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DAVE POWER AUTOMOTIVE & MARINE INC 401k Plan overview

Plan NameDAVE POWER AUTOMOTIVE & MARINE INC
Plan identification number 001

DAVE POWER AUTOMOTIVE & MARINE INC 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.

401k Sponsoring company profile

DAVE POWER AUTOMOTIVE & MARINE INC has sponsored the creation of one or more 401k plans.

Company Name:DAVE POWER AUTOMOTIVE & MARINE INC
Employer identification number (EIN):201870820

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DAVE POWER AUTOMOTIVE & MARINE INC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012010-01-01DAVE POWER

Plan Statistics for DAVE POWER AUTOMOTIVE & MARINE INC

401k plan membership statisitcs for DAVE POWER AUTOMOTIVE & MARINE INC

Measure Date Value
2010: DAVE POWER AUTOMOTIVE & MARINE INC 2010 401k membership
Total participants, beginning-of-year2010-01-011
Total of all active and inactive participants2010-01-010
Total participants2010-01-010

Financial Data on DAVE POWER AUTOMOTIVE & MARINE INC

Measure Date Value
2010 : DAVE POWER AUTOMOTIVE & MARINE INC 2010 401k financial data
Total income from all sources2010-12-31$2,413
Expenses. Total of all expenses incurred2010-12-31$102,308
Benefits paid (including direct rollovers)2010-12-31$102,308
Total plan assets at end of year2010-12-31$0
Total plan assets at beginning of year2010-12-31$99,895
Other income received2010-12-31$2,413
Net income (gross income less expenses)2010-12-31$-99,895
Net plan assets at end of year (total assets less liabilities)2010-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$99,895

Form 5500 Responses for DAVE POWER AUTOMOTIVE & MARINE INC

2010: DAVE POWER AUTOMOTIVE & MARINE INC 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01This submission is the final filingYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes

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