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RAPID CAR WASH 401(K) PLAN 401k Plan overview

Plan NameRAPID CAR WASH 401(K) PLAN
Plan identification number 001

RAPID CAR WASH 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.
  • 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

PERINTON RAPID LASER WASH LLC has sponsored the creation of one or more 401k plans.

Company Name:PERINTON RAPID LASER WASH LLC
Employer identification number (EIN):263719607
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RAPID CAR WASH 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01CHRIS HORNE2024-07-23
0012022-01-01CHRIS HORNE2023-07-18
0012021-01-01CHRIS HORNE2022-09-26
0012020-01-01MICHELLE LANDERS2021-06-22
0012019-01-01MICHELLE LANDERS2020-06-03
0012018-01-01MICHELLE LANDERS2019-07-18

Financial Data on RAPID CAR WASH 401(K) PLAN

Measure Date Value
2025 : RAPID CAR WASH 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-180
Total expenses incurred by plan in this plan year2025-07-186635
Net assets as of the end of the plan year2025-07-1816359
Total assets as of the beginning of the plan year2025-07-1812466
Value of plan covered by a fidelity bond2025-07-1810000
Participant contributions to plan in this plan year2025-07-185483
Value of participant loans at end of plan year2025-07-180
Other contributions to plan in this plan year2025-07-180
Other income to plan in this plan year2025-07-181679
Plan net income in this plan year2025-07-183893
Net assets as of the end of the plan year2025-07-1816359
Net assets as of the beginning of the plan year2025-07-1812466
Value of contributions failed to transmitted timely2025-07-180
Employer contributions to plan in this plan year2025-07-183366
Fees paid to broker by Benefit Provider2025-07-180
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-1880
2024 : RAPID CAR WASH 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-230
Total expenses incurred by plan in this plan year2024-07-2354598
Net assets as of the end of the plan year2024-07-2312466
Total assets as of the beginning of the plan year2024-07-2352730
Value of plan covered by a fidelity bond2024-07-2310000
Participant contributions to plan in this plan year2024-07-234857
Value of participant loans at end of plan year2024-07-230
Other contributions to plan in this plan year2024-07-230
Other income to plan in this plan year2024-07-236478
Plan net income in this plan year2024-07-23-40264
Net assets as of the end of the plan year2024-07-2312466
Net assets as of the beginning of the plan year2024-07-2352730
Value of contributions failed to transmitted timely2024-07-230
Employer contributions to plan in this plan year2024-07-232999
Fees paid to broker by Benefit Provider2024-07-230
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-23269
2022 : RAPID CAR WASH 401(K) PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-09-260
Total expenses incurred by plan in this plan year2022-09-260
Net assets as of the end of the plan year2022-09-2646006
Total assets as of the beginning of the plan year2022-09-2633828
Value of plan covered by a fidelity bond2022-09-2610000
Participant contributions to plan in this plan year2022-09-266895
Value of participant loans at end of plan year2022-09-265714
Other income to plan in this plan year2022-09-265044
Plan net income in this plan year2022-09-2612178
Net assets as of the end of the plan year2022-09-2646006
Net assets as of the beginning of the plan year2022-09-2633828
Value of contributions failed to transmitted timely2022-09-2684
Employer contributions to plan in this plan year2022-09-26239

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