401k Plan data: PLAZA MOTOR COMPANY PAYROLL SAVINGS PLAN plan

PLAZA MOTOR COMPANY PAYROLL SAVINGS PLAN 401k Plan overview

Plan Name	PLAZA MOTOR COMPANY PAYROLL SAVINGS PLAN
Plan identification number	002

PLAZA MOTOR COMPANY PAYROLL 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.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ASBURY AUTOMOTIVE GROUP, LLC has sponsored the creation of one or more 401k plans.

Company Name: ASBURY AUTOMOTIVE GROUP, LLC

Employer identification number (EIN): 232790555

NAIC Classification: 441110
NAIC Description: New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PLAZA MOTOR COMPANY PAYROLL SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2012-01-01 JOE PARHAM
002 2011-01-01 JOE PARHAM

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2012-01-01	JOE PARHAM
002	2011-01-01	JOE PARHAM

Plan Statistics for PLAZA MOTOR COMPANY PAYROLL SAVINGS PLAN

401k plan membership statisitcs for PLAZA MOTOR COMPANY PAYROLL SAVINGS PLAN

Measure Date Value
2012: PLAZA MOTOR COMPANY PAYROLL SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 330
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 0
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 0
Number of participants with account balances 2012-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: PLAZA MOTOR COMPANY PAYROLL SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 316
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 286
Number of retired or separated participants receiving benefits 2011-01-01 1
Number of other retired or separated participants entitled to future benefits 2011-01-01 43
Total of all active and inactive participants 2011-01-01 330
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 330
Number of participants with account balances 2011-01-01 273
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 10

Measure	Date	Value
2012: PLAZA MOTOR COMPANY PAYROLL SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	330
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	0
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	0
Number of participants with account balances	2012-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: PLAZA MOTOR COMPANY PAYROLL SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	316
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	286
Number of retired or separated participants receiving benefits	2011-01-01	1
Number of other retired or separated participants entitled to future benefits	2011-01-01	43
Total of all active and inactive participants	2011-01-01	330
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	330
Number of participants with account balances	2011-01-01	273
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	10

Financial Data on PLAZA MOTOR COMPANY PAYROLL SAVINGS PLAN

Measure	Date	Value
2012 : PLAZA MOTOR COMPANY PAYROLL SAVINGS PLAN 2012 401k financial data
Total transfer of assets from this plan	2012-06-29	$19,152,599
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-06-29	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-06-29	$0
Total income from all sources (including contributions)	2012-06-29	$1,974,000
Total of all expenses incurred	2012-06-29	$3,258,693
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-06-29	$3,255,427
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-06-29	$523,214
Value of total assets at end of year	2012-06-29	$0
Value of total assets at beginning of year	2012-06-29	$20,437,292
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-06-29	$3,266
Total interest from all sources	2012-06-29	$117
Total dividends received (eg from common stock, registered investment company shares)	2012-06-29	$63,443
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-06-29	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-06-29	$63,443
Was this plan covered by a fidelity bond	2012-06-29	Yes
Value of fidelity bond cover	2012-06-29	$5,000,000
If this is an individual account plan, was there a blackout period	2012-06-29	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-06-29	$0
Were there any nonexempt tranactions with any party-in-interest	2012-06-29	No
Contributions received from participants	2012-06-29	$461,391
Administrative expenses (other) incurred	2012-06-29	$3,266
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-06-29	No
Value of net income/loss	2012-06-29	$-1,284,693
Value of net assets at end of year (total assets less liabilities)	2012-06-29	$0
Value of net assets at beginning of year (total assets less liabilities)	2012-06-29	$20,437,292
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-06-29	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-06-29	No
Were any leases to which the plan was party in default or uncollectible	2012-06-29	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-06-29	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-06-29	$18,413,220
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-06-29	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-06-29	$1,860,545
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-06-29	$1,860,545
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-06-29	$117
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-06-29	$1,387,226
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-06-29	No
Was there a failure to transmit to the plan any participant contributions	2012-06-29	No
Has the plan failed to provide any benefit when due under the plan	2012-06-29	No
Contributions received in cash from employer	2012-06-29	$61,823
Employer contributions (assets) at end of year	2012-06-29	$0
Employer contributions (assets) at beginning of year	2012-06-29	$163,527
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-06-29	$3,255,427
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2012-06-29	No
Did the plan have assets held for investment	2012-06-29	No
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	2012-06-29	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-06-29	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-06-29	Yes
Opinion of an independent qualified public accountant for this plan	2012-06-29	Disclaimer
Accountancy firm name	2012-06-29	CROWE HORWATH
Accountancy firm EIN	2012-06-29	350921680
2011 : PLAZA MOTOR COMPANY PAYROLL SAVINGS PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total transfer of assets to this plan	2011-12-31	$481
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$-256,205
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$3,204,140
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$3,177,281
Value of total corrective distributions	2011-12-31	$4,654
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$1,095,436
Value of total assets at end of year	2011-12-31	$20,437,292
Value of total assets at beginning of year	2011-12-31	$23,897,156
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$22,205
Total interest from all sources	2011-12-31	$6,848
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$781,367
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$781,367
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$931,909
Administrative expenses (other) incurred	2011-12-31	$22,205
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-3,460,345
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$20,437,292
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$23,897,156
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$18,413,220
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$23,201,263
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$1,860,545
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$331,337
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$331,337
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$6,848
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-2,139,856
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$163,527
Employer contributions (assets) at end of year	2011-12-31	$163,527
Employer contributions (assets) at beginning of year	2011-12-31	$364,556
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$3,177,281
Did the plan have assets held for investment	2011-12-31	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	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	CROWE HORWATH, LLP
Accountancy firm EIN	2011-12-31	350921680

Form 5500 Responses for PLAZA MOTOR COMPANY PAYROLL SAVINGS PLAN

2012: PLAZA MOTOR COMPANY PAYROLL SAVINGS PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	Yes
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: PLAZA MOTOR COMPANY PAYROLL SAVINGS PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	ASBURY AUTOMOTIVE GROUP, LLC
Employer identification number (EIN):	232790555
NAIC Classification:	441110
NAIC Description:	New Car Dealers