of participants with account balances	2007-01-01	8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2007-01-01	0
2006: ORR IMPORTS INC 401K PLAN 2006 401k membership
Total participants, beginning-of-year	2006-01-01	27
Total number of active participants reported on line 7a of the Form 5500	2006-01-01	19
Number of retired or separated participants receiving benefits	2006-01-01	0
Number of other retired or separated participants entitled to future benefits	2006-01-01	2
Total of all active and inactive participants	2006-01-01	21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2006-01-01	0
Total participants	2006-01-01	21
Number of participants with account balances	2006-01-01	8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2006-01-01	0

Financial Data on ORR IMPORTS INC 401K PLAN

Measure	Date	Value
2008 : ORR IMPORTS INC 401K PLAN 2008 401k financial data
Transfers to/from the plan	2008-12-31	$0
Total plan liabilities at end of year	2008-12-31	$0
Total plan liabilities at beginning of year	2008-12-31	$0
Total income from all sources	2008-12-31	$-33,883
Expenses. Total of all expenses incurred	2008-12-31	$8,295
Benefits paid (including direct rollovers)	2008-12-31	$8,295
Total plan assets at end of year	2008-12-31	$116,414
Total plan assets at beginning of year	2008-12-31	$158,592
Value of fidelity bond covering the plan	2008-12-31	$100,000
Total contributions received or receivable from participants	2008-12-31	$9,728
Expenses. Other expenses not covered elsewhere	2008-12-31	$0
Contributions received from other sources (not participants or employers)	2008-12-31	$0
Other income received	2008-12-31	$-43,611
Noncash contributions received	2008-12-31	$0
Net income (gross income less expenses)	2008-12-31	$-42,178
Net plan assets at end of year (total assets less liabilities)	2008-12-31	$116,414
Net plan assets at beginning of year (total assets less liabilities)	2008-12-31	$158,592
Assets. Value of participant loans	2008-12-31	$2
Total contributions received or receivable from employer(s)	2008-12-31	$0
Value of certain deemed distributions of participant loans	2008-12-31	$0
Value of corrective distributions	2008-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2008-12-31	$0
2007 : ORR IMPORTS INC 401K PLAN 2007 401k financial data
Transfers to/from the plan	2007-12-31	$0
Total plan liabilities at end of year	2007-12-31	$0
Total plan liabilities at beginning of year	2007-12-31	$0
Total income from all sources	2007-12-31	$18,074
Expenses. Total of all expenses incurred	2007-12-31	$601
Benefits paid (including direct rollovers)	2007-12-31	$0
Total plan assets at end of year	2007-12-31	$158,592
Total plan assets at beginning of year	2007-12-31	$141,119
Value of fidelity bond covering the plan	2007-12-31	$100,000
Total contributions received or receivable from participants	2007-12-31	$11,798
Expenses. Other expenses not covered elsewhere	2007-12-31	$601
Contributions received from other sources (not participants or employers)	2007-12-31	$0
Other income received	2007-12-31	$6,276
Noncash contributions received	2007-12-31	$0
Net income (gross income less expenses)	2007-12-31	$17,473
Net plan assets at end of year (total assets less liabilities)	2007-12-31	$158,592
Net plan assets at beginning of year (total assets less liabilities)	2007-12-31	$141,119
Total contributions received or receivable from employer(s)	2007-12-31	$0
Value of certain deemed distributions of participant loans	2007-12-31	$0
Value of corrective distributions	2007-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2007-12-31	$0
2006 : ORR IMPORTS INC 401K PLAN 2006 401k financial data
Transfers to/from the plan	2006-12-31	$0
Total plan liabilities at end of year	2006-12-31	$0
Total plan liabilities at beginning of year	2006-12-31	$0
Total income from all sources	2006-12-31	$28,813
Expenses. Total of all expenses incurred	2006-12-31	$0
Benefits paid (including direct rollovers)	2006-12-31	$0
Total plan assets at end of year	2006-12-31	$141,119
Total plan assets at beginning of year	2006-12-31	$112,306
Value of fidelity bond covering the plan	2006-12-31	$10,000
Total contributions received or receivable from participants	2006-12-31	$14,555
Expenses. Other expenses not covered elsewhere	2006-12-31	$0
Contributions received from other sources (not participants or employers)	2006-12-31	$0
Other income received	2006-12-31	$14,258
Noncash contributions received	2006-12-31	$0
Net income (gross income less expenses)	2006-12-31	$28,813
Net plan assets at end of year (total assets less liabilities)	2006-12-31	$141,119
Net plan assets at beginning of year (total assets less liabilities)	2006-12-31	$112,306
Total contributions received or receivable from employer(s)	2006-12-31	$0
Value of certain deemed distributions of participant loans	2006-12-31	$0
Value of corrective distributions	2006-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2006-12-31	$0
2005 : ORR IMPORTS INC 401K PLAN 2005 401k financial data
Transfers to/from the plan	2005-12-31	$0
Total plan liabilities at end of year	2005-12-31	$0
Total plan liabilities at beginning of year	2005-12-31	$0
Total income from all sources	2005-12-31	$113,070
Expenses. Total of all expenses incurred	2005-12-31	$764
Benefits paid (including direct rollovers)	2005-12-31	$764
Total plan assets at end of year	2005-12-31	$112,306
Total plan assets at beginning of year	2005-12-31	$0
Value of fidelity bond covering the plan	2005-12-31	$10,000
Total contributions received or receivable from participants	2005-12-31	$11,180
Expenses. Other expenses not covered elsewhere	2005-12-31	$0
Contributions received from other sources (not participants or employers)	2005-12-31	$93,709
Other income received	2005-12-31	$8,181
Noncash contributions received	2005-12-31	$0
Net income (gross income less expenses)	2005-12-31	$112,306
Net plan assets at end of year (total assets less liabilities)	2005-12-31	$112,306
Net plan assets at beginning of year (total assets less liabilities)	2005-12-31	$0
Total contributions received or receivable from employer(s)	2005-12-31	$0
Value of certain deemed distributions of participant loans	2005-12-31	$0
Value of corrective distributions	2005-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2005-12-31	$0

Form 5500 Responses for ORR IMPORTS INC 401K PLAN

2008: ORR IMPORTS INC 401K PLAN 2008 form 5500 responses
2008-01-01	Type of plan entity	Single employer plan
2008-01-01	Submission has been amended	Yes
2008-01-01	This submission is the final filing	No
2008-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2008-01-01	Plan is a collectively bargained plan	No
2008-01-01	Plan funding arrangement – Insurance	Yes
2008-01-01	Plan funding arrangement – Trust	Yes
2008-01-01	Plan benefit arrangement – Insurance	Yes
2008-01-01	Plan benefit arrangement - Trust	Yes
2007: ORR IMPORTS INC 401K PLAN 2007 form 5500 responses
2007-01-01	Type of plan entity	Single employer plan
2007-01-01	Submission has been amended	Yes
2007-01-01	This submission is the final filing	No
2007-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2007-01-01	Plan is a collectively bargained plan	No
2007-01-01	Plan funding arrangement – Insurance	Yes
2007-01-01	Plan funding arrangement – Trust	Yes
2007-01-01	Plan benefit arrangement – Insurance	Yes
2007-01-01	Plan benefit arrangement - Trust	Yes
2006: ORR IMPORTS INC 401K PLAN 2006 form 5500 responses
2006-01-01	Type of plan entity	Single employer plan
2006-01-01	Submission has been amended	Yes
2006-01-01	This submission is the final filing	No
2006-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2006-01-01	Plan is a collectively bargained plan	No
2006-01-01	Plan funding arrangement – Insurance	Yes
2006-01-01	Plan funding arrangement – Trust	Yes
2006-01-01	Plan benefit arrangement – Insurance	Yes
2006-01-01	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	87-50642-71
Policy instance	1
SENTRY LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68810 )
Policy contract number	87-50642-71
Policy instance	1
SENTRY LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68810 )
Policy contract number	87-50642-71
Policy instance	1
SENTRY LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68810 )
Policy contract number	87-50642-71
Policy instance	1

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Company Name:	ORR IMPORTS INC
Employer identification number (EIN):	043800868
NAIC Classification:	441110
NAIC Description:	New Car Dealers