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STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameSTEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 001

STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST Benefits

401k Plan TypeDefined 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

STEVENS FORD INC. has sponsored the creation of one or more 401k plans.

Company Name:STEVENS FORD INC.
Employer identification number (EIN):060645766
NAIC Classification:441110
NAIC Description:New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012017-01-01DAVID H STEVENS
0012016-01-01DAVID H STEVENS
0012015-01-01LYNN FEINEIGLE2016-09-26

Plan Statistics for STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2022: STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 2022 401k membership
Total participants, beginning-of-year2022-01-0184
Total number of active participants reported on line 7a of the Form 55002022-01-0155
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0122
Total of all active and inactive participants2022-01-0177
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0177
Number of participants with account balances2022-01-0148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 2021 401k membership
Total participants, beginning-of-year2021-01-0173
Total number of active participants reported on line 7a of the Form 55002021-01-0154
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0122
Total of all active and inactive participants2021-01-0176
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0176
Number of participants with account balances2021-01-0148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 2020 401k membership
Total participants, beginning-of-year2020-01-0174
Total number of active participants reported on line 7a of the Form 55002020-01-0148
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0125
Total of all active and inactive participants2020-01-0173
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0173
Number of participants with account balances2020-01-0150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-0174
Total number of active participants reported on line 7a of the Form 55002019-01-0148
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0126
Total of all active and inactive participants2019-01-0174
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0174
Number of participants with account balances2019-01-0152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-011
2017: STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 2017 401k membership
Total participants, beginning-of-year2017-01-0178
Total number of active participants reported on line 7a of the Form 55002017-01-0156
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0123
Total of all active and inactive participants2017-01-0179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0179
Number of participants with account balances2017-01-0146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-0184
Total number of active participants reported on line 7a of the Form 55002016-01-0153
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0125
Total of all active and inactive participants2016-01-0178
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0178
Number of participants with account balances2016-01-0147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-012

Financial Data on STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2022 : STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$-301,405
Expenses. Total of all expenses incurred2022-12-31$52,417
Benefits paid (including direct rollovers)2022-12-31$40,828
Total plan assets at end of year2022-12-31$1,849,085
Total plan assets at beginning of year2022-12-31$2,202,907
Value of fidelity bond covering the plan2022-12-31$100,000
Total contributions received or receivable from participants2022-12-31$45,474
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$7,370
Other income received2022-12-31$-357,916
Net income (gross income less expenses)2022-12-31$-353,822
Net plan assets at end of year (total assets less liabilities)2022-12-31$1,849,085
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$2,202,907
Assets. Value of participant loans2022-12-31$19,049
Total contributions received or receivable from employer(s)2022-12-31$3,667
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$8
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$11,581
2021 : STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$324,828
Expenses. Total of all expenses incurred2021-12-31$71,636
Benefits paid (including direct rollovers)2021-12-31$50,650
Total plan assets at end of year2021-12-31$2,202,907
Total plan assets at beginning of year2021-12-31$1,949,715
Value of fidelity bond covering the plan2021-12-31$100,000
Total contributions received or receivable from participants2021-12-31$60,082
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$260,906
Net income (gross income less expenses)2021-12-31$253,192
Net plan assets at end of year (total assets less liabilities)2021-12-31$2,202,907
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$1,949,715
Assets. Value of participant loans2021-12-31$35,603
Total contributions received or receivable from employer(s)2021-12-31$3,840
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$9,351
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$11,635
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Funding deficiency by the employer to the plan for this plan year2021-12-31$0
Minimum employer required contribution for this plan year2021-12-31$0
Amount contributed by the employer to the plan for this plan year2021-12-31$0
2020 : STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$321,716
Expenses. Total of all expenses incurred2020-12-31$20,567
Benefits paid (including direct rollovers)2020-12-31$10,982
Total plan assets at end of year2020-12-31$1,949,715
Total plan assets at beginning of year2020-12-31$1,648,566
Value of fidelity bond covering the plan2020-12-31$100,000
Total contributions received or receivable from participants2020-12-31$58,826
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$258,601
Net income (gross income less expenses)2020-12-31$301,149
Net plan assets at end of year (total assets less liabilities)2020-12-31$1,949,715
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$1,648,566
Assets. Value of participant loans2020-12-31$33,663
Total contributions received or receivable from employer(s)2020-12-31$4,289
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$9,585
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Funding deficiency by the employer to the plan for this plan year2020-12-31$0
Minimum employer required contribution for this plan year2020-12-31$0
Amount contributed by the employer to the plan for this plan year2020-12-31$0
2019 : STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$365,040
Expenses. Total of all expenses incurred2019-12-31$171,212
Benefits paid (including direct rollovers)2019-12-31$162,057
Total plan assets at end of year2019-12-31$1,648,566
Total plan assets at beginning of year2019-12-31$1,454,738
Value of fidelity bond covering the plan2019-12-31$100,000
Total contributions received or receivable from participants2019-12-31$63,108
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$297,544
Net income (gross income less expenses)2019-12-31$193,828
Net plan assets at end of year (total assets less liabilities)2019-12-31$1,648,566
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,454,738
Assets. Value of participant loans2019-12-31$34,588
Total contributions received or receivable from employer(s)2019-12-31$4,388
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$9,155
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Funding deficiency by the employer to the plan for this plan year2019-12-31$0
Minimum employer required contribution for this plan year2019-12-31$0
Amount contributed by the employer to the plan for this plan year2019-12-31$0
2017 : STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$281,530
Expenses. Total of all expenses incurred2017-12-31$92,379
Benefits paid (including direct rollovers)2017-12-31$83,619
Total plan assets at end of year2017-12-31$1,583,820
Total plan assets at beginning of year2017-12-31$1,394,669
Value of fidelity bond covering the plan2017-12-31$0
Total contributions received or receivable from participants2017-12-31$84,966
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$191,227
Net income (gross income less expenses)2017-12-31$189,151
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,583,820
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,394,669
Assets. Value of participant loans2017-12-31$84,079
Total contributions received or receivable from employer(s)2017-12-31$5,337
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$8,760
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Funding deficiency by the employer to the plan for this plan year2017-12-31$0
Minimum employer required contribution for this plan year2017-12-31$0
Amount contributed by the employer to the plan for this plan year2017-12-31$0
2016 : STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$245,063
Expenses. Total of all expenses incurred2016-12-31$342,556
Benefits paid (including direct rollovers)2016-12-31$328,061
Total plan assets at end of year2016-12-31$1,394,669
Total plan assets at beginning of year2016-12-31$1,492,162
Value of fidelity bond covering the plan2016-12-31$160,000
Total contributions received or receivable from participants2016-12-31$81,771
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$47,303
Other income received2016-12-31$108,684
Net income (gross income less expenses)2016-12-31$-97,493
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,394,669
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,492,162
Assets. Value of participant loans2016-12-31$43,579
Total contributions received or receivable from employer(s)2016-12-31$7,305
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$5,550
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$8,945
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Funding deficiency by the employer to the plan for this plan year2016-12-31$0
Minimum employer required contribution for this plan year2016-12-31$0
Amount contributed by the employer to the plan for this plan year2016-12-31$0

Form 5500 Responses for STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST

2022: STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2017: STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: STEVENS FORD INC. 401(K) PROFIT SHARING PLAN & TRUST 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

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