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RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 401k Plan overview

Plan NameRIVERSIDE AUTO SALES INC 401K PLAN & TRUST
Plan identification number 002

RIVERSIDE AUTO SALES INC 401K PLAN & TRUST Benefits

401k Plan TypeDefined 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.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

RIVERSIDE AUTO SALES INC has sponsored the creation of one or more 401k plans.

Company Name:RIVERSIDE AUTO SALES INC
Employer identification number (EIN):381813411
NAIC Classification:441110
NAIC Description:New Car Dealers

Additional information about RIVERSIDE AUTO SALES INC

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number: 548470

More information about RIVERSIDE AUTO SALES INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RIVERSIDE AUTO SALES INC 401K PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022016-01-01MATTHEW DAGENAIS
0022015-01-01MATTHEW DAGENAIS
0022014-09-01MATTHEW DAGENAIS
0022013-09-01MATTHEW DAGENAIS
0022012-09-01MATTHEW DAGENAIS MATTHEW DAGENAIS2014-06-11
0022011-09-01MATTHEW DAGENAIS MATTHEW DAGENAIS2013-06-07
0022009-09-01MATTHEW DAGENAIS

Plan Statistics for RIVERSIDE AUTO SALES INC 401K PLAN & TRUST

401k plan membership statisitcs for RIVERSIDE AUTO SALES INC 401K PLAN & TRUST

Measure Date Value
2016: RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-01270
Total number of active participants reported on line 7a of the Form 55002016-01-01208
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0175
Total of all active and inactive participants2016-01-01283
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01283
Number of participants with account balances2016-01-01224
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-018
2015: RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-01231
Total number of active participants reported on line 7a of the Form 55002015-01-01217
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0153
Total of all active and inactive participants2015-01-01270
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01270
Number of participants with account balances2015-01-01220
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-017
2014: RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year2014-09-01220
Total number of active participants reported on line 7a of the Form 55002014-09-01183
Number of retired or separated participants receiving benefits2014-09-010
Number of other retired or separated participants entitled to future benefits2014-09-0130
Total of all active and inactive participants2014-09-01213
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-09-010
Total participants2014-09-01213
Number of participants with account balances2014-09-01174
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-09-014
2013: RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2013 401k membership
Total participants, beginning-of-year2013-09-01185
Total number of active participants reported on line 7a of the Form 55002013-09-01154
Number of retired or separated participants receiving benefits2013-09-010
Number of other retired or separated participants entitled to future benefits2013-09-0130
Total of all active and inactive participants2013-09-01184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-09-010
Total participants2013-09-01184
Number of participants with account balances2013-09-01167
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-09-014
2012: RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2012 401k membership
Total participants, beginning-of-year2012-09-01173
Total number of active participants reported on line 7a of the Form 55002012-09-01162
Number of retired or separated participants receiving benefits2012-09-010
Number of other retired or separated participants entitled to future benefits2012-09-0123
Total of all active and inactive participants2012-09-01185
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-09-010
Total participants2012-09-01185
Number of participants with account balances2012-09-01185
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-09-0119
2011: RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year2011-09-01147
Total number of active participants reported on line 7a of the Form 55002011-09-01154
Number of retired or separated participants receiving benefits2011-09-011
Number of other retired or separated participants entitled to future benefits2011-09-0118
Total of all active and inactive participants2011-09-01173
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-09-010
Total participants2011-09-01173
Number of participants with account balances2011-09-01173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-09-0113
2009: RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year2009-09-01159
Total number of active participants reported on line 7a of the Form 55002009-09-01115
Number of retired or separated participants receiving benefits2009-09-010
Number of other retired or separated participants entitled to future benefits2009-09-0116
Total of all active and inactive participants2009-09-01131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-09-010
Total participants2009-09-01131
Number of participants with account balances2009-09-01115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-09-0114

Financial Data on RIVERSIDE AUTO SALES INC 401K PLAN & TRUST

Measure Date Value
2016 : RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$19,723
Total unrealized appreciation/depreciation of assets2016-12-31$19,723
Total income from all sources (including contributions)2016-12-31$1,362,383
Total of all expenses incurred2016-12-31$1,184,290
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$1,136,569
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$708,238
Value of total assets at end of year2016-12-31$7,992,720
Value of total assets at beginning of year2016-12-31$7,814,627
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$47,721
Total interest from all sources2016-12-31$7,501
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$321,203
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$321,203
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,100,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$564,992
Participant contributions at end of year2016-12-31$146,201
Participant contributions at beginning of year2016-12-31$127,897
Assets. Other investments not covered elsewhere at end of year2016-12-31$372,427
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$352,704
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$3,149
Total non interest bearing cash at end of year2016-12-31$10
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$178,093
Value of net assets at end of year (total assets less liabilities)2016-12-31$7,992,720
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$7,814,627
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$47,721
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$7,372,321
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$7,199,620
Income. Interest from loans (other than to participants)2016-12-31$7,478
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$101,761
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$134,406
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$134,406
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$23
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$305,718
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$140,097
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$1,136,569
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31PAULSON & JOHNSON CPAS
Accountancy firm EIN2016-12-31320053529
2015 : RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$2,481
Total unrealized appreciation/depreciation of assets2015-12-31$2,481
Total income from all sources (including contributions)2015-12-31$660,813
Total of all expenses incurred2015-12-31$1,003,804
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$958,926
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$726,954
Value of total assets at end of year2015-12-31$7,814,627
Value of total assets at beginning of year2015-12-31$8,157,618
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$44,878
Total interest from all sources2015-12-31$6,749
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$344,456
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$344,456
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$1,100,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$544,381
Participant contributions at end of year2015-12-31$127,897
Participant contributions at beginning of year2015-12-31$125,416
Assets. Other investments not covered elsewhere at end of year2015-12-31$352,704
Assets. Other investments not covered elsewhere at beginning of year2015-12-31$345,416
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$43,087
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-342,991
Value of net assets at end of year (total assets less liabilities)2015-12-31$7,814,627
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$8,157,618
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$44,878
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$7,199,620
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$7,621,333
Income. Interest from loans (other than to participants)2015-12-31$6,749
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$134,406
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$65,453
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$65,453
Expenses. Payments to insurance carriers foe the provision of benefits2015-12-31$12,748
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-419,827
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$139,486
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$946,178
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31PAULSON & JOHNSON CPAS
Accountancy firm EIN2015-12-31320053529
2014 : RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$2,075
Total unrealized appreciation/depreciation of assets2014-12-31$2,075
Total income from all sources (including contributions)2014-12-31$177,447
Total of all expenses incurred2014-12-31$423,903
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$403,668
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$191,696
Value of total assets at end of year2014-12-31$8,157,618
Value of total assets at beginning of year2014-12-31$8,404,074
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$20,235
Total interest from all sources2014-12-31$2,238
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$276,312
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$276,312
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$1,100,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$148,423
Participant contributions at end of year2014-12-31$125,416
Participant contributions at beginning of year2014-12-31$121,456
Assets. Other investments not covered elsewhere at end of year2014-12-31$345,416
Assets. Other investments not covered elsewhere at beginning of year2014-12-31$370,008
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$10,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-246,456
Value of net assets at end of year (total assets less liabilities)2014-12-31$8,157,618
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$8,404,074
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$20,235
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$7,621,333
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$7,785,436
Income. Interest from loans (other than to participants)2014-12-31$2,238
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$65,453
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$127,174
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$127,174
Expenses. Payments to insurance carriers foe the provision of benefits2014-12-31$4,496
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$-294,874
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$33,273
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$399,172
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Unrealized appreciation/depreciation of other (non real estate) assets2014-08-31$19,754
Total unrealized appreciation/depreciation of assets2014-08-31$19,754
Total income from all sources (including contributions)2014-08-31$1,780,018
Total of all expenses incurred2014-08-31$556,174
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-08-31$513,326
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-08-31$576,876
Value of total assets at end of year2014-08-31$8,404,074
Value of total assets at beginning of year2014-08-31$7,180,230
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-08-31$42,848
Total interest from all sources2014-08-31$7,171
Total dividends received (eg from common stock, registered investment company shares)2014-08-31$239,513
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-08-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-08-31$239,513
Administrative expenses professional fees incurred2014-08-31$3,600
Was this plan covered by a fidelity bond2014-08-31Yes
Value of fidelity bond cover2014-08-31$1,100,000
If this is an individual account plan, was there a blackout period2014-08-31No
Were there any nonexempt tranactions with any party-in-interest2014-08-31No
Contributions received from participants2014-08-31$453,648
Participant contributions at end of year2014-08-31$121,456
Participant contributions at beginning of year2014-08-31$138,769
Assets. Other investments not covered elsewhere at end of year2014-08-31$370,008
Assets. Other investments not covered elsewhere at beginning of year2014-08-31$350,254
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-08-31No
Value of net income/loss2014-08-31$1,223,844
Value of net assets at end of year (total assets less liabilities)2014-08-31$8,404,074
Value of net assets at beginning of year (total assets less liabilities)2014-08-31$7,180,230
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-08-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-08-31No
Were any leases to which the plan was party in default or uncollectible2014-08-31No
Investment advisory and management fees2014-08-31$39,248
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-08-31$7,785,436
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-08-31$6,691,207
Income. Interest from loans (other than to participants)2014-08-31$7,170
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-08-31$127,174
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-08-31$1
Expenses. Payments to insurance carriers foe the provision of benefits2014-08-31$13,788
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-08-31$936,704
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-08-31No
Was there a failure to transmit to the plan any participant contributions2014-08-31No
Has the plan failed to provide any benefit when due under the plan2014-08-31No
Contributions received in cash from employer2014-08-31$123,228
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-08-31$499,538
Did the plan have assets held for investment2014-08-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-08-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-08-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-08-31Yes
Opinion of an independent qualified public accountant for this plan2014-08-31Disclaimer
Accountancy firm name2014-08-31PAULSON & JOHNSON CPAS
Accountancy firm EIN2014-08-31320053529
2013 : RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-08-31$-6,838
Total unrealized appreciation/depreciation of assets2013-08-31$-6,838
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-08-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-08-31$0
Total income from all sources (including contributions)2013-08-31$1,353,001
Total loss/gain on sale of assets2013-08-31$0
Total of all expenses incurred2013-08-31$587,006
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-08-31$549,046
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-08-31$513,363
Value of total assets at end of year2013-08-31$7,180,230
Value of total assets at beginning of year2013-08-31$6,414,235
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-08-31$37,960
Total interest from all sources2013-08-31$6,778
Total dividends received (eg from common stock, registered investment company shares)2013-08-31$191,625
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-08-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-08-31$191,625
Administrative expenses professional fees incurred2013-08-31$3,300
Was this plan covered by a fidelity bond2013-08-31Yes
Value of fidelity bond cover2013-08-31$1,100,000
If this is an individual account plan, was there a blackout period2013-08-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-08-31$0
Were there any nonexempt tranactions with any party-in-interest2013-08-31No
Contributions received from participants2013-08-31$403,650
Participant contributions at end of year2013-08-31$138,769
Participant contributions at beginning of year2013-08-31$100,837
Participant contributions at beginning of year2013-08-31$3,200
Assets. Other investments not covered elsewhere at end of year2013-08-31$350,254
Assets. Other investments not covered elsewhere at beginning of year2013-08-31$357,092
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-08-31No
Value of net income/loss2013-08-31$765,995
Value of net assets at end of year (total assets less liabilities)2013-08-31$7,180,230
Value of net assets at beginning of year (total assets less liabilities)2013-08-31$6,414,235
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-08-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-08-31No
Were any leases to which the plan was party in default or uncollectible2013-08-31No
Investment advisory and management fees2013-08-31$34,660
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-08-31$6,691,207
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-08-31$5,952,194
Interest on participant loans2013-08-31$6,778
Expenses. Payments to insurance carriers foe the provision of benefits2013-08-31$13,788
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-08-31$648,073
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-08-31No
Was there a failure to transmit to the plan any participant contributions2013-08-31No
Has the plan failed to provide any benefit when due under the plan2013-08-31No
Contributions received in cash from employer2013-08-31$109,713
Employer contributions (assets) at beginning of year2013-08-31$912
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-08-31$535,258
Did the plan have assets held for investment2013-08-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-08-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-08-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-08-31Yes
Opinion of an independent qualified public accountant for this plan2013-08-31Disclaimer
Accountancy firm name2013-08-31PAULSON & JOHNSON CPAS
Accountancy firm EIN2013-08-31320053529
2012 : RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-08-31$54,580
Total unrealized appreciation/depreciation of assets2012-08-31$54,580
Total income from all sources (including contributions)2012-08-31$1,112,915
Total of all expenses incurred2012-08-31$298,539
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-08-31$265,810
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-08-31$527,476
Value of total assets at end of year2012-08-31$6,414,235
Value of total assets at beginning of year2012-08-31$5,599,859
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-08-31$32,729
Total interest from all sources2012-08-31$5,705
Total dividends received (eg from common stock, registered investment company shares)2012-08-31$163,009
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-08-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-08-31$163,009
Administrative expenses professional fees incurred2012-08-31$3,000
Was this plan covered by a fidelity bond2012-08-31Yes
Value of fidelity bond cover2012-08-31$1,100,000
If this is an individual account plan, was there a blackout period2012-08-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-08-31$0
Were there any nonexempt tranactions with any party-in-interest2012-08-31No
Contributions received from participants2012-08-31$396,670
Participant contributions at end of year2012-08-31$100,837
Participant contributions at beginning of year2012-08-31$97,674
Participant contributions at end of year2012-08-31$3,200
Participant contributions at beginning of year2012-08-31$3,521
Assets. Other investments not covered elsewhere at end of year2012-08-31$357,092
Assets. Other investments not covered elsewhere at beginning of year2012-08-31$302,511
Income. Received or receivable in cash from other sources (including rollovers)2012-08-31$25,539
Other income not declared elsewhere2012-08-31$256
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-08-31No
Value of net income/loss2012-08-31$814,376
Value of net assets at end of year (total assets less liabilities)2012-08-31$6,414,235
Value of net assets at beginning of year (total assets less liabilities)2012-08-31$5,599,859
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-08-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-08-31No
Were any leases to which the plan was party in default or uncollectible2012-08-31No
Investment advisory and management fees2012-08-31$29,729
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-08-31$5,952,194
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-08-31$5,195,097
Interest on participant loans2012-08-31$5,705
Expenses. Payments to insurance carriers foe the provision of benefits2012-08-31$13,788
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-08-31$361,889
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-08-31No
Was there a failure to transmit to the plan any participant contributions2012-08-31No
Has the plan failed to provide any benefit when due under the plan2012-08-31No
Contributions received in cash from employer2012-08-31$105,267
Employer contributions (assets) at end of year2012-08-31$912
Employer contributions (assets) at beginning of year2012-08-31$1,056
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-08-31$252,022
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-08-31Yes
Did the plan have assets held for investment2012-08-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-08-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-08-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-08-31Yes
Opinion of an independent qualified public accountant for this plan2012-08-31Disclaimer
Accountancy firm name2012-08-31KATHLEEN J PAULSON CPA PC
Accountancy firm EIN2012-08-31382908718
2011 : RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-08-31$599,922
Total unrealized appreciation/depreciation of assets2011-08-31$599,922
Total income from all sources (including contributions)2011-08-31$1,202,128
Total loss/gain on sale of assets2011-08-31$-84,636
Total of all expenses incurred2011-08-31$310,445
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-08-31$280,369
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-08-31$536,198
Value of total assets at end of year2011-08-31$5,599,859
Value of total assets at beginning of year2011-08-31$4,708,176
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-08-31$30,076
Total interest from all sources2011-08-31$6,385
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-08-31No
Administrative expenses professional fees incurred2011-08-31$3,000
Was this plan covered by a fidelity bond2011-08-31Yes
Value of fidelity bond cover2011-08-31$1,100,000
If this is an individual account plan, was there a blackout period2011-08-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-08-31$0
Were there any nonexempt tranactions with any party-in-interest2011-08-31No
Contributions received from participants2011-08-31$349,793
Participant contributions at end of year2011-08-31$97,674
Participant contributions at beginning of year2011-08-31$125,714
Participant contributions at end of year2011-08-31$3,521
Participant contributions at beginning of year2011-08-31$1,350
Assets. Other investments not covered elsewhere at end of year2011-08-31$302,511
Assets. Other investments not covered elsewhere at beginning of year2011-08-31$283,417
Income. Received or receivable in cash from other sources (including rollovers)2011-08-31$101,476
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-08-31No
Value of net income/loss2011-08-31$891,683
Value of net assets at end of year (total assets less liabilities)2011-08-31$5,599,859
Value of net assets at beginning of year (total assets less liabilities)2011-08-31$4,708,176
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-08-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-08-31No
Were any leases to which the plan was party in default or uncollectible2011-08-31No
Investment advisory and management fees2011-08-31$27,076
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-08-31$5,195,097
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-08-31$4,297,323
Interest on participant loans2011-08-31$6,385
Expenses. Payments to insurance carriers foe the provision of benefits2011-08-31$13,860
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-08-31$144,259
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-08-31No
Was there a failure to transmit to the plan any participant contributions2011-08-31No
Has the plan failed to provide any benefit when due under the plan2011-08-31No
Contributions received in cash from employer2011-08-31$84,929
Employer contributions (assets) at end of year2011-08-31$1,056
Employer contributions (assets) at beginning of year2011-08-31$372
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-08-31$266,509
Did the plan have assets held for investment2011-08-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-08-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-08-31No
Aggregate proceeds on sale of assets2011-08-31$2,436,078
Aggregate carrying amount (costs) on sale of assets2011-08-31$2,520,714
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-08-31Yes
Opinion of an independent qualified public accountant for this plan2011-08-31Disclaimer
Accountancy firm name2011-08-31KATHLEEN J PAULSON CPA PC
Accountancy firm EIN2011-08-31382908718
2010 : RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-08-31$0

Form 5500 Responses for RIVERSIDE AUTO SALES INC 401K PLAN & TRUST

2016: RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2014 form 5500 responses
2014-09-01Type of plan entitySingle employer plan
2014-09-01This return/report is a short plan year return/report (less than 12 months)Yes
2014-09-01Plan funding arrangement – InsuranceYes
2014-09-01Plan funding arrangement – TrustYes
2014-09-01Plan benefit arrangement – InsuranceYes
2014-09-01Plan benefit arrangement - TrustYes
2013: RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2013 form 5500 responses
2013-09-01Type of plan entitySingle employer plan
2013-09-01Plan funding arrangement – InsuranceYes
2013-09-01Plan funding arrangement – TrustYes
2013-09-01Plan benefit arrangement – InsuranceYes
2013-09-01Plan benefit arrangement - TrustYes
2012: RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2012 form 5500 responses
2012-09-01Type of plan entitySingle employer plan
2012-09-01Submission has been amendedNo
2012-09-01This submission is the final filingNo
2012-09-01This return/report is a short plan year return/report (less than 12 months)No
2012-09-01Plan is a collectively bargained planNo
2012-09-01Plan funding arrangement – InsuranceYes
2012-09-01Plan funding arrangement – TrustYes
2012-09-01Plan benefit arrangement – InsuranceYes
2012-09-01Plan benefit arrangement - TrustYes
2011: RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2011 form 5500 responses
2011-09-01Type of plan entitySingle employer plan
2011-09-01Submission has been amendedNo
2011-09-01This submission is the final filingNo
2011-09-01This return/report is a short plan year return/report (less than 12 months)No
2011-09-01Plan is a collectively bargained planNo
2011-09-01Plan funding arrangement – InsuranceYes
2011-09-01Plan funding arrangement – TrustYes
2011-09-01Plan benefit arrangement – InsuranceYes
2011-09-01Plan benefit arrangement - TrustYes
2009: RIVERSIDE AUTO SALES INC 401K PLAN & TRUST 2009 form 5500 responses
2009-09-01Type of plan entitySingle employer plan
2009-09-01Submission has been amendedNo
2009-09-01This submission is the final filingNo
2009-09-01This return/report is a short plan year return/report (less than 12 months)No
2009-09-01Plan is a collectively bargained planNo
2009-09-01Plan funding arrangement – InsuranceYes
2009-09-01Plan funding arrangement – TrustYes
2009-09-01Plan benefit arrangement – InsuranceYes
2009-09-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 90611 )
Policy contract number9740027-26
Policy instance 1
Insurance contract or identification number9740027-26
Number of Individuals Covered14
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 90611 )
Policy contract number9740027-26
Policy instance 1
Insurance contract or identification number9740027-26
Number of Individuals Covered15
Insurance policy start date2014-09-01
Insurance policy end date2014-12-31
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 90611 )
Policy contract number9740027-26
Policy instance 1
Insurance contract or identification number9740027-26
Number of Individuals Covered15
Insurance policy start date2013-09-01
Insurance policy end date2014-08-31
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 90611 )
Policy contract number9740027-26
Policy instance 1
Insurance contract or identification number9740027-26
Number of Individuals Covered15
Insurance policy start date2012-09-01
Insurance policy end date2013-08-31
Are there contracts with allocated funds for individual policies?No
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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 BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 90611 )
Policy contract number9740027-26
Policy instance 1
Insurance contract or identification number9740027-26
Number of Individuals Covered15
Insurance policy start date2011-09-01
Insurance policy end date2012-08-31
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 90611 )
Policy contract number9740027-26
Policy instance 1
Insurance contract or identification number9740027-26
Number of Individuals Covered15
Insurance policy start date2010-09-01
Insurance policy end date2011-08-31
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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