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Plan Name | VICTORIA MOTORS EMPLOYEE BENEFITS PLAN |
Plan identification number | 501 |
401k Plan Type | Welfare Benefit |
Plan Features/Benefits |
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Company Name: | VICTORIA MOTORS, INC. VICTORY PONTIAC BUICK GMC |
Employer identification number (EIN): | 205646629 |
NAIC Classification: | 441110 |
NAIC Description: | New Car Dealers |
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
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501 | 2021-01-01 | ||||
501 | 2020-01-01 | ||||
501 | 2020-01-01 |
Measure | Date | Value |
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2021: VICTORIA MOTORS EMPLOYEE BENEFITS PLAN 2021 401k membership | ||
Total participants, beginning-of-year | 2021-01-01 | 39 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 36 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 0 |
Total of all active and inactive participants | 2021-01-01 | 36 |
2020: VICTORIA MOTORS EMPLOYEE BENEFITS PLAN 2020 401k membership | ||
Total participants, beginning-of-year | 2020-01-01 | 50 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 55 |
Total of all active and inactive participants | 2020-01-01 | 55 |
Measure | Date | Value |
---|---|---|
2021 : VICTORIA MOTORS EMPLOYEE BENEFITS PLAN 2021 401k financial data | ||
Total plan liabilities at end of year | 2021-12-31 | $20,670 |
Total income from all sources | 2021-12-31 | $359,914 |
Expenses. Total of all expenses incurred | 2021-12-31 | $395,951 |
Benefits paid (including direct rollovers) | 2021-12-31 | $358,518 |
Total plan assets at end of year | 2021-12-31 | $0 |
Total plan assets at beginning of year | 2021-12-31 | $15,367 |
Value of fidelity bond covering the plan | 2021-12-31 | $100,000 |
Total contributions received or receivable from participants | 2021-12-31 | $126,544 |
Expenses. Other expenses not covered elsewhere | 2021-12-31 | $5,817 |
Net income (gross income less expenses) | 2021-12-31 | $-36,037 |
Net plan assets at end of year (total assets less liabilities) | 2021-12-31 | $-20,670 |
Net plan assets at beginning of year (total assets less liabilities) | 2021-12-31 | $15,367 |
Total contributions received or receivable from employer(s) | 2021-12-31 | $233,370 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2021-12-31 | $31,616 |
2020 : VICTORIA MOTORS EMPLOYEE BENEFITS PLAN 2020 401k financial data | ||
Total income from all sources | 2020-12-31 | $224,083 |
Expenses. Total of all expenses incurred | 2020-12-31 | $208,716 |
Benefits paid (including direct rollovers) | 2020-12-31 | $170,311 |
Total plan assets at end of year | 2020-12-31 | $15,367 |
Total plan assets at beginning of year | 2020-12-31 | $0 |
Value of fidelity bond covering the plan | 2020-12-31 | $100,000 |
Total contributions received or receivable from participants | 2020-12-31 | $133,767 |
Expenses. Other expenses not covered elsewhere | 2020-12-31 | $5,645 |
Net income (gross income less expenses) | 2020-12-31 | $15,367 |
Net plan assets at end of year (total assets less liabilities) | 2020-12-31 | $15,367 |
Net plan assets at beginning of year (total assets less liabilities) | 2020-12-31 | $0 |
Total contributions received or receivable from employer(s) | 2020-12-31 | $90,316 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2020-12-31 | $32,760 |
2021: VICTORIA MOTORS EMPLOYEE BENEFITS PLAN 2021 form 5500 responses | ||
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2021-01-01 | Type of plan entity | Single employer plan |
2021-01-01 | Plan funding arrangement – Insurance | Yes |
2021-01-01 | Plan funding arrangement – Trust | Yes |
2021-01-01 | Plan benefit arrangement – Insurance | Yes |
2021-01-01 | Plan benefit arrangement - Trust | Yes |
2020: VICTORIA MOTORS EMPLOYEE BENEFITS PLAN 2020 form 5500 responses | ||
2020-01-01 | Type of plan entity | Single employer plan |
2020-01-01 | First time form 5500 has been submitted | Yes |
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 – Insurance | Yes |
2020-01-01 | Plan funding arrangement – Trust | Yes |
2020-01-01 | Plan benefit arrangement – Insurance | Yes |
2020-01-01 | Plan benefit arrangement - Trust | Yes |
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 ) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Policy contract number | 00566957 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Policy instance | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 ) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Policy contract number | 00566957 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Policy instance | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 ) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Policy contract number | 00566958 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Policy instance | 2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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