401k Plan data: HOFFMAN FORDLAND 401(K) SAVINGS PLAN plan

HOFFMAN FORDLAND 401(K) SAVINGS PLAN 401k Plan overview

Plan Name	HOFFMAN FORDLAND 401(K) SAVINGS PLAN
Plan identification number	003

HOFFMAN FORDLAND 401(K) SAVINGS 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.
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

HOFFMAN FORD SALES, INC. has sponsored the creation of one or more 401k plans.

Company Name: HOFFMAN FORD SALES, INC.

Employer identification number (EIN): 231477451

NAIC Classification: 441110
NAIC Description: New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HOFFMAN FORDLAND 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2022-01-01 SABRINA J. GLOTFELTER 2023-07-25
003 2021-01-01 SABRINA J. GLOTFELTER 2022-07-19
003 2020-01-01 SABRINA J. GLOTFELTER 2021-07-06
003 2019-01-01 SABRINA J. GLOTFELTER 2020-10-09
003 2018-01-01
003 2017-01-01
003 2016-01-01
003 2015-01-01
003 2014-01-01 SABRINA J. GLOTFELTER 2015-10-15
003 2013-01-01 SABRINA J. GLOTFELTER 2014-07-30
003 2012-01-01 SABRINA J. GLOTFELTER 2013-10-11
003 2011-01-01 SABRINA J. GLOTFELTER 2012-07-05 EARL B. HOFFMAN JR. 2012-07-05
003 2010-01-01 SABRINA J. GLOTFELTER 2011-09-30 EARL B. HOFFMAN JR. 2011-09-30

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
003	2022-01-01	SABRINA J. GLOTFELTER	2023-07-25
003	2021-01-01	SABRINA J. GLOTFELTER	2022-07-19
003	2020-01-01	SABRINA J. GLOTFELTER	2021-07-06
003	2019-01-01	SABRINA J. GLOTFELTER	2020-10-09
003	2018-01-01
003	2017-01-01
003	2016-01-01
003	2015-01-01
003	2014-01-01	SABRINA J. GLOTFELTER	2015-10-15
003	2013-01-01	SABRINA J. GLOTFELTER	2014-07-30
003	2012-01-01	SABRINA J. GLOTFELTER	2013-10-11
003	2011-01-01	SABRINA J. GLOTFELTER	2012-07-05	EARL B. HOFFMAN JR.	2012-07-05
003	2010-01-01	SABRINA J. GLOTFELTER	2011-09-30	EARL B. HOFFMAN JR.	2011-09-30

Plan Statistics for HOFFMAN FORDLAND 401(K) SAVINGS PLAN

401k plan membership statisitcs for HOFFMAN FORDLAND 401(K) SAVINGS PLAN

Measure Date Value
2016: HOFFMAN FORDLAND 401(K) SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 106
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 94
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 3
Total of all active and inactive participants 2016-01-01 97
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 97
Number of participants with account balances 2016-01-01 49
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 1
2015: HOFFMAN FORDLAND 401(K) SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 124
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 93
Number of retired or separated participants receiving benefits 2015-01-01 3
Number of other retired or separated participants entitled to future benefits 2015-01-01 5
Total of all active and inactive participants 2015-01-01 101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 101
Number of participants with account balances 2015-01-01 53
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 5

Measure	Date	Value
2016: HOFFMAN FORDLAND 401(K) SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	106
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	94
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	3
Total of all active and inactive participants	2016-01-01	97
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	97
Number of participants with account balances	2016-01-01	49
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	1
2015: HOFFMAN FORDLAND 401(K) SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	124
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	93
Number of retired or separated participants receiving benefits	2015-01-01	3
Number of other retired or separated participants entitled to future benefits	2015-01-01	5
Total of all active and inactive participants	2015-01-01	101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	101
Number of participants with account balances	2015-01-01	53
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	5

Financial Data on HOFFMAN FORDLAND 401(K) SAVINGS PLAN

Measure	Date	Value
2016 : HOFFMAN FORDLAND 401(K) SAVINGS PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$500
Total income from all sources (including contributions)	2016-12-31	$283,461
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$122,401
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$116,298
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$185,582
Value of total assets at end of year	2016-12-31	$1,530,642
Value of total assets at beginning of year	2016-12-31	$1,370,082
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$6,103
Total interest from all sources	2016-12-31	$148
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$250,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$166,354
Participant contributions at end of year	2016-12-31	$2,446
Participant contributions at beginning of year	2016-12-31	$3,349
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$51
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2016-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2016-12-31	$500
Total non interest bearing cash at end of year	2016-12-31	$0
Total non interest bearing cash at beginning of year	2016-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$161,060
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$1,530,642
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$1,369,582
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in pooled separate accounts at end of year	2016-12-31	$1,524,844
Value of interest in pooled separate accounts at beginning of year	2016-12-31	$1,361,641
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-31	$3,352
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-31	$5,092
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-31	$5,092
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-12-31	$148
Net investment gain/loss from pooled separate accounts	2016-12-31	$97,731
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$19,177
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$116,298
Contract administrator fees	2016-12-31	$6,103
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	BOYER & RITTER LLC
Accountancy firm EIN	2016-12-31	231311005
2015 : HOFFMAN FORDLAND 401(K) SAVINGS PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$500
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$155,814
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$48,992
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$43,416
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$189,152
Value of total assets at end of year	2015-12-31	$1,370,082
Value of total assets at beginning of year	2015-12-31	$1,262,760
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$5,576
Total interest from all sources	2015-12-31	$58
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$250,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$170,660
Participant contributions at end of year	2015-12-31	$3,349
Participant contributions at beginning of year	2015-12-31	$5,137
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2015-12-31	$500
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2015-12-31	$0
Total non interest bearing cash at end of year	2015-12-31	$0
Total non interest bearing cash at beginning of year	2015-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$106,822
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$1,369,582
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$1,262,760
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Value of interest in pooled separate accounts at end of year	2015-12-31	$1,361,641
Value of interest in pooled separate accounts at beginning of year	2015-12-31	$1,254,657
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2015-12-31	$5,092
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2015-12-31	$2,966
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2015-12-31	$2,966
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2015-12-31	$58
Net investment gain/loss from pooled separate accounts	2015-12-31	$-33,396
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$18,492
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$43,416
Contract administrator fees	2015-12-31	$5,576
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	WAGGONER, FRUITIGER & DAUB, LLP
Accountancy firm EIN	2015-12-31	231583249

Form 5500 Responses for HOFFMAN FORDLAND 401(K) SAVINGS PLAN

2016: HOFFMAN FORDLAND 401(K) SAVINGS PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: HOFFMAN FORDLAND 401(K) SAVINGS PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Insurance	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )

Policy contract number

342111-000

Policy instance

Insurance contract or identification number	342111-000
Number of Individuals Covered	53
Insurance policy start date	2015-01-01
Insurance policy end date	2015-12-31
Total amount of commissions paid to insurance broker	USD $6,551
Total amount of fees paid to insurance company	USD $643
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $2,543
Insurance broker organization code?	3
Amount paid for insurance broker fees	643
Additional information about fees paid to insurance broker	CONTRACT ADMINISTRATOR FEES
Insurance broker name	MERON YEMANE

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Company Name:	HOFFMAN FORD SALES, INC.
Employer identification number (EIN):	231477451
NAIC Classification:	441110
NAIC Description:	New Car Dealers