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DAVE SMITH MOTORS, INC. 401(K) PLAN 401k Plan overview

Plan NameDAVE SMITH MOTORS, INC. 401(K) PLAN
Plan identification number 001

DAVE SMITH MOTORS, INC. 401(K) PLAN Benefits

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

401k Sponsoring company profile

DAVE SMITH MOTORS has sponsored the creation of one or more 401k plans.

Company Name:DAVE SMITH MOTORS
Employer identification number (EIN):820251824
NAIC Classification:441110
NAIC Description:New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DAVE SMITH MOTORS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-01-01
0012015-01-01
0012014-01-01BONNIE GUNDERSON
0012013-01-01BONNIE GUNDERSON
0012012-01-01BONNIE GUNDERSON
0012011-01-01BONNIE GUNDERSON
0012009-01-01MICHELLE DAHL

Plan Statistics for DAVE SMITH MOTORS, INC. 401(K) PLAN

401k plan membership statisitcs for DAVE SMITH MOTORS, INC. 401(K) PLAN

Measure Date Value
2016: DAVE SMITH MOTORS, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01473
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-010
Number of participants with account balances2016-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-011
2015: DAVE SMITH MOTORS, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01470
Total number of active participants reported on line 7a of the Form 55002015-01-01422
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0151
Total of all active and inactive participants2015-01-01473
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01473
Number of participants with account balances2015-01-01245
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-012
2014: DAVE SMITH MOTORS, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01433
Total number of active participants reported on line 7a of the Form 55002014-01-01381
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0140
Total of all active and inactive participants2014-01-01421
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01421
Number of participants with account balances2014-01-01230
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-012
2013: DAVE SMITH MOTORS, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01427
Total number of active participants reported on line 7a of the Form 55002013-01-01337
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0143
Total of all active and inactive participants2013-01-01380
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01380
Number of participants with account balances2013-01-01222
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-015
2012: DAVE SMITH MOTORS, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01391
Total number of active participants reported on line 7a of the Form 55002012-01-01314
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0149
Total of all active and inactive participants2012-01-01363
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01363
Number of participants with account balances2012-01-01246
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0117
2011: DAVE SMITH MOTORS, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01352
Total number of active participants reported on line 7a of the Form 55002011-01-01287
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0160
Total of all active and inactive participants2011-01-01347
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01347
Number of participants with account balances2011-01-01209
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-015
2009: DAVE SMITH MOTORS, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01321
Total number of active participants reported on line 7a of the Form 55002009-01-01250
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0133
Total of all active and inactive participants2009-01-01283
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01283
Number of participants with account balances2009-01-01140
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0113

Financial Data on DAVE SMITH MOTORS, INC. 401(K) PLAN

Measure Date Value
2016 : DAVE SMITH MOTORS, INC. 401(K) PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$-84,579
Total unrealized appreciation/depreciation of assets2016-12-31$-84,579
Total transfer of assets from this plan2016-12-31$8,496,722
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$2,266
Total income from all sources (including contributions)2016-12-31$1,413,469
Total loss/gain on sale of assets2016-12-31$95,638
Total of all expenses incurred2016-12-31$432,129
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$421,283
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$697,815
Value of total assets at end of year2016-12-31$0
Value of total assets at beginning of year2016-12-31$7,517,648
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$10,846
Total interest from all sources2016-12-31$2,294
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$370,859
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$370,521
Administrative expenses professional fees incurred2016-12-31$3,277
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$635,775
Participant contributions at end of year2016-12-31$0
Participant contributions at beginning of year2016-12-31$62,338
Participant contributions at end of year2016-12-31$0
Participant contributions at beginning of year2016-12-31$667
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$43,286
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$309
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$1,223
Other income not declared elsewhere2016-12-31$4,892
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Income. Non cash contributions2016-12-31$0
Value of net income/loss2016-12-31$981,340
Value of net assets at end of year (total assets less liabilities)2016-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$7,515,382
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$7,569
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$6,968,377
Interest on participant loans2016-12-31$2,294
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$368,315
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$368,315
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$326,550
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$18,754
Employer contributions (assets) at end of year2016-12-31$0
Employer contributions (assets) at beginning of year2016-12-31$22,290
Income. Dividends from preferred stock2016-12-31$0
Income. Dividends from common stock2016-12-31$338
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$421,283
Assets. Corporate common stocks other than exployer securities at end of year2016-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$95,352
Liabilities. Value of benefit claims payable at end of year2016-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$1,043
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31Yes
Aggregate proceeds on sale of assets2016-12-31$107,889
Aggregate carrying amount (costs) on sale of assets2016-12-31$12,251
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31CHATTERS METZGER AND CO., PLLC
Accountancy firm EIN2016-12-31273657455
2015 : DAVE SMITH MOTORS, INC. 401(K) PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$13,179
Total unrealized appreciation/depreciation of assets2015-12-31$13,179
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$2,266
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$5,071
Total income from all sources (including contributions)2015-12-31$785,855
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$489,017
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$480,119
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$698,366
Value of total assets at end of year2015-12-31$7,517,648
Value of total assets at beginning of year2015-12-31$7,223,615
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$8,898
Total interest from all sources2015-12-31$3,233
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$439,777
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$439,678
Administrative expenses professional fees incurred2015-12-31$2,846
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$676,076
Participant contributions at end of year2015-12-31$62,338
Participant contributions at beginning of year2015-12-31$88,157
Participant contributions at end of year2015-12-31$667
Participant contributions at beginning of year2015-12-31$801
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$309
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$171
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$1,223
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$2,016
Other income not declared elsewhere2015-12-31$91
Administrative expenses (other) incurred2015-12-31$69
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$296,838
Value of net assets at end of year (total assets less liabilities)2015-12-31$7,515,382
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$7,218,544
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$5,983
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$6,968,377
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$6,367,067
Interest on participant loans2015-12-31$3,233
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$368,315
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$681,976
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$681,976
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-368,791
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$22,290
Employer contributions (assets) at end of year2015-12-31$22,290
Employer contributions (assets) at beginning of year2015-12-31$3,368
Income. Dividends from common stock2015-12-31$99
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$480,119
Assets. Corporate common stocks other than exployer securities at end of year2015-12-31$95,352
Assets. Corporate common stocks other than exployer securities at beginning of year2015-12-31$82,075
Liabilities. Value of benefit claims payable at end of year2015-12-31$1,043
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$3,055
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31CHATTERS METZGER AND CO., PLLC
Accountancy firm EIN2015-12-31273657455
2014 : DAVE SMITH MOTORS, INC. 401(K) PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$1,314
Total unrealized appreciation/depreciation of assets2014-12-31$1,314
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$5,071
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$1,760
Total income from all sources (including contributions)2014-12-31$1,063,746
Total loss/gain on sale of assets2014-12-31$-935
Total of all expenses incurred2014-12-31$62,767
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$56,255
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$605,762
Value of total assets at end of year2014-12-31$7,223,615
Value of total assets at beginning of year2014-12-31$6,219,325
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$6,512
Total interest from all sources2014-12-31$2,299
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$429,362
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$429,362
Administrative expenses professional fees incurred2014-12-31$700
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$552,108
Participant contributions at end of year2014-12-31$88,157
Participant contributions at beginning of year2014-12-31$49,268
Participant contributions at end of year2014-12-31$801
Participant contributions at beginning of year2014-12-31$1,088
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$50,286
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$171
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$2,016
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$1,760
Administrative expenses (other) incurred2014-12-31$254
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$1,000,979
Value of net assets at end of year (total assets less liabilities)2014-12-31$7,218,544
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$6,217,565
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$5,558
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$6,367,067
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$5,424,364
Interest on participant loans2014-12-31$2,299
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$681,976
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$658,728
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$658,728
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$25,944
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$3,368
Employer contributions (assets) at end of year2014-12-31$3,368
Employer contributions (assets) at beginning of year2014-12-31$4,270
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$56,255
Assets. Corporate common stocks other than exployer securities at end of year2014-12-31$82,075
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$81,607
Liabilities. Value of benefit claims payable at end of year2014-12-31$3,055
Liabilities. Value of benefit claims payable at beginning of year2014-12-31$0
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$85
Aggregate carrying amount (costs) on sale of assets2014-12-31$1,020
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31RR CHATTERS AND COMPANY
Accountancy firm EIN2014-12-31273657455
2013 : DAVE SMITH MOTORS, INC. 401(K) PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$14,696
Total unrealized appreciation/depreciation of assets2013-12-31$14,696
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$1,760
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$3,527
Total income from all sources (including contributions)2013-12-31$1,644,453
Total loss/gain on sale of assets2013-12-31$-597
Total of all expenses incurred2013-12-31$319,753
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$314,449
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$481,324
Value of total assets at end of year2013-12-31$6,219,325
Value of total assets at beginning of year2013-12-31$4,896,392
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$5,304
Total interest from all sources2013-12-31$198
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$246,189
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$246,189
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$477,054
Participant contributions at end of year2013-12-31$49,268
Participant contributions at beginning of year2013-12-31$0
Participant contributions at end of year2013-12-31$1,088
Participant contributions at beginning of year2013-12-31$6,348
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$1,760
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$3,527
Administrative expenses (other) incurred2013-12-31$246
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$1,324,700
Value of net assets at end of year (total assets less liabilities)2013-12-31$6,217,565
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$4,892,865
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$5,058
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$5,424,364
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$3,902,147
Interest on participant loans2013-12-31$198
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$658,728
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$918,017
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$918,017
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$902,643
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$4,270
Employer contributions (assets) at end of year2013-12-31$4,270
Employer contributions (assets) at beginning of year2013-12-31$2,013
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$314,449
Assets. Corporate common stocks other than exployer securities at end of year2013-12-31$81,607
Assets. Corporate common stocks other than exployer securities at beginning of year2013-12-31$67,867
Liabilities. Value of benefit claims payable at end of year2013-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2013-12-31$0
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$528
Aggregate carrying amount (costs) on sale of assets2013-12-31$1,125
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31RR CHATTERS AND COMPANY
Accountancy firm EIN2013-12-31273657455
2012 : DAVE SMITH MOTORS, INC. 401(K) PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$8,240
Total unrealized appreciation/depreciation of assets2012-12-31$8,240
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$3,527
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$1,159
Total income from all sources (including contributions)2012-12-31$1,017,850
Total loss/gain on sale of assets2012-12-31$16,753
Total of all expenses incurred2012-12-31$146,550
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$139,868
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$430,195
Value of total assets at end of year2012-12-31$4,896,392
Value of total assets at beginning of year2012-12-31$4,022,724
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$6,682
Total interest from all sources2012-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$86,037
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$84,834
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$428,182
Participant contributions at end of year2012-12-31$6,348
Participant contributions at beginning of year2012-12-31$835
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$3,527
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$182
Administrative expenses (other) incurred2012-12-31$2,471
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$871,300
Value of net assets at end of year (total assets less liabilities)2012-12-31$4,892,865
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$4,021,565
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$4,211
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$3,902,147
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$3,128,935
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$918,017
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$802,420
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$802,420
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$476,625
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$2,013
Employer contributions (assets) at end of year2012-12-31$2,013
Employer contributions (assets) at beginning of year2012-12-31$27,835
Income. Dividends from common stock2012-12-31$1,203
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$139,868
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$67,867
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$62,699
Liabilities. Value of benefit claims payable at end of year2012-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2012-12-31$977
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Aggregate proceeds on sale of assets2012-12-31$44,105
Aggregate carrying amount (costs) on sale of assets2012-12-31$27,352
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31RR CHATTERS AND COMPANY
Accountancy firm EIN2012-12-31273657455
2011 : DAVE SMITH MOTORS, INC. 401(K) PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-22,119
Total unrealized appreciation/depreciation of assets2011-12-31$-22,119
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$1,159
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$977
Total income from all sources (including contributions)2011-12-31$292,402
Total loss/gain on sale of assets2011-12-31$25,880
Total of all expenses incurred2011-12-31$391,017
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$387,673
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$378,641
Value of total assets at end of year2011-12-31$4,022,724
Value of total assets at beginning of year2011-12-31$4,121,157
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$3,344
Total interest from all sources2011-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$59,046
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$59,046
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$336,319
Participant contributions at end of year2011-12-31$835
Participant contributions at beginning of year2011-12-31$84
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$14,487
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$182
Other income not declared elsewhere2011-12-31$-559
Administrative expenses (other) incurred2011-12-31$179
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-98,615
Value of net assets at end of year (total assets less liabilities)2011-12-31$4,021,565
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$4,120,180
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$3,165
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$3,128,935
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$3,546,646
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$802,420
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$474,041
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$474,041
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-148,487
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$27,835
Employer contributions (assets) at end of year2011-12-31$27,835
Employer contributions (assets) at beginning of year2011-12-31$10,047
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$387,673
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$62,699
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$90,339
Liabilities. Value of benefit claims payable at end of year2011-12-31$977
Liabilities. Value of benefit claims payable at beginning of year2011-12-31$977
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$34,654
Aggregate carrying amount (costs) on sale of assets2011-12-31$8,774
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31RR CHATTERS AND COMPANY
Accountancy firm EIN2011-12-31273657455
2010 : DAVE SMITH MOTORS, INC. 401(K) PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$28,576
Total unrealized appreciation/depreciation of assets2010-12-31$28,576
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$977
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$1,148
Total income from all sources (including contributions)2010-12-31$693,392
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$221,850
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$218,480
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$280,614
Value of total assets at end of year2010-12-31$4,121,157
Value of total assets at beginning of year2010-12-31$3,649,786
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$3,370
Total interest from all sources2010-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$63,934
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$63,934
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$249,274
Participant contributions at end of year2010-12-31$84
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$21,293
Administrative expenses (other) incurred2010-12-31$3,370
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$471,542
Value of net assets at end of year (total assets less liabilities)2010-12-31$4,120,180
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$3,648,638
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$3,546,646
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$3,147,229
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$474,041
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$440,795
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$440,795
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$320,268
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$10,047
Employer contributions (assets) at end of year2010-12-31$10,047
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$218,480
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$90,339
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$61,762
Liabilities. Value of benefit claims payable at end of year2010-12-31$977
Liabilities. Value of benefit claims payable at beginning of year2010-12-31$1,148
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31RR CHATTERS AND COMPANY
Accountancy firm EIN2010-12-31273657455
2009 : DAVE SMITH MOTORS, INC. 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for DAVE SMITH MOTORS, INC. 401(K) PLAN

2016: DAVE SMITH MOTORS, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entityMulitple employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingYes
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: DAVE SMITH MOTORS, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entityMulitple employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: DAVE SMITH MOTORS, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entityMulitple employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: DAVE SMITH MOTORS, INC. 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entityMulitple employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: DAVE SMITH MOTORS, INC. 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entityMulitple employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: DAVE SMITH MOTORS, INC. 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: DAVE SMITH MOTORS, INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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