GERALD JONES VW, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan GERALD JONES AUTOMOTIVE GROUP 401(K) PLAN
Measure | Date | Value |
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2022 : GERALD JONES AUTOMOTIVE GROUP 401(K) PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-42,220 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $300,865 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $242,202 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,234,172 |
Value of total assets at end of year | 2022-12-31 | $8,127,325 |
Value of total assets at beginning of year | 2022-12-31 | $8,470,410 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $58,663 |
Total interest from all sources | 2022-12-31 | $8,895 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $300,000 |
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 | $908,573 |
Participant contributions at end of year | 2022-12-31 | $168,969 |
Participant contributions at beginning of year | 2022-12-31 | $162,600 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $256,055 |
Total non interest bearing cash at end of year | 2022-12-31 | $23,458 |
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 | $-343,085 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $8,127,325 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $8,470,410 |
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 |
Investment advisory and management fees | 2022-12-31 | $28,275 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $7,934,898 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $8,257,199 |
Interest on participant loans | 2022-12-31 | $8,895 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $35,773 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $35,773 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,285,287 |
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 | $69,544 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $14,838 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $242,202 |
Contract administrator fees | 2022-12-31 | $30,388 |
Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $0 |
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 | SKIBBIE CPA INC. |
Accountancy firm EIN | 2022-12-31 | 270851321 |
2021 : GERALD JONES AUTOMOTIVE GROUP 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $2,006 |
Total income from all sources (including contributions) | 2021-12-31 | $2,114,223 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $762,374 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $633,528 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $20,216 |
Value of total corrective distributions | 2021-12-31 | $41,590 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,145,624 |
Value of total assets at end of year | 2021-12-31 | $8,470,410 |
Value of total assets at beginning of year | 2021-12-31 | $7,120,567 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $67,040 |
Total interest from all sources | 2021-12-31 | $6,041 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $962,558 |
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 | $962,558 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $300,000 |
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 | $819,152 |
Participant contributions at end of year | 2021-12-31 | $162,600 |
Participant contributions at beginning of year | 2021-12-31 | $98,333 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $7,479 |
Administrative expenses (other) incurred | 2021-12-31 | $-7,479 |
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 | $1,351,849 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $8,470,410 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $7,118,561 |
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 |
Investment advisory and management fees | 2021-12-31 | $31,563 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $8,257,199 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $7,001,641 |
Interest on participant loans | 2021-12-31 | $6,041 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $35,773 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $14,940 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $14,940 |
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 |
Contributions received in cash from employer | 2021-12-31 | $318,993 |
Employer contributions (assets) at end of year | 2021-12-31 | $14,838 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $5,653 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $633,528 |
Contract administrator fees | 2021-12-31 | $42,956 |
Liabilities. Value of benefit claims payable at end of year | 2021-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2021-12-31 | $2,006 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Disclaimer |
Accountancy firm name | 2021-12-31 | SKIBBIE CPA INC. |
Accountancy firm EIN | 2021-12-31 | 270851321 |