MAGNUSSEN DEALERSHIP GROUP has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MAGNUSSEN DEALERSHIP GROUP 401(K) SAVINGS & RETIREMENT PLAN
401k plan membership statisitcs for MAGNUSSEN DEALERSHIP GROUP 401(K) SAVINGS & RETIREMENT PLAN
Measure | Date | Value |
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2020 : MAGNUSSEN DEALERSHIP GROUP 401(K) SAVINGS & RETIREMENT PLAN 2020 401k financial data |
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Unrealized appreciation/depreciation of real estate assets | 2020-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total transfer of assets to this plan | 2020-12-31 | $0 |
Total transfer of assets from this plan | 2020-12-31 | $4,330,720 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $944,120 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $2,284,331 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $2,204,345 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $0 |
Value of total corrective distributions | 2020-12-31 | $36,520 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $467,167 |
Value of total assets at end of year | 2020-12-31 | $2,338,444 |
Value of total assets at beginning of year | 2020-12-31 | $8,009,375 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $43,466 |
Total income from rents | 2020-12-31 | $0 |
Total interest from all sources | 2020-12-31 | $14,618 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $25,320 |
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 | $25,320 |
Administrative expenses professional fees incurred | 2020-12-31 | $0 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2020-12-31 | $0 |
Contributions received from participants | 2020-12-31 | $435,469 |
Participant contributions at end of year | 2020-12-31 | $90,262 |
Participant contributions at beginning of year | 2020-12-31 | $134,340 |
Participant contributions at end of year | 2020-12-31 | $0 |
Participant contributions at beginning of year | 2020-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $0 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-31 | $156 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
Other income not declared elsewhere | 2020-12-31 | $0 |
Administrative expenses (other) incurred | 2020-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $0 |
Total non interest bearing cash at end of year | 2020-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $0 |
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 | $-1,340,211 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $2,338,444 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $8,009,375 |
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 |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2020-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2020-12-31 | $0 |
Investment advisory and management fees | 2020-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $944,440 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $1,377,850 |
Value of interest in pooled separate accounts at end of year | 2020-12-31 | $79,986 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $432,142 |
Interest on participant loans | 2020-12-31 | $5,229 |
Income. Interest from loans (other than to participants) | 2020-12-31 | $0 |
Interest earned on other investments | 2020-12-31 | $9,389 |
Income. Interest from US Government securities | 2020-12-31 | $0 |
Income. Interest from corporate debt instruments | 2020-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $911,506 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $5,948,878 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $312,250 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $116,165 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $115,637 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $29,573 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $291,805 |
Net gain/loss from 103.12 investment entities | 2020-12-31 | $0 |
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 |
Contributions received in cash from employer | 2020-12-31 | $31,698 |
Employer contributions (assets) at end of year | 2020-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
Income. Dividends from preferred stock | 2020-12-31 | $0 |
Income. Dividends from common stock | 2020-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $2,204,189 |
Contract administrator fees | 2020-12-31 | $43,466 |
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 | 2020-12-31 | Yes |
Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $0 |
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 |
Aggregate proceeds on sale of assets | 2020-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2020-12-31 | $0 |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | BFBA LLP |
Accountancy firm EIN | 2020-12-31 | 680000424 |
2019 : MAGNUSSEN DEALERSHIP GROUP 401(K) SAVINGS & RETIREMENT PLAN 2019 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2019-12-31 | $0 |
Unrealized appreciation/depreciation of real estate assets | 2019-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total transfer of assets to this plan | 2019-12-31 | $0 |
Total transfer of assets to this plan | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $2,104,874 |
Total income from all sources (including contributions) | 2019-12-31 | $2,104,874 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $1,227,883 |
Total of all expenses incurred | 2019-12-31 | $1,227,883 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,143,424 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,143,424 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $0 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $0 |
Value of total corrective distributions | 2019-12-31 | $33,410 |
Value of total corrective distributions | 2019-12-31 | $33,410 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $685,255 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $685,255 |
Value of total assets at end of year | 2019-12-31 | $8,009,375 |
Value of total assets at end of year | 2019-12-31 | $8,009,375 |
Value of total assets at beginning of year | 2019-12-31 | $7,132,384 |
Value of total assets at beginning of year | 2019-12-31 | $7,132,384 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $51,049 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $51,049 |
Total income from rents | 2019-12-31 | $0 |
Total income from rents | 2019-12-31 | $0 |
Total interest from all sources | 2019-12-31 | $6,809 |
Total interest from all sources | 2019-12-31 | $6,809 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $30,208 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $30,208 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
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 | $30,208 |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $30,208 |
Administrative expenses professional fees incurred | 2019-12-31 | $0 |
Administrative expenses professional fees incurred | 2019-12-31 | $0 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $500,000 |
Value of fidelity bond cover | 2019-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2019-12-31 | $0 |
Amount of non-exempt transactions with any party-in-interest | 2019-12-31 | $0 |
Contributions received from participants | 2019-12-31 | $647,794 |
Contributions received from participants | 2019-12-31 | $647,794 |
Participant contributions at end of year | 2019-12-31 | $134,340 |
Participant contributions at end of year | 2019-12-31 | $134,340 |
Participant contributions at beginning of year | 2019-12-31 | $163,356 |
Participant contributions at beginning of year | 2019-12-31 | $163,356 |
Participant contributions at end of year | 2019-12-31 | $0 |
Participant contributions at beginning of year | 2019-12-31 | $1,994 |
Participant contributions at beginning of year | 2019-12-31 | $1,994 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $1,234 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $1,234 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2019-12-31 | $0 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2019-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $0 |
Other income not declared elsewhere | 2019-12-31 | $8 |
Other income not declared elsewhere | 2019-12-31 | $8 |
Administrative expenses (other) incurred | 2019-12-31 | $0 |
Administrative expenses (other) incurred | 2019-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $0 |
Total non interest bearing cash at end of year | 2019-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $0 |
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 |
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 | $876,991 |
Value of net income/loss | 2019-12-31 | $876,991 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $8,009,375 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $8,009,375 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $7,132,384 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
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 loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2019-12-31 | $0 |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2019-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2019-12-31 | $0 |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2019-12-31 | $0 |
Investment advisory and management fees | 2019-12-31 | $0 |
Investment advisory and management fees | 2019-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $1,377,850 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $1,377,850 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $1,385,300 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $1,385,300 |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $432,142 |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $432,142 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $420,830 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $420,830 |
Interest on participant loans | 2019-12-31 | $4,898 |
Interest on participant loans | 2019-12-31 | $4,898 |
Income. Interest from loans (other than to participants) | 2019-12-31 | $0 |
Income. Interest from loans (other than to participants) | 2019-12-31 | $0 |
Interest earned on other investments | 2019-12-31 | $1,911 |
Interest earned on other investments | 2019-12-31 | $1,911 |
Income. Interest from US Government securities | 2019-12-31 | $0 |
Income. Interest from US Government securities | 2019-12-31 | $0 |
Income. Interest from corporate debt instruments | 2019-12-31 | $0 |
Income. Interest from corporate debt instruments | 2019-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $5,948,878 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $5,948,878 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $5,061,779 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $5,061,779 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $116,165 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $116,165 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $99,125 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $99,125 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $0 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $207,493 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $207,493 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $98,038 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $98,038 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $1,077,063 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $1,077,063 |
Net gain/loss from 103.12 investment entities | 2019-12-31 | $0 |
Net gain/loss from 103.12 investment entities | 2019-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
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 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $36,227 |
Contributions received in cash from employer | 2019-12-31 | $36,227 |
Employer contributions (assets) at end of year | 2019-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
Income. Dividends from preferred stock | 2019-12-31 | $0 |
Income. Dividends from preferred stock | 2019-12-31 | $0 |
Income. Dividends from common stock | 2019-12-31 | $0 |
Income. Dividends from common stock | 2019-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,143,424 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,143,424 |
Contract administrator fees | 2019-12-31 | $51,049 |
Contract administrator fees | 2019-12-31 | $51,049 |
Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $0 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
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 |
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 |
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 |
Aggregate proceeds on sale of assets | 2019-12-31 | $0 |
Aggregate proceeds on sale of assets | 2019-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2019-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2019-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
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 |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | BFBA, LLP |
Accountancy firm name | 2019-12-31 | BFBA, LLP |
Accountancy firm EIN | 2019-12-31 | 680000424 |
Accountancy firm EIN | 2019-12-31 | 680000424 |
2018 : MAGNUSSEN DEALERSHIP GROUP 401(K) SAVINGS & RETIREMENT PLAN 2018 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2018-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total transfer of assets to this plan | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $191,389 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $1,211,348 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $1,102,932 |
Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $0 |
Value of total corrective distributions | 2018-12-31 | $55,480 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $705,483 |
Value of total assets at end of year | 2018-12-31 | $7,132,384 |
Value of total assets at beginning of year | 2018-12-31 | $8,152,343 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $52,936 |
Total income from rents | 2018-12-31 | $0 |
Total interest from all sources | 2018-12-31 | $9,686 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $33,477 |
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 | $33,477 |
Administrative expenses professional fees incurred | 2018-12-31 | $0 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $500,000 |
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 |
Amount of non-exempt transactions with any party-in-interest | 2018-12-31 | $0 |
Contributions received from participants | 2018-12-31 | $668,363 |
Participant contributions at end of year | 2018-12-31 | $163,356 |
Participant contributions at beginning of year | 2018-12-31 | $215,127 |
Participant contributions at end of year | 2018-12-31 | $1,994 |
Participant contributions at beginning of year | 2018-12-31 | $2,727 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $0 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2018-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $0 |
Other income not declared elsewhere | 2018-12-31 | $28 |
Administrative expenses (other) incurred | 2018-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $0 |
Total non interest bearing cash at end of year | 2018-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2018-12-31 | $0 |
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 | $-1,019,959 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $7,132,384 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $8,152,343 |
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 |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2018-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2018-12-31 | $0 |
Investment advisory and management fees | 2018-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $1,385,300 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $1,943,198 |
Value of interest in pooled separate accounts at end of year | 2018-12-31 | $420,830 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $496,975 |
Interest on participant loans | 2018-12-31 | $7,945 |
Income. Interest from loans (other than to participants) | 2018-12-31 | $0 |
Interest earned on other investments | 2018-12-31 | $1,741 |
Income. Interest from US Government securities | 2018-12-31 | $0 |
Income. Interest from corporate debt instruments | 2018-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $5,061,779 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $5,380,853 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $99,125 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $112,693 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-141,170 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-21,289 |
Net investment gain or loss from common/collective trusts | 2018-12-31 | $-394,826 |
Net gain/loss from 103.12 investment entities | 2018-12-31 | $0 |
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 | Yes |
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 | $37,120 |
Employer contributions (assets) at end of year | 2018-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $770 |
Income. Dividends from preferred stock | 2018-12-31 | $0 |
Income. Dividends from common stock | 2018-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $1,102,932 |
Contract administrator fees | 2018-12-31 | $52,936 |
Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $0 |
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 |
Aggregate proceeds on sale of assets | 2018-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2018-12-31 | $0 |
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 | BFBA LLP |
Accountancy firm EIN | 2018-12-31 | 068000042 |
2017 : MAGNUSSEN DEALERSHIP GROUP 401(K) SAVINGS & RETIREMENT PLAN 2017 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2017-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total transfer of assets to this plan | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $2,004,688 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $287,059 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $192,227 |
Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $0 |
Value of total corrective distributions | 2017-12-31 | $45,889 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $863,667 |
Value of total assets at end of year | 2017-12-31 | $8,152,343 |
Value of total assets at beginning of year | 2017-12-31 | $6,434,714 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $48,943 |
Total income from rents | 2017-12-31 | $0 |
Total interest from all sources | 2017-12-31 | $8,787 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $37,054 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $37,054 |
Administrative expenses professional fees incurred | 2017-12-31 | $0 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2017-12-31 | $0 |
Contributions received from participants | 2017-12-31 | $703,038 |
Participant contributions at end of year | 2017-12-31 | $215,127 |
Participant contributions at beginning of year | 2017-12-31 | $80,634 |
Participant contributions at end of year | 2017-12-31 | $2,727 |
Participant contributions at beginning of year | 2017-12-31 | $7,053 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $118,905 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2017-12-31 | $43 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $0 |
Other income not declared elsewhere | 2017-12-31 | $53 |
Administrative expenses (other) incurred | 2017-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $0 |
Total non interest bearing cash at end of year | 2017-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2017-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $1,717,629 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $8,152,343 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $6,434,714 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2017-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2017-12-31 | $0 |
Investment advisory and management fees | 2017-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $1,943,198 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $1,641,192 |
Value of interest in pooled separate accounts at end of year | 2017-12-31 | $496,975 |
Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $353,286 |
Interest on participant loans | 2017-12-31 | $6,839 |
Income. Interest from loans (other than to participants) | 2017-12-31 | $0 |
Interest earned on other investments | 2017-12-31 | $1,948 |
Income. Interest from US Government securities | 2017-12-31 | $0 |
Income. Interest from corporate debt instruments | 2017-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2017-12-31 | $5,380,853 |
Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $4,224,781 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $112,693 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $127,687 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $282,285 |
Net investment gain/loss from pooled separate accounts | 2017-12-31 | $76,653 |
Net investment gain or loss from common/collective trusts | 2017-12-31 | $736,189 |
Net gain/loss from 103.12 investment entities | 2017-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $41,724 |
Employer contributions (assets) at end of year | 2017-12-31 | $770 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $81 |
Income. Dividends from preferred stock | 2017-12-31 | $0 |
Income. Dividends from common stock | 2017-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $192,184 |
Contract administrator fees | 2017-12-31 | $48,943 |
Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $0 |
Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Aggregate proceeds on sale of assets | 2017-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2017-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | BFBA, LLP |
Accountancy firm EIN | 2017-12-31 | 680000424 |
2016 : MAGNUSSEN DEALERSHIP GROUP 401(K) SAVINGS & RETIREMENT PLAN 2016 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2016-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total transfer of assets to this plan | 2016-12-31 | $0 |
Total transfer of assets from this plan | 2016-12-31 | $3,109,625 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total income from all sources (including contributions) | 2016-12-31 | $1,146,127 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $1,312,070 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $1,205,278 |
Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $0 |
Value of total corrective distributions | 2016-12-31 | $60,175 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $638,902 |
Value of total assets at end of year | 2016-12-31 | $6,434,714 |
Value of total assets at beginning of year | 2016-12-31 | $9,710,282 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $46,617 |
Total income from rents | 2016-12-31 | $0 |
Total interest from all sources | 2016-12-31 | $5,097 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $40,678 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $40,678 |
Administrative expenses professional fees incurred | 2016-12-31 | $0 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2016-12-31 | $0 |
Contributions received from participants | 2016-12-31 | $600,107 |
Participant contributions at end of year | 2016-12-31 | $80,634 |
Participant contributions at beginning of year | 2016-12-31 | $317,947 |
Participant contributions at end of year | 2016-12-31 | $7,053 |
Participant contributions at beginning of year | 2016-12-31 | $15,357 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $0 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2016-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $0 |
Other income not declared elsewhere | 2016-12-31 | $0 |
Administrative expenses (other) incurred | 2016-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $0 |
Total non interest bearing cash at end of year | 2016-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2016-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $-165,943 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $6,434,714 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $9,710,282 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2016-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2016-12-31 | $0 |
Investment advisory and management fees | 2016-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $1,641,192 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $1,835,353 |
Value of interest in pooled separate accounts at end of year | 2016-12-31 | $353,286 |
Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $755,348 |
Interest on participant loans | 2016-12-31 | $3,399 |
Income. Interest from loans (other than to participants) | 2016-12-31 | $0 |
Interest earned on other investments | 2016-12-31 | $1,698 |
Income. Interest from US Government securities | 2016-12-31 | $0 |
Income. Interest from corporate debt instruments | 2016-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2016-12-31 | $4,224,781 |
Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $6,718,050 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $127,687 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $67,959 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2016-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $90,898 |
Net investment gain/loss from pooled separate accounts | 2016-12-31 | $33,223 |
Net investment gain or loss from common/collective trusts | 2016-12-31 | $337,329 |
Net gain/loss from 103.12 investment entities | 2016-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $38,795 |
Employer contributions (assets) at end of year | 2016-12-31 | $81 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $268 |
Income. Dividends from preferred stock | 2016-12-31 | $0 |
Income. Dividends from common stock | 2016-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $1,205,278 |
Contract administrator fees | 2016-12-31 | $46,617 |
Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $0 |
Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Aggregate proceeds on sale of assets | 2016-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2016-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | BFBA, LLP |
Accountancy firm EIN | 2016-12-31 | 680000424 |
2015 : MAGNUSSEN DEALERSHIP GROUP 401(K) SAVINGS & RETIREMENT PLAN 2015 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2015-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
Total transfer of assets to this plan | 2015-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total income from all sources (including contributions) | 2015-12-31 | $1,140,710 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $1,479,482 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $1,383,638 |
Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $0 |
Value of total corrective distributions | 2015-12-31 | $24,302 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $1,196,878 |
Value of total assets at end of year | 2015-12-31 | $9,710,282 |
Value of total assets at beginning of year | 2015-12-31 | $10,049,054 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $71,542 |
Total income from rents | 2015-12-31 | $0 |
Total interest from all sources | 2015-12-31 | $14,015 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $47,763 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $47,763 |
Administrative expenses professional fees incurred | 2015-12-31 | $0 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $1,500,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2015-12-31 | $0 |
Contributions received from participants | 2015-12-31 | $890,948 |
Participant contributions at end of year | 2015-12-31 | $317,947 |
Participant contributions at beginning of year | 2015-12-31 | $423,123 |
Participant contributions at end of year | 2015-12-31 | $15,357 |
Participant contributions at beginning of year | 2015-12-31 | $18,112 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $240,371 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2015-12-31 | $12 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $0 |
Other income not declared elsewhere | 2015-12-31 | $19 |
Administrative expenses (other) incurred | 2015-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $0 |
Total non interest bearing cash at end of year | 2015-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2015-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $-338,772 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $9,710,282 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $10,049,054 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2015-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2015-12-31 | $0 |
Investment advisory and management fees | 2015-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $1,835,353 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $1,737,090 |
Value of interest in pooled separate accounts at end of year | 2015-12-31 | $755,348 |
Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $1,081,568 |
Interest on participant loans | 2015-12-31 | $13,282 |
Income. Interest from loans (other than to participants) | 2015-12-31 | $0 |
Interest earned on other investments | 2015-12-31 | $733 |
Income. Interest from US Government securities | 2015-12-31 | $0 |
Income. Interest from corporate debt instruments | 2015-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2015-12-31 | $6,718,050 |
Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $6,779,664 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $67,959 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $8,988 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2015-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-76,575 |
Net investment gain/loss from pooled separate accounts | 2015-12-31 | $8,961 |
Net investment gain or loss from common/collective trusts | 2015-12-31 | $-50,351 |
Net gain/loss from 103.12 investment entities | 2015-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $65,559 |
Employer contributions (assets) at end of year | 2015-12-31 | $268 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $509 |
Income. Dividends from preferred stock | 2015-12-31 | $0 |
Income. Dividends from common stock | 2015-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $1,383,626 |
Contract administrator fees | 2015-12-31 | $71,542 |
Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $0 |
Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Aggregate proceeds on sale of assets | 2015-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2015-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Adverse |
Accountancy firm name | 2015-12-31 | BOWERS, O'CONNOR AND BONOVICH |
Accountancy firm EIN | 2015-12-31 | 471217512 |
2014 : MAGNUSSEN DEALERSHIP GROUP 401(K) SAVINGS & RETIREMENT PLAN 2014 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2014-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
Total transfer of assets to this plan | 2014-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $1,240 |
Expenses. Interest paid | 2014-12-31 | $0 |
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2014-12-31 | $0 |
Total income from all sources (including contributions) | 2014-12-31 | $1,459,685 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $1,232,293 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $1,194,888 |
Expenses. Certain deemed distributions of participant loans | 2014-12-31 | $14,492 |
Value of total corrective distributions | 2014-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $882,513 |
Value of total assets at end of year | 2014-12-31 | $10,049,054 |
Value of total assets at beginning of year | 2014-12-31 | $9,822,902 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $22,913 |
Total income from rents | 2014-12-31 | $0 |
Total interest from all sources | 2014-12-31 | $19,058 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $19,108 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $19,108 |
Administrative expenses professional fees incurred | 2014-12-31 | $0 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $1,500,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2014-12-31 | $0 |
Contributions received from participants | 2014-12-31 | $801,930 |
Participant contributions at end of year | 2014-12-31 | $423,123 |
Participant contributions at beginning of year | 2014-12-31 | $452,916 |
Participant contributions at end of year | 2014-12-31 | $18,112 |
Participant contributions at beginning of year | 2014-12-31 | $1,592 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $21,376 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2014-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $1,240 |
Other income not declared elsewhere | 2014-12-31 | $-303 |
Administrative expenses (other) incurred | 2014-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $0 |
Total non interest bearing cash at end of year | 2014-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2014-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Income. Non cash contributions | 2014-12-31 | $0 |
Value of net income/loss | 2014-12-31 | $227,392 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $10,049,054 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $9,821,662 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2014-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2014-12-31 | $0 |
Investment advisory and management fees | 2014-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $1,737,090 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $9,368,203 |
Value of interest in pooled separate accounts at end of year | 2014-12-31 | $1,081,568 |
Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $0 |
Interest on participant loans | 2014-12-31 | $19,024 |
Income. Interest from loans (other than to participants) | 2014-12-31 | $0 |
Interest earned on other investments | 2014-12-31 | $34 |
Income. Interest from US Government securities | 2014-12-31 | $0 |
Income. Interest from corporate debt instruments | 2014-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2014-12-31 | $6,779,664 |
Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $8,988 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $0 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2014-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $279,203 |
Net investment gain/loss from pooled separate accounts | 2014-12-31 | $53,136 |
Net investment gain or loss from common/collective trusts | 2014-12-31 | $206,970 |
Net gain/loss from 103.12 investment entities | 2014-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Contributions received in cash from employer | 2014-12-31 | $59,207 |
Employer contributions (assets) at end of year | 2014-12-31 | $509 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $191 |
Income. Dividends from preferred stock | 2014-12-31 | $0 |
Income. Dividends from common stock | 2014-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $1,194,888 |
Contract administrator fees | 2014-12-31 | $22,913 |
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 | 2014-12-31 | Yes |
Liabilities. Value of benefit claims payable at beginning of year | 2014-12-31 | $0 |
Did the plan have assets held for investment | 2014-12-31 | 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 | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Aggregate proceeds on sale of assets | 2014-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2014-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | BOWERS, O'CONNOR & BONOVICH, LLP |
Accountancy firm EIN | 2014-12-31 | 471217512 |
2013 : MAGNUSSEN DEALERSHIP GROUP 401(K) SAVINGS & RETIREMENT PLAN 2013 401k financial data |
---|
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $1,240 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $1,407 |
Total income from all sources (including contributions) | 2013-12-31 | $2,378,665 |
Total of all expenses incurred | 2013-12-31 | $1,253,494 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $1,246,458 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $963,309 |
Value of total assets at end of year | 2013-12-31 | $9,822,902 |
Value of total assets at beginning of year | 2013-12-31 | $8,697,898 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $7,036 |
Total interest from all sources | 2013-12-31 | $18,830 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Administrative expenses professional fees incurred | 2013-12-31 | $7,036 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $806,358 |
Participant contributions at end of year | 2013-12-31 | $452,916 |
Participant contributions at beginning of year | 2013-12-31 | $471,937 |
Participant contributions at end of year | 2013-12-31 | $1,592 |
Participant contributions at beginning of year | 2013-12-31 | $657 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $98,866 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2013-12-31 | $1,240 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2013-12-31 | $1,407 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $1,125,171 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $9,821,662 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $8,696,491 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $9,368,203 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $8,225,154 |
Interest on participant loans | 2013-12-31 | $18,830 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $1,396,526 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $58,085 |
Employer contributions (assets) at end of year | 2013-12-31 | $191 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $150 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $1,246,458 |
Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | BOWERS, O'CONNOR & BONOVICH, LLP |
Accountancy firm EIN | 2013-12-31 | 471217512 |
2012 : MAGNUSSEN DEALERSHIP GROUP 401(K) SAVINGS & RETIREMENT PLAN 2012 401k financial data |
---|
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $1,407 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $183 |
Total income from all sources (including contributions) | 2012-12-31 | $1,982,508 |
Total of all expenses incurred | 2012-12-31 | $774,389 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $774,389 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $1,043,482 |
Value of total assets at end of year | 2012-12-31 | $8,697,898 |
Value of total assets at beginning of year | 2012-12-31 | $7,488,555 |
Total interest from all sources | 2012-12-31 | $18,221 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $740,692 |
Participant contributions at end of year | 2012-12-31 | $471,937 |
Participant contributions at beginning of year | 2012-12-31 | $430,311 |
Participant contributions at end of year | 2012-12-31 | $657 |
Participant contributions at beginning of year | 2012-12-31 | $32 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $244,436 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2012-12-31 | $1,407 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2012-12-31 | $183 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $1,208,119 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $8,696,491 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $7,488,372 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $8,225,154 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $7,057,138 |
Interest on participant loans | 2012-12-31 | $18,221 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $920,805 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $58,354 |
Employer contributions (assets) at end of year | 2012-12-31 | $150 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $1,074 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $774,389 |
Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | BONOVICH & ASSOCIATES CPAS |
Accountancy firm EIN | 2012-12-31 | 271526904 |
2011 : MAGNUSSEN DEALERSHIP GROUP 401(K) SAVINGS & RETIREMENT PLAN 2011 401k financial data |
---|
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $183 |
Total income from all sources (including contributions) | 2011-12-31 | $667,443 |
Total of all expenses incurred | 2011-12-31 | $767,137 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $767,137 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $829,917 |
Value of total assets at end of year | 2011-12-31 | $7,488,555 |
Value of total assets at beginning of year | 2011-12-31 | $7,588,066 |
Total interest from all sources | 2011-12-31 | $20,562 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
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 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $725,075 |
Participant contributions at end of year | 2011-12-31 | $430,311 |
Participant contributions at beginning of year | 2011-12-31 | $455,331 |
Participant contributions at end of year | 2011-12-31 | $32 |
Participant contributions at beginning of year | 2011-12-31 | $32 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $38,442 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2011-12-31 | $183 |
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 | $-99,694 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $7,488,372 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $7,588,066 |
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 | $7,057,138 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $7,132,679 |
Interest on participant loans | 2011-12-31 | $20,562 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-183,036 |
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 | $66,400 |
Employer contributions (assets) at end of year | 2011-12-31 | $1,074 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $24 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $767,137 |
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 | BONOVICH & ASSOCIATES, CPAS |
Accountancy firm EIN | 2011-12-31 | 271526904 |
2010 : MAGNUSSEN DEALERSHIP GROUP 401(K) SAVINGS & RETIREMENT PLAN 2010 401k financial data |
---|
Total income from all sources (including contributions) | 2010-12-31 | $1,495,064 |
Total of all expenses incurred | 2010-12-31 | $413,574 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $413,574 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $750,710 |
Value of total assets at end of year | 2010-12-31 | $7,588,066 |
Value of total assets at beginning of year | 2010-12-31 | $6,506,576 |
Total interest from all sources | 2010-12-31 | $19,806 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
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 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $689,092 |
Participant contributions at end of year | 2010-12-31 | $455,331 |
Participant contributions at beginning of year | 2010-12-31 | $345,742 |
Participant contributions at end of year | 2010-12-31 | $32 |
Participant contributions at beginning of year | 2010-12-31 | $9,433 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $0 |
Other income not declared elsewhere | 2010-12-31 | $6,980 |
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 | $1,081,490 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $7,588,066 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $6,506,576 |
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 | $7,132,679 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $754,755 |
Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $4,485,853 |
Interest on participant loans | 2010-12-31 | $19,806 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $910,474 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $717,568 |
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 | $61,618 |
Employer contributions (assets) at end of year | 2010-12-31 | $24 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $319 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $413,574 |
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 | Yes |
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 | LEIGHTON & BONOVICH CPAS |
Accountancy firm EIN | 2010-12-31 | 271526904 |
2009 : MAGNUSSEN DEALERSHIP GROUP 401(K) SAVINGS & RETIREMENT PLAN 2009 401k financial data |
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Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |