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PRESTIGE VOLVO 401(K) PLAN 401k Plan overview

Plan NamePRESTIGE VOLVO 401(K) PLAN
Plan identification number 001

PRESTIGE VOLVO 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • 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.

401k Sponsoring company profile

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

Company Name:PRESTIGE IMPORTS, INC.
Employer identification number (EIN):222318750
NAIC Classification:441110
NAIC Description:New Car Dealers

Additional information about PRESTIGE IMPORTS, INC.

Jurisdiction of Incorporation: Washington Secretary of State Corporations Division
Incorporation Date: 1999-06-28
Company Identification Number: 601964116
Legal Registered Office Address: 3611 A STREET SE

AUBURN
United States of America (USA)
98002

More information about PRESTIGE IMPORTS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRESTIGE VOLVO 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012011-01-01TERESA COLLINS

Financial Data on PRESTIGE VOLVO 401(K) PLAN

Measure Date Value
2011 : PRESTIGE VOLVO 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$146,162
Expenses. Total of all expenses incurred2011-12-31$43,798
Benefits paid (including direct rollovers)2011-12-31$29,200
Total plan assets at end of year2011-12-31$959,565
Total plan assets at beginning of year2011-12-31$857,201
Value of fidelity bond covering the plan2011-12-31$75,000
Total contributions received or receivable from participants2011-12-31$132,337
Expenses. Other expenses not covered elsewhere2011-12-31$14,598
Contributions received from other sources (not participants or employers)2011-12-31$2,092
Other income received2011-12-31$-24,493
Net income (gross income less expenses)2011-12-31$102,364
Net plan assets at end of year (total assets less liabilities)2011-12-31$959,565
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$857,201
Total contributions received or receivable from employer(s)2011-12-31$36,226
2010 : PRESTIGE VOLVO 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$221,572
Expenses. Total of all expenses incurred2010-12-31$73,581
Benefits paid (including direct rollovers)2010-12-31$62,673
Total plan assets at end of year2010-12-31$857,201
Total plan assets at beginning of year2010-12-31$709,210
Value of fidelity bond covering the plan2010-12-31$75,000
Total contributions received or receivable from participants2010-12-31$103,895
Expenses. Other expenses not covered elsewhere2010-12-31$10,908
Other income received2010-12-31$117,677
Net income (gross income less expenses)2010-12-31$147,991
Net plan assets at end of year (total assets less liabilities)2010-12-31$857,201
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$709,210

Form 5500 Responses for PRESTIGE VOLVO 401(K) PLAN

2011: PRESTIGE VOLVO 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes

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