401k Plan data: MODERN AUTO CO. INC. 401(K) PLAN plan

MODERN AUTO CO. INC. 401(K) PLAN 401k Plan overview

Plan Name	MODERN AUTO CO. INC. 401(K) PLAN
Plan identification number	002

MODERN AUTO CO. INC. 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
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) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

MODERN AUTO CO., INC. has sponsored the creation of one or more 401k plans.

Company Name: MODERN AUTO CO., INC.

Employer identification number (EIN): 430666255

NAIC Classification: 441110
NAIC Description: New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MODERN AUTO CO. INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2020-01-01
002 2018-01-01
002 2017-01-01
002 2016-01-01 JOHN A FELTMANN 2017-06-21 JOHN A FELTMANN 2017-06-21
002 2015-01-01 JOHN FELTMANN 2016-06-30 JOHN FELTMANN 2016-06-30
002 2015-01-01 JOHN FELTMANN 2017-06-21 JOHN FELTMANN 2017-06-21
002 2014-01-01 JOHN FELTMANN JOHN FELTMANN 2015-07-09
002 2014-01-01 JOHN FELTMANN JOHN FELTMANN 2017-06-21
002 2013-01-01 JOHN FELTMANN JOHN FELTMANN 2017-06-21
002 2012-01-01 JOHN FELTMANN 2017-06-21 JOHN FELTMANN 2017-06-21
002 2011-01-01 JOHN FELTMANN 2017-06-21 JOHN FELTMANN 2017-06-21
002 2010-01-01 JOHN FELTMANN 2017-06-21 JOHN FELTMANN 2017-06-21
002 2009-01-01 JOHN FELTMANN MARY RIEGEL 2010-07-19

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-01-01
002	2021-01-01
002	2020-01-01
002	2018-01-01
002	2017-01-01
002	2016-01-01	JOHN A FELTMANN	2017-06-21	JOHN A FELTMANN	2017-06-21
002	2015-01-01	JOHN FELTMANN	2016-06-30	JOHN FELTMANN	2016-06-30
002	2015-01-01	JOHN FELTMANN	2017-06-21	JOHN FELTMANN	2017-06-21
002	2014-01-01	JOHN FELTMANN		JOHN FELTMANN	2015-07-09
002	2014-01-01	JOHN FELTMANN		JOHN FELTMANN	2017-06-21
002	2013-01-01	JOHN FELTMANN		JOHN FELTMANN	2017-06-21
002	2012-01-01	JOHN FELTMANN	2017-06-21	JOHN FELTMANN	2017-06-21
002	2011-01-01	JOHN FELTMANN	2017-06-21	JOHN FELTMANN	2017-06-21
002	2010-01-01	JOHN FELTMANN	2017-06-21	JOHN FELTMANN	2017-06-21
002	2009-01-01	JOHN FELTMANN		MARY RIEGEL	2010-07-19

Plan Statistics for MODERN AUTO CO. INC. 401(K) PLAN

401k plan membership statisitcs for MODERN AUTO CO. INC. 401(K) PLAN

Measure Date Value
2014: MODERN AUTO CO. INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 46
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 37
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 6
Total of all active and inactive participants 2014-01-01 43
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 43
Number of participants with account balances 2014-01-01 41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 5
2013: MODERN AUTO CO. INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 49
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 38
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 7
Total of all active and inactive participants 2013-01-01 45
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 45
Number of participants with account balances 2013-01-01 45
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 6
2009: MODERN AUTO CO. INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 46
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 41
Number of retired or separated participants receiving benefits 2009-01-01 1
Number of other retired or separated participants entitled to future benefits 2009-01-01 5
Total of all active and inactive participants 2009-01-01 47
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 1
Total participants 2009-01-01 48
Number of participants with account balances 2009-01-01 48
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 1

Measure	Date	Value
2014: MODERN AUTO CO. INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	46
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	37
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	6
Total of all active and inactive participants	2014-01-01	43
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	43
Number of participants with account balances	2014-01-01	41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	5
2013: MODERN AUTO CO. INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	49
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	38
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	7
Total of all active and inactive participants	2013-01-01	45
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	45
Number of participants with account balances	2013-01-01	45
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	6
2009: MODERN AUTO CO. INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	46
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	41
Number of retired or separated participants receiving benefits	2009-01-01	1
Number of other retired or separated participants entitled to future benefits	2009-01-01	5
Total of all active and inactive participants	2009-01-01	47
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	1
Total participants	2009-01-01	48
Number of participants with account balances	2009-01-01	48
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	1

Financial Data on MODERN AUTO CO. INC. 401(K) PLAN

Measure	Date	Value
2014 : MODERN AUTO CO. INC. 401(K) PLAN 2014 401k financial data
Transfers to/from the plan	2014-12-31	$0
Total income from all sources	2014-12-31	$517,645
Expenses. Total of all expenses incurred	2014-12-31	$100,257
Benefits paid (including direct rollovers)	2014-12-31	$99,696
Total plan assets at end of year	2014-12-31	$5,394,073
Total plan assets at beginning of year	2014-12-31	$4,976,685
Value of fidelity bond covering the plan	2014-12-31	$500,000
Total contributions received or receivable from participants	2014-12-31	$104,633
Expenses. Other expenses not covered elsewhere	2014-12-31	$561
Contributions received from other sources (not participants or employers)	2014-12-31	$0
Other income received	2014-12-31	$363,664
Net income (gross income less expenses)	2014-12-31	$417,388
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$5,394,073
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$4,976,685
Assets. Value of participant loans	2014-12-31	$152,102
Total contributions received or receivable from employer(s)	2014-12-31	$49,348
Value of certain deemed distributions of participant loans	2014-12-31	$0
Value of corrective distributions	2014-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2014-12-31	$0
Minimum employer required contribution for this plan year	2014-12-31	$0
Amount contributed by the employer to the plan for this plan year	2014-12-31	$0
2013 : MODERN AUTO CO. INC. 401(K) PLAN 2013 401k financial data
Transfers to/from the plan	2013-12-31	$0
Total income from all sources	2013-12-31	$1,302,177
Expenses. Total of all expenses incurred	2013-12-31	$167,314
Benefits paid (including direct rollovers)	2013-12-31	$166,424
Total plan assets at end of year	2013-12-31	$4,976,685
Total plan assets at beginning of year	2013-12-31	$3,841,822
Value of fidelity bond covering the plan	2013-12-31	$250,000
Total contributions received or receivable from participants	2013-12-31	$99,651
Expenses. Other expenses not covered elsewhere	2013-12-31	$890
Contributions received from other sources (not participants or employers)	2013-12-31	$0
Other income received	2013-12-31	$1,153,286
Net income (gross income less expenses)	2013-12-31	$1,134,863
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$4,976,685
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$3,841,822
Assets. Value of participant loans	2013-12-31	$148,948
Total contributions received or receivable from employer(s)	2013-12-31	$49,240
Value of certain deemed distributions of participant loans	2013-12-31	$0
Value of corrective distributions	2013-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2013-12-31	$0
Minimum employer required contribution for this plan year	2013-12-31	$0
Amount contributed by the employer to the plan for this plan year	2013-12-31	$0
2012 : MODERN AUTO CO. INC. 401(K) PLAN 2012 401k financial data
Transfers to/from the plan	2012-12-31	$0
Total income from all sources	2012-12-31	$679,515
Expenses. Total of all expenses incurred	2012-12-31	$24,154
Benefits paid (including direct rollovers)	2012-12-31	$23,792
Total plan assets at end of year	2012-12-31	$3,841,822
Total plan assets at beginning of year	2012-12-31	$3,186,461
Value of fidelity bond covering the plan	2012-12-31	$250,000
Total contributions received or receivable from participants	2012-12-31	$112,136
Expenses. Other expenses not covered elsewhere	2012-12-31	$362
Contributions received from other sources (not participants or employers)	2012-12-31	$0
Other income received	2012-12-31	$518,732
Net income (gross income less expenses)	2012-12-31	$655,361
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$3,841,822
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$3,186,461
Assets. Value of participant loans	2012-12-31	$99,211
Total contributions received or receivable from employer(s)	2012-12-31	$48,647
Value of certain deemed distributions of participant loans	2012-12-31	$0
Value of corrective distributions	2012-12-31	$0
2011 : MODERN AUTO CO. INC. 401(K) PLAN 2011 401k financial data
Transfers to/from the plan	2011-12-31	$416
Total income from all sources	2011-12-31	$-129,262
Expenses. Total of all expenses incurred	2011-12-31	$261,956
Benefits paid (including direct rollovers)	2011-12-31	$261,523
Total plan assets at end of year	2011-12-31	$3,186,461
Total plan assets at beginning of year	2011-12-31	$3,577,263
Value of fidelity bond covering the plan	2011-12-31	$250,000
Total contributions received or receivable from participants	2011-12-31	$113,888
Expenses. Other expenses not covered elsewhere	2011-12-31	$433
Contributions received from other sources (not participants or employers)	2011-12-31	$0
Other income received	2011-12-31	$-294,709
Net income (gross income less expenses)	2011-12-31	$-391,218
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$3,186,461
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$3,577,263
Assets. Value of participant loans	2011-12-31	$67,615
Total contributions received or receivable from employer(s)	2011-12-31	$51,559
Value of certain deemed distributions of participant loans	2011-12-31	$0
Value of corrective distributions	2011-12-31	$0
2010 : MODERN AUTO CO. INC. 401(K) PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$583,516
Expenses. Total of all expenses incurred	2010-12-31	$116,725
Benefits paid (including direct rollovers)	2010-12-31	$116,554
Total plan assets at end of year	2010-12-31	$3,577,263
Total plan assets at beginning of year	2010-12-31	$3,110,472
Value of fidelity bond covering the plan	2010-12-31	$250,000
Total contributions received or receivable from participants	2010-12-31	$103,327
Expenses. Other expenses not covered elsewhere	2010-12-31	$171
Contributions received from other sources (not participants or employers)	2010-12-31	$0
Other income received	2010-12-31	$447,058
Net income (gross income less expenses)	2010-12-31	$466,791
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$3,577,263
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$3,110,472
Assets. Value of participant loans	2010-12-31	$63,336
Total contributions received or receivable from employer(s)	2010-12-31	$33,131
Value of certain deemed distributions of participant loans	2010-12-31	$0
Value of corrective distributions	2010-12-31	$0
2009 : MODERN AUTO CO. INC. 401(K) PLAN 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year	2009-12-31	$0
Minimum employer required contribution for this plan year	2009-12-31	$0
Amount contributed by the employer to the plan for this plan year	2009-12-31	$0

Form 5500 Responses for MODERN AUTO CO. INC. 401(K) PLAN

2014: MODERN AUTO CO. INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	Yes
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 – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2013: MODERN AUTO CO. INC. 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	Yes
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 – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2009: MODERN AUTO CO. INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )

Policy contract number

GA-823474

Policy instance

Insurance contract or identification number	GA-823474
Number of Individuals Covered	41
Insurance policy start date	2014-01-01
Insurance policy end date	2014-12-31
Total amount of commissions paid to insurance broker	USD $12,892
Total amount of fees paid to insurance company	USD $0
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 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?	Yes
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

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )

Policy contract number

GA-823474

Policy instance

Insurance contract or identification number	GA-823474
Number of Individuals Covered	45
Insurance policy start date	2013-01-01
Insurance policy end date	2013-12-31
Total amount of commissions paid to insurance broker	USD $10,815
Total amount of fees paid to insurance company	USD $0
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 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?	Yes
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

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )

Policy contract number

GA-823474

Policy instance

Insurance contract or identification number	GA-823474
Number of Individuals Covered	45
Insurance policy start date	2012-01-01
Insurance policy end date	2012-12-31
Total amount of commissions paid to insurance broker	USD $9,199
Total amount of fees paid to insurance company	USD $0
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 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?	Yes
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

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Company Name:	MODERN AUTO CO., INC.
Employer identification number (EIN):	430666255
NAIC Classification:	441110
NAIC Description:	New Car Dealers