401k Plan data: HEYWARD ALLEN MOTOR COMPANY, INC. PROFIT SHARING AND SALARY DEFERRAL PLAN plan

HEYWARD ALLEN MOTOR COMPANY, INC. PROFIT SHARING AND SALARY DEFERRAL PLAN 401k Plan overview

Plan Name	HEYWARD ALLEN MOTOR COMPANY, INC. PROFIT SHARING AND SALARY DEFERRAL PLAN
Plan identification number	001

HEYWARD ALLEN MOTOR COMPANY, INC. PROFIT SHARING AND SALARY DEFERRAL PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

HEYWARD ALLEN MOTOR COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name: HEYWARD ALLEN MOTOR COMPANY, INC.

Employer identification number (EIN): 581085509

NAIC Classification: 441110
NAIC Description: New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HEYWARD ALLEN MOTOR COMPANY, INC. PROFIT SHARING AND SALARY DEFERRAL PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-01-01 CHRISTINA CORBETT BENJAMIN ALLEN 2012-07-30
001 2010-01-01 CHRISTINA CORBETT BENJAMIN ALLEN 2011-10-07

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2011-01-01	CHRISTINA CORBETT		BENJAMIN ALLEN	2012-07-30
001	2010-01-01	CHRISTINA CORBETT		BENJAMIN ALLEN	2011-10-07

Plan Statistics for HEYWARD ALLEN MOTOR COMPANY, INC. PROFIT SHARING AND SALARY DEFERRAL PLAN

401k plan membership statisitcs for HEYWARD ALLEN MOTOR COMPANY, INC. PROFIT SHARING AND SALARY DEFERRAL PLAN

Measure Date Value
2011: HEYWARD ALLEN MOTOR COMPANY, INC. PROFIT SHARING AND SALARY DEFERRAL PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 126
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 138
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 11
Total of all active and inactive participants 2011-01-01 149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 1
Total participants 2011-01-01 150
Number of participants with account balances 2011-01-01 77
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 5
2010: HEYWARD ALLEN MOTOR COMPANY, INC. PROFIT SHARING AND SALARY DEFERRAL PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 155
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 117
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 9
Total of all active and inactive participants 2010-01-01 126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 126
Number of participants with account balances 2010-01-01 80
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 3

Measure	Date	Value
2011: HEYWARD ALLEN MOTOR COMPANY, INC. PROFIT SHARING AND SALARY DEFERRAL PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	126
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	138
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	11
Total of all active and inactive participants	2011-01-01	149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	1
Total participants	2011-01-01	150
Number of participants with account balances	2011-01-01	77
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	5
2010: HEYWARD ALLEN MOTOR COMPANY, INC. PROFIT SHARING AND SALARY DEFERRAL PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	155
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	117
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	9
Total of all active and inactive participants	2010-01-01	126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	126
Number of participants with account balances	2010-01-01	80
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	3

Financial Data on HEYWARD ALLEN MOTOR COMPANY, INC. PROFIT SHARING AND SALARY DEFERRAL PLAN

Measure	Date	Value
2011 : HEYWARD ALLEN MOTOR COMPANY, INC. PROFIT SHARING AND SALARY DEFERRAL PLAN 2011 401k financial data
Total income from all sources (including contributions)	2011-12-31	$243,194
Total of all expenses incurred	2011-12-31	$452,523
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$411,531
Expenses. Certain deemed distributions of participant loans	2011-12-31	$40,092
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$259,406
Value of total assets at end of year	2011-12-31	$4,147,118
Value of total assets at beginning of year	2011-12-31	$4,356,447
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$900
Total interest from all sources	2011-12-31	$5,069
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$89,689
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$89,689
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$191,560
Participant contributions at end of year	2011-12-31	$52,972
Participant contributions at beginning of year	2011-12-31	$132,295
Participant contributions at end of year	2011-12-31	$5,016
Participant contributions at beginning of year	2011-12-31	$6,162
Administrative expenses (other) incurred	2011-12-31	$900
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-209,329
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$4,147,118
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$4,356,447
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$3,047,976
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$3,249,614
Interest on participant loans	2011-12-31	$5,046
Value of interest in common/collective trusts at end of year	2011-12-31	$739,435
Value of interest in common/collective trusts at beginning of year	2011-12-31	$701,359
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$233,873
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$227,552
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$227,552
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$23
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-129,874
Net investment gain or loss from common/collective trusts	2011-12-31	$18,904
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$67,846
Employer contributions (assets) at end of year	2011-12-31	$67,846
Employer contributions (assets) at beginning of year	2011-12-31	$39,465
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$411,531
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2011-12-31	No
Did the plan have assets held for investment	2011-12-31	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	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	TRINITY ACCOUNTING GROUP
Accountancy firm EIN	2011-12-31	582143152
2010 : HEYWARD ALLEN MOTOR COMPANY, INC. PROFIT SHARING AND SALARY DEFERRAL PLAN 2010 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$655,483
Total of all expenses incurred	2010-12-31	$230,130
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$222,820
Expenses. Certain deemed distributions of participant loans	2010-12-31	$5,805
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$259,488
Value of total assets at end of year	2010-12-31	$4,356,447
Value of total assets at beginning of year	2010-12-31	$3,931,094
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$1,505
Total interest from all sources	2010-12-31	$7,505
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$96,378
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$96,378
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$220,023
Participant contributions at end of year	2010-12-31	$132,295
Participant contributions at beginning of year	2010-12-31	$170,057
Participant contributions at end of year	2010-12-31	$6,162
Participant contributions at beginning of year	2010-12-31	$8,170
Administrative expenses (other) incurred	2010-12-31	$1,505
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$425,353
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$4,356,447
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$3,931,094
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$3,249,614
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$3,005,661
Interest on participant loans	2010-12-31	$7,480
Value of interest in common/collective trusts at end of year	2010-12-31	$701,359
Value of interest in common/collective trusts at beginning of year	2010-12-31	$550,461
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$227,552
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$155,716
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$155,716
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$25
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$270,028
Net investment gain or loss from common/collective trusts	2010-12-31	$22,084
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$39,465
Employer contributions (assets) at end of year	2010-12-31	$39,465
Employer contributions (assets) at beginning of year	2010-12-31	$41,029
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$222,820
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2010-12-31	No
Did the plan have assets held for investment	2010-12-31	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	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	TRINITY ACCOUNTING GROUP
Accountancy firm EIN	2010-12-31	582143152

Form 5500 Responses for HEYWARD ALLEN MOTOR COMPANY, INC. PROFIT SHARING AND SALARY DEFERRAL PLAN

2011: HEYWARD ALLEN MOTOR COMPANY, INC. PROFIT SHARING AND SALARY DEFERRAL PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: HEYWARD ALLEN MOTOR COMPANY, INC. PROFIT SHARING AND SALARY DEFERRAL PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	Yes
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	HEYWARD ALLEN MOTOR COMPANY, INC.
Employer identification number (EIN):	581085509
NAIC Classification:	441110
NAIC Description:	New Car Dealers