MYERS AUTO GROUP, LLC has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2022 : MAG 401(K) PLAN 2022 401k financial data |
|---|
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $110 |
| Total income from all sources (including contributions) | 2022-12-31 | $2,397,038 |
| Total of all expenses incurred | 2022-12-31 | $432,931 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $327,910 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $3,806,256 |
| Value of total assets at end of year | 2022-12-31 | $9,712,650 |
| Value of total assets at beginning of year | 2022-12-31 | $7,748,653 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $105,021 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $132,783 |
| 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 | $132,783 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $2,003,936 |
| Participant contributions at end of year | 2022-12-31 | $658 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $1,074,704 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-12-31 | $726 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $110 |
| Other income not declared elsewhere | 2022-12-31 | $6,225 |
| 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 | $1,964,107 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $9,712,650 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $7,748,543 |
| 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 | $9,128,473 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $7,535,603 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $546,565 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $213,050 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,555,101 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $6,875 |
| 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 | $727,616 |
| Employer contributions (assets) at end of year | 2022-12-31 | $36,954 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $327,184 |
| Contract administrator fees | 2022-12-31 | $105,021 |
| 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 | HOLYFIELD & THOMAS LLC |
| Accountancy firm EIN | 2022-12-31 | 651083521 |
| 2021 : MAG 401(K) PLAN 2021 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $110 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $110 |
| Total income from all sources (including contributions) | 2021-12-31 | $5,156,857 |
| Total of all expenses incurred | 2021-12-31 | $1,209,727 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,136,839 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $4,459,697 |
| Value of total assets at end of year | 2021-12-31 | $7,748,653 |
| Value of total assets at beginning of year | 2021-12-31 | $3,801,523 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $72,888 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $46,033 |
| 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 | $46,033 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $1,216,979 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $3,242,718 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $110 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $110 |
| Other income not declared elsewhere | 2021-12-31 | $77 |
| 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 | $3,947,130 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $7,748,543 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $3,801,413 |
| 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 | $7,535,603 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $3,440,396 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $214,324 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $213,050 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $146,803 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $636,698 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $13,056 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $1,296 |
| 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 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,136,839 |
| Contract administrator fees | 2021-12-31 | $72,888 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | HOLYFIELD & THOMAS LLC |
| Accountancy firm EIN | 2021-12-31 | 651083521 |
| 2020 : MAG 401(K) PLAN 2020 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $110 |
| Total income from all sources (including contributions) | 2020-12-31 | $1,417,653 |
| Total of all expenses incurred | 2020-12-31 | $149,167 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $107,053 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $872,807 |
| Value of total assets at end of year | 2020-12-31 | $3,801,523 |
| Value of total assets at beginning of year | 2020-12-31 | $2,532,927 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $42,114 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $19,047 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $19,047 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $300,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $836,950 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $35,857 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $110 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $1,268,486 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $3,801,413 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $2,532,927 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $3,440,396 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $2,330,921 |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $214,324 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $202,006 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $146,803 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $511,966 |
| Net investment gain/loss from pooled separate accounts | 2020-12-31 | $12,724 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $1,109 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $107,053 |
| Contract administrator fees | 2020-12-31 | $42,114 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | HOLYFIELD & THOMAS LLC |
| Accountancy firm EIN | 2020-12-31 | 651083521 |
| 2019 : MAG 401(K) PLAN 2019 401k financial data |
|---|
| Total income from all sources (including contributions) | 2019-12-31 | $2,040,583 |
| Total of all expenses incurred | 2019-12-31 | $41,562 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $15,501 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,744,585 |
| Value of total assets at end of year | 2019-12-31 | $2,532,927 |
| Value of total assets at beginning of year | 2019-12-31 | $533,906 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $26,061 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $22,670 |
| 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 | $22,670 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $300,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $661,307 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $1,083,278 |
| 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 | $1,999,021 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $2,532,927 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $533,906 |
| 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 | $2,330,921 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $533,906 |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $202,006 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $270,093 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $3,235 |
| 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 |
| Employer contributions (assets) at end of year | 2019-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $15,501 |
| Contract administrator fees | 2019-12-31 | $26,061 |
| 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 | HOLYFIELD & THOMAS LLC |
| Accountancy firm EIN | 2019-12-31 | 651083521 |
| 2018 : MAG 401(K) PLAN 2018 401k financial data |
|---|
| Total income from all sources (including contributions) | 2018-12-31 | $539,708 |
| Total of all expenses incurred | 2018-12-31 | $5,802 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $2,279 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $583,222 |
| Value of total assets at end of year | 2018-12-31 | $533,906 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $3,523 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $5,799 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $5,799 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $300,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $349,222 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $131,000 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $533,906 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $533,906 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $533,906 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-49,313 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $103,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $2,279 |
| Contract administrator fees | 2018-12-31 | $3,523 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | CROWE LLP |
| Accountancy firm EIN | 2018-12-31 | 350921680 |
