401k Plan data: KASPER BUICK GMC TRUCK, INC. 401K RETIREMENT PLAN plan

KASPER BUICK GMC TRUCK, INC. 401K RETIREMENT PLAN 401k Plan overview

Plan Name	KASPER BUICK GMC TRUCK, INC. 401K RETIREMENT PLAN
Plan identification number	002

KASPER BUICK GMC TRUCK, INC. 401K RETIREMENT PLAN Benefits

401k Plan Type

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

401k Sponsoring company profile

KASPER BUICK GMC TRUCK, INC. has sponsored the creation of one or more 401k plans.

Company Name: KASPER BUICK GMC TRUCK, INC.

Employer identification number (EIN): 344471715

NAIC Classification: 441110
NAIC Description: New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan KASPER BUICK GMC TRUCK, INC. 401K RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01 ANTHONY WARREN 2023-07-18
002 2021-01-01 ANTHONY WARREN 2022-10-17
002 2020-01-01 ADAM WARREN 2021-10-14
002 2019-01-01 ADAM WARREN 2020-05-28
002 2018-01-01 JERRI ZIMMERMAN 2019-09-20
002 2015-01-01 BRYAN KASPER 2016-09-27
002 2014-01-01 BRYAN KASPER 2015-07-09
002 2013-01-01 BRYAN KASPER 2014-07-23
002 2012-01-01 BRYAN KASPER 2013-08-16
002 2011-01-01 BRYAN KASPER 2012-07-20
002 2010-01-01 BRYAN KASPER
002 2009-01-01 BRYAN KASPER BRYAN KASPER 2010-10-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-01-01	ANTHONY WARREN	2023-07-18
002	2021-01-01	ANTHONY WARREN	2022-10-17
002	2020-01-01	ADAM WARREN	2021-10-14
002	2019-01-01	ADAM WARREN	2020-05-28
002	2018-01-01	JERRI ZIMMERMAN	2019-09-20
002	2015-01-01	BRYAN KASPER	2016-09-27
002	2014-01-01	BRYAN KASPER	2015-07-09
002	2013-01-01	BRYAN KASPER	2014-07-23
002	2012-01-01	BRYAN KASPER	2013-08-16
002	2011-01-01	BRYAN KASPER	2012-07-20
002	2010-01-01	BRYAN KASPER
002	2009-01-01	BRYAN KASPER		BRYAN KASPER	2010-10-14

Plan Statistics for KASPER BUICK GMC TRUCK, INC. 401K RETIREMENT PLAN

401k plan membership statisitcs for KASPER BUICK GMC TRUCK, INC. 401K RETIREMENT PLAN

Measure Date Value
2010: KASPER BUICK GMC TRUCK, INC. 401K RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 110
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 70
Number of retired or separated participants receiving benefits 2010-01-01 2
Number of other retired or separated participants entitled to future benefits 2010-01-01 12
Total of all active and inactive participants 2010-01-01 84
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 84
Number of participants with account balances 2010-01-01 67
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 11
2009: KASPER BUICK GMC TRUCK, INC. 401K RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 141
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 81
Number of retired or separated participants receiving benefits 2009-01-01 3
Number of other retired or separated participants entitled to future benefits 2009-01-01 17
Total of all active and inactive participants 2009-01-01 101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 101
Number of participants with account balances 2009-01-01 78
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 12

Measure	Date	Value
2010: KASPER BUICK GMC TRUCK, INC. 401K RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	110
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	70
Number of retired or separated participants receiving benefits	2010-01-01	2
Number of other retired or separated participants entitled to future benefits	2010-01-01	12
Total of all active and inactive participants	2010-01-01	84
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	84
Number of participants with account balances	2010-01-01	67
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	11
2009: KASPER BUICK GMC TRUCK, INC. 401K RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	141
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	81
Number of retired or separated participants receiving benefits	2009-01-01	3
Number of other retired or separated participants entitled to future benefits	2009-01-01	17
Total of all active and inactive participants	2009-01-01	101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	101
Number of participants with account balances	2009-01-01	78
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	12

Financial Data on KASPER BUICK GMC TRUCK, INC. 401K RETIREMENT PLAN

Measure	Date	Value
2010 : KASPER BUICK GMC TRUCK, INC. 401K RETIREMENT PLAN 2010 401k financial data
Total income from all sources (including contributions)	2010-12-31	$285,222
Total of all expenses incurred	2010-12-31	$179,305
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$156,382
Expenses. Certain deemed distributions of participant loans	2010-12-31	$5,914
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$97,331
Value of total assets at end of year	2010-12-31	$1,566,230
Value of total assets at beginning of year	2010-12-31	$1,460,313
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$17,009
Total interest from all sources	2010-12-31	$1,510
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$91,216
Participant contributions at end of year	2010-12-31	$16,792
Participant contributions at beginning of year	2010-12-31	$43,313
Participant contributions at beginning of year	2010-12-31	$1,281
Total non interest bearing cash at beginning of year	2010-12-31	$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	2010-12-31	No
Income. Non cash contributions	2010-12-31	$0
Value of net income/loss	2010-12-31	$105,917
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$1,566,230
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$1,460,313
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in pooled separate accounts at end of year	2010-12-31	$1,549,438
Value of interest in pooled separate accounts at beginning of year	2010-12-31	$1,415,719
Interest on participant loans	2010-12-31	$1,510
Net investment gain/loss from pooled separate accounts	2010-12-31	$186,381
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$6,115
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$156,382
Contract administrator fees	2010-12-31	$17,009
Did the plan have assets held for investment	2010-12-31	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	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	PAYNE, NICKLES & COMPANY
Accountancy firm EIN	2010-12-31	341664586
2009 : KASPER BUICK GMC TRUCK, INC. 401K RETIREMENT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for KASPER BUICK GMC TRUCK, INC. 401K RETIREMENT PLAN

2010: KASPER BUICK GMC TRUCK, INC. 401K RETIREMENT PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Mulitple employer plan
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: KASPER BUICK GMC TRUCK, INC. 401K RETIREMENT PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Mulitple employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

RM83819-1

Policy instance

Insurance contract or identification number	RM83819-1
Number of Individuals Covered	78
Insurance policy start date	2010-01-01
Insurance policy end date	2010-12-31
Total amount of commissions paid to insurance broker	USD $4,419
Total amount of fees paid to insurance company	USD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

Potentially related plans

KASPER BUICK GMC TRUCK, INC. 401K RETIREMENT PLAN [EIN = 341735811]

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Company Name:	KASPER BUICK GMC TRUCK, INC.
Employer identification number (EIN):	344471715
NAIC Classification:	441110
NAIC Description:	New Car Dealers