| Plan Name | CHACON AUTOS, LTD. 401(K) PLAN |
| Plan identification number | 001 |
| 401k Plan Type | Defined Contribution Pension |
| Plan Features/Benefits |
|
| Company Name: | CHACON AUTOS, LTD. |
| Employer identification number (EIN): | 752439544 |
| NAIC Classification: | 441120 |
| NAIC Description: | Used Car Dealers |
Additional information about CHACON AUTOS, LTD.
| Jurisdiction of Incorporation: | Texas Secretary of State |
| Incorporation Date: | 1992-08-25 |
| Company Identification Number: | 0006505510 |
| Legal Registered Office Address: |
11800 E NORTHWEST HWY DALLAS United States of America (USA) 75218 |
More information about CHACON AUTOS, LTD.
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|---|---|---|---|---|
| 001 | 2015-01-01 | CHAD LANCASTER | CHAD LANCASTER | 2016-10-14 | |
| 001 | 2014-01-01 | CHAD LANCASTER | CHAD LANCASTER | 2015-10-27 | |
| 001 | 2013-01-01 | ROCK MUSICK | ROCK MUSICK | 2014-09-16 | |
| 001 | 2012-08-01 | ROCK MUSICK | ROCK MUSICK | 2013-07-24 |
| Measure | Date | Value |
|---|---|---|
| 2015 : CHACON AUTOS, LTD. 401(K) PLAN 2015 401k financial data | ||
| Total income from all sources (including contributions) | 2015-12-31 | $61,676 |
| Total of all expenses incurred | 2015-12-31 | $255,285 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $253,642 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $66,981 |
| Value of total assets at end of year | 2015-12-31 | $0 |
| Value of total assets at beginning of year | 2015-12-31 | $193,609 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $1,643 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2015-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $25,000 |
| 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 |
| Contributions received from participants | 2015-12-31 | $66,981 |
| Administrative expenses (other) incurred | 2015-12-31 | $8 |
| 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 | $-193,609 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $193,609 |
| 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 |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $193,609 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-5,305 |
| 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 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $253,642 |
| Contract administrator fees | 2015-12-31 | $1,635 |
| Did the plan have assets held for investment | 2015-12-31 | 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 | 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 | Yes |
| 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 | Disclaimer |
| Accountancy firm name | 2015-12-31 | WHITLEY PENN LLP |
| Accountancy firm EIN | 2015-12-31 | 752393478 |
| 2014 : CHACON AUTOS, LTD. 401(K) PLAN 2014 401k financial data | ||
| Total income from all sources (including contributions) | 2014-12-31 | $81,644 |
| Total of all expenses incurred | 2014-12-31 | $19,309 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $17,988 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $74,521 |
| Value of total assets at end of year | 2014-12-31 | $193,609 |
| Value of total assets at beginning of year | 2014-12-31 | $131,274 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $1,321 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $25,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Contributions received from participants | 2014-12-31 | $74,521 |
| 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 |
| Value of net income/loss | 2014-12-31 | $62,335 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $193,609 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $131,274 |
| 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 |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $193,609 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $131,274 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $7,123 |
| 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 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $17,988 |
| Contract administrator fees | 2014-12-31 | $1,321 |
| 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 |
| 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 | WHITLEY PENN, LLP |
| Accountancy firm EIN | 2014-12-31 | 752393478 |
| 2013 : CHACON AUTOS, LTD. 401(K) PLAN 2013 401k financial data | ||
| Total income from all sources (including contributions) | 2013-12-31 | $95,479 |
| Total of all expenses incurred | 2013-12-31 | $1,514 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $840 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $81,627 |
| Value of total assets at end of year | 2013-12-31 | $131,274 |
| Value of total assets at beginning of year | 2013-12-31 | $37,309 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $674 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $10,000 |
| 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 | $81,627 |
| Administrative expenses (other) incurred | 2013-12-31 | $674 |
| 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 | $93,965 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $131,274 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $37,309 |
| 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 pooled separate accounts at end of year | 2013-12-31 | $131,274 |
| Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $37,309 |
| Net investment gain/loss from pooled separate accounts | 2013-12-31 | $13,852 |
| 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 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $840 |
| 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 | MALNORY MCNEAL & CO. |
| Accountancy firm EIN | 2013-12-31 | 752510320 |
| 2012 : CHACON AUTOS, LTD. 401(K) PLAN 2012 401k financial data | ||
| Total income from all sources (including contributions) | 2012-12-31 | $37,362 |
| Total of all expenses incurred | 2012-12-31 | $53 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $36,540 |
| Value of total assets at end of year | 2012-12-31 | $37,309 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $53 |
| 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 | $10,000 |
| 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 | $36,540 |
| 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 | $37,309 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $37,309 |
| 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 | $37,309 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $822 |
| 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 |
| Contract administrator fees | 2012-12-31 | $53 |
| 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 |
| 2015: CHACON AUTOS, LTD. 401(K) PLAN 2015 form 5500 responses | ||
|---|---|---|
| 2015-01-01 | Type of plan entity | Single employer plan |
| 2015-01-01 | Submission has been amended | No |
| 2015-01-01 | This submission is the final filing | Yes |
| 2015-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2015-01-01 | Plan is a collectively bargained plan | No |
| 2015-01-01 | Plan funding arrangement – Insurance | Yes |
| 2015-01-01 | Plan funding arrangement – Trust | Yes |
| 2015-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2015-01-01 | Plan benefit arrangement - Trust | Yes |
| 2014: CHACON AUTOS, LTD. 401(K) PLAN 2014 form 5500 responses | ||
| 2014-01-01 | Type of plan entity | Single employer plan |
| 2014-01-01 | Submission has been amended | No |
| 2014-01-01 | This submission is the final filing | No |
| 2014-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2014-01-01 | Plan is a collectively bargained plan | No |
| 2014-01-01 | Plan funding arrangement – Insurance | Yes |
| 2014-01-01 | Plan funding arrangement – Trust | Yes |
| 2014-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2014-01-01 | Plan benefit arrangement - Trust | Yes |
| 2013: CHACON AUTOS, LTD. 401(K) PLAN 2013 form 5500 responses | ||
| 2013-01-01 | Type of plan entity | Single employer plan |
| 2013-01-01 | Submission has been amended | No |
| 2013-01-01 | This submission is the final filing | No |
| 2013-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2013-01-01 | Plan is a collectively bargained plan | No |
| 2013-01-01 | Plan funding arrangement – Insurance | Yes |
| 2013-01-01 | Plan funding arrangement – Trust | Yes |
| 2013-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2013-01-01 | Plan benefit arrangement - Trust | Yes |
| 2012: CHACON AUTOS, LTD. 401(K) PLAN 2012 form 5500 responses | ||
| 2012-08-01 | Type of plan entity | Single employer plan |
| 2012-08-01 | First time form 5500 has been submitted | Yes |
| 2012-08-01 | Submission has been amended | No |
| 2012-08-01 | This submission is the final filing | No |
| 2012-08-01 | This return/report is a short plan year return/report (less than 12 months) | Yes |
| 2012-08-01 | Plan is a collectively bargained plan | No |
| 2012-08-01 | Plan funding arrangement – Insurance | Yes |
| 2012-08-01 | Plan funding arrangement – Trust | Yes |
| 2012-08-01 | Plan benefit arrangement – Insurance | Yes |
| 2012-08-01 | Plan benefit arrangement - Trust | Yes |