401k Plan data: UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND plan

UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND 401k Plan overview

Plan Name	UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND
Plan identification number	001

UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

LIBERTY AUTO PLAZA has sponsored the creation of one or more 401k plans.

Company Name: LIBERTY AUTO PLAZA

Employer identification number (EIN): 362815619

NAIC Classification: 441110
NAIC Description: New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2019-01-01 MARY FAJE 2020-10-13
001 2019-01-01
001 2018-01-01 MARY FAJE 2019-06-04
001 2017-01-01 MARY FAJE 2018-07-31
001 2016-01-01 MARY FAJE 2017-07-26
001 2015-01-01 MARY FAJE 2016-05-25
001 2014-01-01 MARY FAJE 2015-06-24
001 2013-01-01 MARY FAJE 2014-10-07
001 2012-01-01 MARY FAJE 2015-09-07
001 2011-01-01 MARY FAJE 2014-10-06
001 2010-01-01 MARY FAJE 2012-01-09

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01
001	2021-01-01
001	2019-01-01	MARY FAJE	2020-10-13
001	2019-01-01
001	2018-01-01	MARY FAJE	2019-06-04
001	2017-01-01	MARY FAJE	2018-07-31
001	2016-01-01	MARY FAJE	2017-07-26
001	2015-01-01	MARY FAJE	2016-05-25
001	2014-01-01	MARY FAJE	2015-06-24
001	2013-01-01	MARY FAJE	2014-10-07
001	2012-01-01	MARY FAJE	2015-09-07
001	2011-01-01	MARY FAJE	2014-10-06
001	2010-01-01	MARY FAJE	2012-01-09

Plan Statistics for UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND

401k plan membership statisitcs for UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND

Measure Date Value
2022: UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND 2022 401k membership
Total participants, beginning-of-year 2022-01-01 107
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 99
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 15
Total of all active and inactive participants 2022-01-01 114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 1
Total participants 2022-01-01 115
Number of participants with account balances 2022-01-01 54
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND 2021 401k membership
Total participants, beginning-of-year 2021-01-01 119
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 87
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 16
Total of all active and inactive participants 2021-01-01 103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 1
Total participants 2021-01-01 104
Number of participants with account balances 2021-01-01 51
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 1
2019: UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND 2019 401k membership
Total participants, beginning-of-year 2019-01-01 124
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 94
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 36
Total of all active and inactive participants 2019-01-01 130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 1
Total participants 2019-01-01 131
Number of participants with account balances 2019-01-01 66
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0

Measure	Date	Value
2022: UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND 2022 401k membership
Total participants, beginning-of-year	2022-01-01	107
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	99
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	15
Total of all active and inactive participants	2022-01-01	114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	1
Total participants	2022-01-01	115
Number of participants with account balances	2022-01-01	54
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND 2021 401k membership
Total participants, beginning-of-year	2021-01-01	119
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	87
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	16
Total of all active and inactive participants	2021-01-01	103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	1
Total participants	2021-01-01	104
Number of participants with account balances	2021-01-01	51
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	1
2019: UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND 2019 401k membership
Total participants, beginning-of-year	2019-01-01	124
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	94
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	36
Total of all active and inactive participants	2019-01-01	130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	1
Total participants	2019-01-01	131
Number of participants with account balances	2019-01-01	66
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0

Financial Data on UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND

Measure	Date	Value
2022 : UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total transfer of assets to this plan	2022-12-31	$0
Total transfer of assets from this plan	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	$122,487
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$339,055
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$329,597
Expenses. Certain deemed distributions of participant loans	2022-12-31	$3,260
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$394,940
Value of total assets at end of year	2022-12-31	$2,068,215
Value of total assets at beginning of year	2022-12-31	$2,284,783
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$6,198
Total interest from all sources	2022-12-31	$3,313
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$76,312
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$76,312
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$229,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$222,479
Participant contributions at end of year	2022-12-31	$41,037
Participant contributions at beginning of year	2022-12-31	$54,844
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$5,358
Administrative expenses (other) incurred	2022-12-31	$6,198
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	$-216,568
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$2,068,215
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$2,284,783
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$1,487,402
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$1,770,130
Interest on participant loans	2022-12-31	$3,313
Value of interest in common/collective trusts at end of year	2022-12-31	$539,776
Value of interest in common/collective trusts at beginning of year	2022-12-31	$459,809
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-361,020
Net investment gain or loss from common/collective trusts	2022-12-31	$8,942
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	No
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	$167,103
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$329,597
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	KEN PETERSON
Accountancy firm EIN	2022-12-31	363904123
2021 : UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total transfer of assets to this plan	2021-12-31	$27
Total transfer of assets from this plan	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	$545,705
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$48,021
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$35,131
Expenses. Certain deemed distributions of participant loans	2021-12-31	$6,974
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$274,230
Value of total assets at end of year	2021-12-31	$2,284,783
Value of total assets at beginning of year	2021-12-31	$1,787,072
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$5,916
Total interest from all sources	2021-12-31	$4,662
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$68,751
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$68,751
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$179,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$174,230
Participant contributions at end of year	2021-12-31	$54,844
Participant contributions at beginning of year	2021-12-31	$73,821
Other income not declared elsewhere	2021-12-31	$211
Administrative expenses (other) incurred	2021-12-31	$5,916
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	$497,684
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$2,284,783
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$1,787,072
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	$1,770,130
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$1,356,912
Interest on participant loans	2021-12-31	$4,662
Value of interest in common/collective trusts at end of year	2021-12-31	$459,809
Value of interest in common/collective trusts at beginning of year	2021-12-31	$356,339
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$191,508
Net investment gain or loss from common/collective trusts	2021-12-31	$6,343
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	$100,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$35,131
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	Disclaimer
Accountancy firm name	2021-12-31	KOLNICKI, PETERSON & WIRTH, LLC
Accountancy firm EIN	2021-12-31	364119639
2019 : UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total transfer of assets to this plan	2019-12-31	$0
Total transfer of assets from this plan	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 income from all sources (including contributions)	2019-12-31	$417,043
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$222,576
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$166,869
Expenses. Certain deemed distributions of participant loans	2019-12-31	$29,514
Value of total corrective distributions	2019-12-31	$21,925
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$147,377
Value of total assets at end of year	2019-12-31	$1,625,721
Value of total assets at beginning of year	2019-12-31	$1,431,254
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$4,268
Total interest from all sources	2019-12-31	$6,816
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$52,727
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$52,727
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$144,000
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
Contributions received from participants	2019-12-31	$147,377
Participant contributions at end of year	2019-12-31	$84,185
Participant contributions at beginning of year	2019-12-31	$119,366
Other income not declared elsewhere	2019-12-31	$3,530
Administrative expenses (other) incurred	2019-12-31	$4,268
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$194,467
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$1,625,721
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$1,431,254
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 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	$1,068,618
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$902,589
Interest on participant loans	2019-12-31	$6,816
Value of interest in common/collective trusts at end of year	2019-12-31	$472,918
Value of interest in common/collective trusts at beginning of year	2019-12-31	$409,299
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$164,490
Net investment gain or loss from common/collective trusts	2019-12-31	$42,103
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	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$166,869
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
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
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	KOLNICKI PETERSON & WIRTH
Accountancy firm EIN	2019-12-31	366904123

Form 5500 Responses for UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND

2022: UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND 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: UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND 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
2019: UNITED MOTORS, LTD DBA LIBERTY IMPORT CENTER PROFIT SHARING AND 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

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Company Name:	LIBERTY AUTO PLAZA
Employer identification number (EIN):	362815619
NAIC Classification:	441110
NAIC Description:	New Car Dealers