401k Plan data: PEARSON FORD INC 401K PLAN plan

PEARSON FORD INC 401K PLAN 401k Plan overview

Plan Name	PEARSON FORD INC 401K PLAN
Plan identification number	001

PEARSON FORD INC 401K 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.
Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PEARSON FORD INC. has sponsored the creation of one or more 401k plans.

Company Name: PEARSON FORD INC.

Employer identification number (EIN): 351053374

NAIC Classification: 441120
NAIC Description: Used Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PEARSON FORD INC 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2024-01-01 JOHN PEARSON III
001 2023-01-01 JOHN PEARSON III
001 2022-01-01
001 2022-01-01 JOHN PEARSON III
001 2021-01-01
001 2021-01-01 JOHN PEARSON III
001 2020-01-01
001 2019-01-01 JOHN S. PEARSON III 2020-10-15
001 2017-01-01
001 2016-01-01 JOHN S PEARSON III
001 2015-01-01 JOHN S PEARSON III
001 2014-01-01 JOHN S PEARSON III
001 2013-01-01
001 2012-01-01 JOHN S PEARSON III
001 2011-01-01 JOHN S PEARSON III
001 2010-01-01 JOHN S. PEARSON III 2011-09-06

Plan Statistics for PEARSON FORD INC 401K PLAN

401k plan membership statisitcs for PEARSON FORD INC 401K PLAN

Measure Date Value
2022: PEARSON FORD INC 401K PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 162
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 106
Number of retired or separated participants receiving benefits 2022-01-01 13
Number of other retired or separated participants entitled to future benefits 2022-01-01 23
Total of all active and inactive participants 2022-01-01 142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 142
Number of participants with account balances 2022-01-01 142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 32
2021: PEARSON FORD INC 401K PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 152
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 106
Number of retired or separated participants receiving benefits 2021-01-01 3
Number of other retired or separated participants entitled to future benefits 2021-01-01 52
Total of all active and inactive participants 2021-01-01 161
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 161
Number of participants with account balances 2021-01-01 132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 13
2020: PEARSON FORD INC 401K PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 128
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 113
Number of retired or separated participants receiving benefits 2020-01-01 3
Number of other retired or separated participants entitled to future benefits 2020-01-01 40
Total of all active and inactive participants 2020-01-01 156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 156
Number of participants with account balances 2020-01-01 104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 21
2019: PEARSON FORD INC 401K PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 166
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 138
Number of retired or separated participants receiving benefits 2019-01-01 1
Number of other retired or separated participants entitled to future benefits 2019-01-01 27
Total of all active and inactive participants 2019-01-01 166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 166
Number of participants with account balances 2019-01-01 103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 16
2017: PEARSON FORD INC 401K PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 146
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 148
Number of retired or separated participants receiving benefits 2017-01-01 1
Number of other retired or separated participants entitled to future benefits 2017-01-01 9
Total of all active and inactive participants 2017-01-01 158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 158
Number of participants with account balances 2017-01-01 88
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 12
2016: PEARSON FORD INC 401K PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 146
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 129
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 18
Total of all active and inactive participants 2016-01-01 147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 147
Number of participants with account balances 2016-01-01 95
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 12
2015: PEARSON FORD INC 401K PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 140
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 128
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 18
Total of all active and inactive participants 2015-01-01 146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 146
Number of participants with account balances 2015-01-01 98
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 18
2014: PEARSON FORD INC 401K PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 140
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 138
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 3
Total of all active and inactive participants 2014-01-01 141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 141
Number of participants with account balances 2014-01-01 54
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 1
2013: PEARSON FORD INC 401K PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 139
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 135
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 5
Total of all active and inactive participants 2013-01-01 140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 140
Number of participants with account balances 2013-01-01 56
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 3
2012: PEARSON FORD INC 401K PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 137
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 128
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 10
Total of all active and inactive participants 2012-01-01 138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 138
Number of participants with account balances 2012-01-01 66
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 8
2011: PEARSON FORD INC 401K PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 120
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 134
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 2
Total of all active and inactive participants 2011-01-01 136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 136
Number of participants with account balances 2011-01-01 76
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 2

Measure	Date	Value
2022: PEARSON FORD INC 401K PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	162
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	106
Number of retired or separated participants receiving benefits	2022-01-01	13
Number of other retired or separated participants entitled to future benefits	2022-01-01	23
Total of all active and inactive participants	2022-01-01	142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	142
Number of participants with account balances	2022-01-01	142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	32
2021: PEARSON FORD INC 401K PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	152
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	106
Number of retired or separated participants receiving benefits	2021-01-01	3
Number of other retired or separated participants entitled to future benefits	2021-01-01	52
Total of all active and inactive participants	2021-01-01	161
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	161
Number of participants with account balances	2021-01-01	132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	13
2020: PEARSON FORD INC 401K PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	128
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	113
Number of retired or separated participants receiving benefits	2020-01-01	3
Number of other retired or separated participants entitled to future benefits	2020-01-01	40
Total of all active and inactive participants	2020-01-01	156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	156
Number of participants with account balances	2020-01-01	104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	21
2019: PEARSON FORD INC 401K PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	166
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	138
Number of retired or separated participants receiving benefits	2019-01-01	1
Number of other retired or separated participants entitled to future benefits	2019-01-01	27
Total of all active and inactive participants	2019-01-01	166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	166
Number of participants with account balances	2019-01-01	103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	16
2017: PEARSON FORD INC 401K PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	146
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	148
Number of retired or separated participants receiving benefits	2017-01-01	1
Number of other retired or separated participants entitled to future benefits	2017-01-01	9
Total of all active and inactive participants	2017-01-01	158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	158
Number of participants with account balances	2017-01-01	88
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	12
2016: PEARSON FORD INC 401K PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	146
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	129
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	18
Total of all active and inactive participants	2016-01-01	147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	147
Number of participants with account balances	2016-01-01	95
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	12
2015: PEARSON FORD INC 401K PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	140
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	128
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	18
Total of all active and inactive participants	2015-01-01	146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	146
Number of participants with account balances	2015-01-01	98
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	18
2014: PEARSON FORD INC 401K PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	140
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	138
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	3
Total of all active and inactive participants	2014-01-01	141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	141
Number of participants with account balances	2014-01-01	54
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	1
2013: PEARSON FORD INC 401K PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	139
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	135
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	5
Total of all active and inactive participants	2013-01-01	140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	140
Number of participants with account balances	2013-01-01	56
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	3
2012: PEARSON FORD INC 401K PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	137
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	128
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	10
Total of all active and inactive participants	2012-01-01	138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	138
Number of participants with account balances	2012-01-01	66
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	8
2011: PEARSON FORD INC 401K PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	120
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	134
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	2
Total of all active and inactive participants	2011-01-01	136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	136
Number of participants with account balances	2011-01-01	76
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	2

Financial Data on PEARSON FORD INC 401K PLAN

Measure	Date	Value
2023 : PEARSON FORD INC 401K PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets	2023-01-01	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-01-01	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-01-01	$0
Total income from all sources (including contributions)	2023-01-01	$1,063,064
Total loss/gain on sale of assets	2023-01-01	$0
Total of all expenses incurred	2023-01-01	$2,692,100
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-01-01	$2,661,283
Value of total corrective distributions	2023-01-01	$2,129
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-01-01	$344,169
Value of total assets at end of year	2023-01-01	$2,103,793
Value of total assets at beginning of year	2023-01-01	$3,732,829
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-01-01	$28,688
Total interest from all sources	2023-01-01	$1,839
Total dividends received (eg from common stock, registered investment company shares)	2023-01-01	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-01-01	No
Was this plan covered by a fidelity bond	2023-01-01	Yes
Value of fidelity bond cover	2023-01-01	$500,000
If this is an individual account plan, was there a blackout period	2023-01-01	No
Were there any nonexempt tranactions with any party-in-interest	2023-01-01	No
Contributions received from participants	2023-01-01	$215,637
Participant contributions at end of year	2023-01-01	$32,580
Participant contributions at beginning of year	2023-01-01	$34,584
Participant contributions at end of year	2023-01-01	$0
Participant contributions at beginning of year	2023-01-01	$0
Income. Received or receivable in cash from other sources (including rollovers)	2023-01-01	$109,792
Value of other receiveables (less allowance for doubtful accounts) at end of year	2023-01-01	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2023-01-01	$0
Total non interest bearing cash at end of year	2023-01-01	$4,035
Total non interest bearing cash at beginning of year	2023-01-01	$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	2023-01-01	No
Value of net income/loss	2023-01-01	$-1,629,036
Value of net assets at end of year (total assets less liabilities)	2023-01-01	$2,103,793
Value of net assets at beginning of year (total assets less liabilities)	2023-01-01	$3,732,829
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2023-01-01	No
Were any loans by the plan or fixed income obligations due to the plan in default	2023-01-01	No
Were any leases to which the plan was party in default or uncollectible	2023-01-01	No
Investment advisory and management fees	2023-01-01	$25,278
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-01-01	$2,067,178
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-01-01	$3,534,151
Interest on participant loans	2023-01-01	$1,839
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2023-01-01	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-01-01	$717,056
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-01-01	No
Was there a failure to transmit to the plan any participant contributions	2023-01-01	No
Has the plan failed to provide any benefit when due under the plan	2023-01-01	No
Contributions received in cash from employer	2023-01-01	$18,740
Employer contributions (assets) at end of year	2023-01-01	$0
Employer contributions (assets) at beginning of year	2023-01-01	$164,094
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-01-01	$2,661,283
Did the plan have assets held for investment	2023-01-01	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	2023-01-01	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2023-01-01	No
Opinion of an independent qualified public accountant for this plan	2023-01-01	1
Accountancy firm name	2023-01-01	MCM CPAS & ADVISORS LLP
Accountancy firm EIN	2023-01-01	271235638
2022 : PEARSON FORD INC 401K PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-333,843
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$346,379
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$287,982
Value of total corrective distributions	2022-12-31	$23,556
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$457,874
Value of total assets at end of year	2022-12-31	$3,732,829
Value of total assets at beginning of year	2022-12-31	$4,413,051
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$34,841
Total interest from all sources	2022-12-31	$1,364
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	Yes
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$253,364
Participant contributions at end of year	2022-12-31	$34,584
Participant contributions at beginning of year	2022-12-31	$25,499
Participant contributions at end of year	2022-12-31	$0
Participant contributions at beginning of year	2022-12-31	$11
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$20,734
Value of other receiveables (less allowance for doubtful accounts) at end of year	2022-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2022-12-31	$0
Administrative expenses (other) incurred	2022-12-31	$5,157
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-680,222
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$3,732,829
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$4,413,051
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Investment advisory and management fees	2022-12-31	$29,684
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$3,534,151
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$4,387,541
Interest on participant loans	2022-12-31	$1,364
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-793,081
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$183,776
Employer contributions (assets) at end of year	2022-12-31	$164,094
Employer contributions (assets) at beginning of year	2022-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$287,982
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	2022-12-31	Yes
Did the plan have assets held for investment	2022-12-31	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	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	MCM CPAS & ADVISORS LLP
Accountancy firm EIN	2022-12-31	271235638
Total unrealized appreciation/depreciation of assets	2022-01-01	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-01-01	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-01-01	$0
Total income from all sources (including contributions)	2022-01-01	$-333,843
Total loss/gain on sale of assets	2022-01-01	$0
Total of all expenses incurred	2022-01-01	$346,379
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-01-01	$287,982
Value of total corrective distributions	2022-01-01	$23,556
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-01-01	$457,874
Value of total assets at end of year	2022-01-01	$3,732,829
Value of total assets at beginning of year	2022-01-01	$4,413,051
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-01-01	$34,841
Total interest from all sources	2022-01-01	$1,364
Total dividends received (eg from common stock, registered investment company shares)	2022-01-01	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-01-01	No
Was this plan covered by a fidelity bond	2022-01-01	Yes
Value of fidelity bond cover	2022-01-01	$500,000
If this is an individual account plan, was there a blackout period	2022-01-01	Yes
Were there any nonexempt tranactions with any party-in-interest	2022-01-01	No
Contributions received from participants	2022-01-01	$253,364
Participant contributions at end of year	2022-01-01	$34,584
Participant contributions at beginning of year	2022-01-01	$25,499
Participant contributions at end of year	2022-01-01	$0
Participant contributions at beginning of year	2022-01-01	$11
Income. Received or receivable in cash from other sources (including rollovers)	2022-01-01	$20,734
Value of other receiveables (less allowance for doubtful accounts) at end of year	2022-01-01	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2022-01-01	$0
Administrative expenses (other) incurred	2022-01-01	$5,157
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-01-01	No
Value of net income/loss	2022-01-01	$-680,222
Value of net assets at end of year (total assets less liabilities)	2022-01-01	$3,732,829
Value of net assets at beginning of year (total assets less liabilities)	2022-01-01	$4,413,051
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-01-01	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-01-01	No
Were any leases to which the plan was party in default or uncollectible	2022-01-01	No
Investment advisory and management fees	2022-01-01	$29,684
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-01-01	$3,534,151
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-01-01	$4,387,541
Interest on participant loans	2022-01-01	$1,364
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-01-01	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-01-01	$-793,081
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-01-01	No
Was there a failure to transmit to the plan any participant contributions	2022-01-01	Yes
Has the plan failed to provide any benefit when due under the plan	2022-01-01	No
Contributions received in cash from employer	2022-01-01	$183,776
Employer contributions (assets) at end of year	2022-01-01	$164,094
Employer contributions (assets) at beginning of year	2022-01-01	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-01-01	$287,982
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	2022-01-01	Yes
Did the plan have assets held for investment	2022-01-01	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	2022-01-01	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-01-01	No
Opinion of an independent qualified public accountant for this plan	2022-01-01	1
Accountancy firm name	2022-01-01	MCM CPAS & ADVISORS LLP
Accountancy firm EIN	2022-01-01	271235638
2021 : PEARSON FORD INC 401K PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$980,002
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$191,989
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$166,817
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$348,100
Value of total assets at end of year	2021-12-31	$4,413,051
Value of total assets at beginning of year	2021-12-31	$3,625,038
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$25,172
Total interest from all sources	2021-12-31	$811
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Administrative expenses professional fees incurred	2021-12-31	$25,172
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$267,470
Participant contributions at end of year	2021-12-31	$25,499
Participant contributions at beginning of year	2021-12-31	$21,429
Participant contributions at end of year	2021-12-31	$11
Participant contributions at beginning of year	2021-12-31	$6,209
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$62,615
Value of other receiveables (less allowance for doubtful accounts) at end of year	2021-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2021-12-31	$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	2021-12-31	No
Value of net income/loss	2021-12-31	$788,013
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$4,413,051
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$3,625,038
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$4,387,541
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$3,596,965
Interest on participant loans	2021-12-31	$811
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$631,091
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$18,015
Employer contributions (assets) at end of year	2021-12-31	$0
Employer contributions (assets) at beginning of year	2021-12-31	$435
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$166,817
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	2021-12-31	Yes
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	MCM CPAS & ADVISORS LLP
Accountancy firm EIN	2021-12-31	271235638
2020 : PEARSON FORD INC 401K PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$753,830
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$509,994
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$477,266
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$208,030
Value of total assets at end of year	2020-12-31	$3,625,038
Value of total assets at beginning of year	2020-12-31	$3,381,202
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$32,728
Total interest from all sources	2020-12-31	$911
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$94,660
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$94,660
Administrative expenses professional fees incurred	2020-12-31	$32,728
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$189,711
Participant contributions at end of year	2020-12-31	$21,429
Participant contributions at beginning of year	2020-12-31	$30,573
Participant contributions at end of year	2020-12-31	$6,209
Participant contributions at beginning of year	2020-12-31	$13,493
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$4,614
Value of other receiveables (less allowance for doubtful accounts) at end of year	2020-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2020-12-31	$20,186
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$243,836
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$3,625,038
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$3,381,202
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$3,596,965
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$3,267,075
Interest on participant loans	2020-12-31	$911
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$48,913
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$48,913
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$450,229
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$13,705
Employer contributions (assets) at end of year	2020-12-31	$435
Employer contributions (assets) at beginning of year	2020-12-31	$962
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$477,266
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	2020-12-31	Yes
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Unqualified
Accountancy firm name	2020-12-31	MCM CPAS & ADVISORS LLP
Accountancy firm EIN	2020-12-31	271235638
2019 : PEARSON FORD INC 401K PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$987,143
Total income from all sources (including contributions)	2019-12-31	$987,143
Total loss/gain on sale of assets	2019-12-31	$0
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$569,152
Total of all expenses incurred	2019-12-31	$569,152
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$527,211
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$527,211
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$235,023
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$235,023
Value of total assets at end of year	2019-12-31	$3,381,202
Value of total assets at end of year	2019-12-31	$3,381,202
Value of total assets at beginning of year	2019-12-31	$2,963,211
Value of total assets at beginning of year	2019-12-31	$2,963,211
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$41,941
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$41,941
Total interest from all sources	2019-12-31	$669
Total interest from all sources	2019-12-31	$669
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$207,428
Contributions received from participants	2019-12-31	$207,428
Participant contributions at end of year	2019-12-31	$30,573
Participant contributions at end of year	2019-12-31	$30,573
Participant contributions at beginning of year	2019-12-31	$16,041
Participant contributions at beginning of year	2019-12-31	$16,041
Participant contributions at end of year	2019-12-31	$13,493
Participant contributions at end of year	2019-12-31	$13,493
Participant contributions at beginning of year	2019-12-31	$12,944
Participant contributions at beginning of year	2019-12-31	$12,944
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$10,299
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$10,299
Value of other receiveables (less allowance for doubtful accounts) at end of year	2019-12-31	$20,186
Value of other receiveables (less allowance for doubtful accounts) at end of year	2019-12-31	$20,186
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2019-12-31	$28,208
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2019-12-31	$28,208
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2019-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2019-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2019-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2019-12-31	$0
Administrative expenses (other) incurred	2019-12-31	$41,941
Administrative expenses (other) incurred	2019-12-31	$41,941
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$417,991
Value of net income/loss	2019-12-31	$417,991
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$3,381,202
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$3,381,202
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$2,963,211
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$2,963,211
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$3,267,075
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$3,267,075
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$2,867,870
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$2,867,870
Interest on participant loans	2019-12-31	$669
Interest on participant loans	2019-12-31	$669
Value of interest in common/collective trusts at end of year	2019-12-31	$0
Value of interest in common/collective trusts at end of year	2019-12-31	$0
Value of interest in common/collective trusts at beginning of year	2019-12-31	$0
Value of interest in common/collective trusts at beginning of year	2019-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$48,913
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$48,913
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$37,149
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$37,149
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$37,149
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$37,149
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$751,451
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$751,451
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2019-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$17,296
Contributions received in cash from employer	2019-12-31	$17,296
Employer contributions (assets) at end of year	2019-12-31	$962
Employer contributions (assets) at end of year	2019-12-31	$962
Employer contributions (assets) at beginning of year	2019-12-31	$999
Employer contributions (assets) at beginning of year	2019-12-31	$999
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$527,211
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$527,211
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	MCM CPAS & ADVISORS LLP
Accountancy firm name	2019-12-31	MCM CPAS & ADVISORS LLP
Accountancy firm EIN	2019-12-31	271235638
Accountancy firm EIN	2019-12-31	271235638
2018 : PEARSON FORD INC 401K PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$1,997
Total income from all sources (including contributions)	2018-12-31	$-36,155
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$409,270
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$365,910
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$252,513
Value of total assets at end of year	2018-12-31	$2,963,211
Value of total assets at beginning of year	2018-12-31	$3,410,633
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$43,360
Total interest from all sources	2018-12-31	$734
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$119,340
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$119,340
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$233,699
Participant contributions at end of year	2018-12-31	$16,041
Participant contributions at beginning of year	2018-12-31	$26,083
Participant contributions at end of year	2018-12-31	$12,944
Participant contributions at beginning of year	2018-12-31	$17,315
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2018-12-31	$28,208
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2018-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2018-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2018-12-31	$1,997
Administrative expenses (other) incurred	2018-12-31	$43,360
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-445,425
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$2,963,211
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$3,408,636
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$2,867,870
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$3,322,787
Interest on participant loans	2018-12-31	$734
Value of interest in common/collective trusts at end of year	2018-12-31	$0
Value of interest in common/collective trusts at beginning of year	2018-12-31	$15,094
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$37,149
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$28,213
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$28,213
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-408,742
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$18,814
Employer contributions (assets) at end of year	2018-12-31	$999
Employer contributions (assets) at beginning of year	2018-12-31	$1,141
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$365,910
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	MCM CPAS & ADVISORS LLP
Accountancy firm EIN	2018-12-31	271235638
2017 : PEARSON FORD INC 401K PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$1,997
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$31,594
Total income from all sources (including contributions)	2017-12-31	$757,472
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$157,463
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$118,195
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$294,846
Value of total assets at end of year	2017-12-31	$3,410,633
Value of total assets at beginning of year	2017-12-31	$2,840,221
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$39,268
Total interest from all sources	2017-12-31	$1,067
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$75,101
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$75,101
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$254,425
Participant contributions at end of year	2017-12-31	$26,083
Participant contributions at beginning of year	2017-12-31	$31,992
Participant contributions at end of year	2017-12-31	$17,315
Participant contributions at beginning of year	2017-12-31	$6,179
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$20,482
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2017-12-31	$1,997
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2017-12-31	$31,594
Administrative expenses (other) incurred	2017-12-31	$39,268
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$600,009
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$3,408,636
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$2,808,627
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$3,322,787
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$2,786,715
Income. Interest from loans (other than to participants)	2017-12-31	$1,067
Value of interest in common/collective trusts at end of year	2017-12-31	$15,094
Value of interest in common/collective trusts at beginning of year	2017-12-31	$12,192
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$28,213
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$2,635
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$2,635
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$386,434
Net investment gain or loss from common/collective trusts	2017-12-31	$24
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$19,939
Employer contributions (assets) at end of year	2017-12-31	$1,141
Employer contributions (assets) at beginning of year	2017-12-31	$508
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$118,195
Did the plan have assets held for investment	2017-12-31	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	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	MCM CPAS & ADVISORS LLP
Accountancy firm EIN	2017-12-31	271235638
2016 : PEARSON FORD INC 401K 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	$31,594
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$38,662
Total income from all sources (including contributions)	2016-12-31	$463,162
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$120,656
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$89,497
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$239,282
Value of total assets at end of year	2016-12-31	$2,840,221
Value of total assets at beginning of year	2016-12-31	$2,504,783
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$31,159
Total interest from all sources	2016-12-31	$1,382
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$122,452
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$122,452
Administrative expenses professional fees incurred	2016-12-31	$31,159
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$500,000
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	$218,285
Participant contributions at end of year	2016-12-31	$31,992
Participant contributions at beginning of year	2016-12-31	$39,425
Participant contributions at end of year	2016-12-31	$6,179
Participant contributions at beginning of year	2016-12-31	$6,272
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$3,456
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2016-12-31	$31,594
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2016-12-31	$38,662
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	$342,506
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$2,808,627
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$2,466,121
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 registered invesment companies (eg mutual funds) at end of year	2016-12-31	$2,786,715
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$2,447,944
Interest on participant loans	2016-12-31	$1,382
Value of interest in common/collective trusts at end of year	2016-12-31	$12,192
Value of interest in common/collective trusts at beginning of year	2016-12-31	$9,496
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-31	$2,635
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-31	$1,147
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-31	$1,147
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$100,046
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	$17,541
Employer contributions (assets) at end of year	2016-12-31	$508
Employer contributions (assets) at beginning of year	2016-12-31	$499
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$89,497
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	K B PARRISH AND CO LLP
Accountancy firm EIN	2016-12-31	350905983
2015 : PEARSON FORD INC 401K 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	$38,662
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$29,511
Total income from all sources (including contributions)	2015-12-31	$153,493
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$471,097
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$437,270
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$182,876
Value of total assets at end of year	2015-12-31	$2,504,783
Value of total assets at beginning of year	2015-12-31	$2,813,236
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$33,827
Total interest from all sources	2015-12-31	$1,062
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$90,923
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$90,923
Administrative expenses professional fees incurred	2015-12-31	$33,827
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$500,000
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	$163,177
Participant contributions at end of year	2015-12-31	$39,425
Participant contributions at beginning of year	2015-12-31	$25,687
Participant contributions at end of year	2015-12-31	$6,272
Participant contributions at beginning of year	2015-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$5,442
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2015-12-31	$38,662
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2015-12-31	$29,511
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	$-317,604
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$2,466,121
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$2,783,725
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 registered invesment companies (eg mutual funds) at end of year	2015-12-31	$2,447,944
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$2,723,222
Income. Interest from loans (other than to participants)	2015-12-31	$1,062
Value of interest in common/collective trusts at end of year	2015-12-31	$9,496
Value of interest in common/collective trusts at beginning of year	2015-12-31	$61,909
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2015-12-31	$1,147
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2015-12-31	$2,418
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2015-12-31	$2,418
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-121,368
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	Yes
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	$14,257
Employer contributions (assets) at end of year	2015-12-31	$499
Employer contributions (assets) at beginning of year	2015-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$437,270
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	K B PARRISH AND CO LLP
Accountancy firm EIN	2015-12-31	350905983
2014 : PEARSON FORD INC 401K PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$29,511
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$5,324
Total income from all sources (including contributions)	2014-12-31	$270,898
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$164,487
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$131,756
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$125,280
Value of total assets at end of year	2014-12-31	$2,813,236
Value of total assets at beginning of year	2014-12-31	$2,682,638
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$32,731
Total interest from all sources	2014-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$500,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$110,192
Participant contributions at end of year	2014-12-31	$25,687
Participant contributions at beginning of year	2014-12-31	$9,162
Participant contributions at end of year	2014-12-31	$0
Participant contributions at beginning of year	2014-12-31	$4,576
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$6,322
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2014-12-31	$29,511
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2014-12-31	$5,324
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Income. Non cash contributions	2014-12-31	$854
Value of net income/loss	2014-12-31	$106,411
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$2,783,725
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$2,677,314
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Investment advisory and management fees	2014-12-31	$32,731
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$2,723,222
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$2,517,134
Value of interest in common/collective trusts at end of year	2014-12-31	$61,909
Value of interest in common/collective trusts at beginning of year	2014-12-31	$61,397
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2014-12-31	$2,418
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2014-12-31	$89,982
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2014-12-31	$89,982
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$145,618
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$7,912
Employer contributions (assets) at end of year	2014-12-31	$0
Employer contributions (assets) at beginning of year	2014-12-31	$387
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$131,756
Did the plan have assets held for investment	2014-12-31	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	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	K B PARRISH AND CO LLP
Accountancy firm EIN	2014-12-31	350905983
2013 : PEARSON FORD INC 401K PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$5,324
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$548,899
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$136,341
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$78,488
Value of total corrective distributions	2013-12-31	$31,539
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$170,137
Value of total assets at end of year	2013-12-31	$2,682,638
Value of total assets at beginning of year	2013-12-31	$2,264,756
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$26,314
Total interest from all sources	2013-12-31	$252
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$90,548
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$90,548
Administrative expenses professional fees incurred	2013-12-31	$25,264
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$500,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$159,697
Participant contributions at end of year	2013-12-31	$9,162
Participant contributions at end of year	2013-12-31	$4,576
Participant contributions at beginning of year	2013-12-31	$491
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2013-12-31	$5,324
Administrative expenses (other) incurred	2013-12-31	$1,050
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$412,558
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$2,677,314
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$2,264,756
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$2,517,134
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$2,205,118
Interest on participant loans	2013-12-31	$252
Value of interest in common/collective trusts at end of year	2013-12-31	$61,397
Value of interest in common/collective trusts at beginning of year	2013-12-31	$58,821
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2013-12-31	$89,982
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$319
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$319
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$287,962
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$10,440
Employer contributions (assets) at end of year	2013-12-31	$387
Employer contributions (assets) at beginning of year	2013-12-31	$7
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$78,488
Did the plan have assets held for investment	2013-12-31	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	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	K B PARRISH AND CO LLP
Accountancy firm EIN	2013-12-31	350905983
2012 : PEARSON FORD INC 401K PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$445,446
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$74,895
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$53,235
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$187,866
Value of total assets at end of year	2012-12-31	$2,264,756
Value of total assets at beginning of year	2012-12-31	$1,894,205
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$21,660
Total interest from all sources	2012-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Administrative expenses professional fees incurred	2012-12-31	$21,660
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$250,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$172,276
Participant contributions at end of year	2012-12-31	$491
Participant contributions at beginning of year	2012-12-31	$2,217
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$5,887
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$370,551
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$2,264,756
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$1,894,205
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$2,205,118
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$1,815,709
Value of interest in common/collective trusts at end of year	2012-12-31	$58,821
Value of interest in common/collective trusts at beginning of year	2012-12-31	$55,995
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$319
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$168
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$168
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$257,580
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$9,703
Employer contributions (assets) at end of year	2012-12-31	$7
Employer contributions (assets) at beginning of year	2012-12-31	$20,116
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$53,235
Did the plan have assets held for investment	2012-12-31	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	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	K B PARRISH AND CO LLP
Accountancy firm EIN	2012-12-31	350905983
2011 : PEARSON FORD INC 401K PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$-199,688
Expenses. Total of all expenses incurred	2011-12-31	$4,546
Benefits paid (including direct rollovers)	2011-12-31	$2,287
Total plan assets at end of year	2011-12-31	$1,894,205
Total plan assets at beginning of year	2011-12-31	$2,098,439
Value of fidelity bond covering the plan	2011-12-31	$200,000
Total contributions received or receivable from participants	2011-12-31	$61,728
Other income received	2011-12-31	$-283,676
Net income (gross income less expenses)	2011-12-31	$-204,234
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,894,205
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$2,098,439
Total contributions received or receivable from employer(s)	2011-12-31	$22,260
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$2,259
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0

Form 5500 Responses for PEARSON FORD INC 401K PLAN

2022: PEARSON FORD INC 401K PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: PEARSON FORD INC 401K PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: PEARSON FORD INC 401K PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: PEARSON FORD INC 401K PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2017: PEARSON FORD INC 401K PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: PEARSON FORD INC 401K 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 – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: PEARSON FORD INC 401K 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 – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: PEARSON FORD INC 401K PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: PEARSON FORD INC 401K PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: PEARSON FORD INC 401K 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	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: PEARSON FORD INC 401K 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

Insurance Providers Used on plan

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

Policy contract number

GA-849508

Policy instance

Insurance contract or identification number	GA-849508
Number of Individuals Covered	0
Insurance policy start date	2022-01-01
Insurance policy end date	2022-04-30
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $1,064
Are there contracts with allocated funds for individual policies?	0
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?	No
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

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

Policy contract number

GA-849508

Policy instance

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

Policy contract number

GA-849508

Policy instance

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Company Name:	PEARSON FORD INC.
Employer identification number (EIN):	351053374
NAIC Classification:	441120
NAIC Description:	Used Car Dealers

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2024-01-01	JOHN PEARSON III
001	2023-01-01	JOHN PEARSON III
001	2022-01-01
001	2022-01-01	JOHN PEARSON III
001	2021-01-01
001	2021-01-01	JOHN PEARSON III
001	2020-01-01
001	2019-01-01	JOHN S. PEARSON III	2020-10-15
001	2017-01-01
001	2016-01-01	JOHN S PEARSON III
001	2015-01-01	JOHN S PEARSON III
001	2014-01-01	JOHN S PEARSON III
001	2013-01-01
001	2012-01-01	JOHN S PEARSON III
001	2011-01-01	JOHN S PEARSON III
001	2010-01-01	JOHN S. PEARSON III	2011-09-06