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FOUNDATION AUTOMOTIVE CORPORATION 401k Plan overview

Plan NameFOUNDATION AUTOMOTIVE CORPORATION
Plan identification number 503

FOUNDATION AUTOMOTIVE CORPORATION Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Vision
  • Temporary disability (accident and sickness)

401k Sponsoring company profile

FOUNDATION AUTO HOLDINGS, LLC has sponsored the creation of one or more 401k plans.

Company Name:FOUNDATION AUTO HOLDINGS, LLC
Employer identification number (EIN):832636394
NAIC Classification:441300
NAIC Description: Automotive Parts, Accessories, and Tire Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FOUNDATION AUTOMOTIVE CORPORATION

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5032021-07-01NATALIA OATES2022-12-13
5032021-07-01NATALIA OATES2023-09-25
5032020-07-01NATALIA OATES2022-01-10

Plan Statistics for FOUNDATION AUTOMOTIVE CORPORATION

401k plan membership statisitcs for FOUNDATION AUTOMOTIVE CORPORATION

Measure Date Value
2021: FOUNDATION AUTOMOTIVE CORPORATION 2021 401k membership
Total participants, beginning-of-year2021-07-01111
Total number of active participants reported on line 7a of the Form 55002021-07-01194
Number of retired or separated participants receiving benefits2021-07-010
Number of other retired or separated participants entitled to future benefits2021-07-010
Total of all active and inactive participants2021-07-01194
Number of employers contributing to the scheme2021-07-010
2020: FOUNDATION AUTOMOTIVE CORPORATION 2020 401k membership
Total participants, beginning-of-year2020-07-01100
Total number of active participants reported on line 7a of the Form 55002020-07-01111
Number of retired or separated participants receiving benefits2020-07-010
Number of other retired or separated participants entitled to future benefits2020-07-010
Total of all active and inactive participants2020-07-01111
Number of employers contributing to the scheme2020-07-010

Form 5500 Responses for FOUNDATION AUTOMOTIVE CORPORATION

2021: FOUNDATION AUTOMOTIVE CORPORATION 2021 form 5500 responses
2021-07-01Type of plan entitySingle employer plan
2021-07-01Submission has been amendedYes
2021-07-01This submission is the final filingYes
2021-07-01Plan funding arrangement – InsuranceYes
2021-07-01Plan benefit arrangement – InsuranceYes
2020: FOUNDATION AUTOMOTIVE CORPORATION 2020 form 5500 responses
2020-07-01Type of plan entitySingle employer plan
2020-07-01First time form 5500 has been submittedYes
2020-07-01Plan funding arrangement – InsuranceYes
2020-07-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number529645
Policy instance 1
Insurance contract or identification number529645
Number of Individuals Covered194
Insurance policy start date2021-07-01
Insurance policy end date2022-06-30
Total amount of commissions paid to insurance brokerUSD $11,389
Total amount of fees paid to insurance companyUSD $1,255
Vision Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENT, CRITICAL ILLNESS, HOSPITAL, CANCER
Welfare Benefit Premiums Paid to CarrierUSD $59,400
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $11,389
Amount paid for insurance broker fees1255
Additional information about fees paid to insurance brokerFEES
Insurance broker organization code?3
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number529645
Policy instance 1
Insurance contract or identification number529645
Number of Individuals Covered111
Insurance policy start date2020-07-01
Insurance policy end date2021-06-30
Total amount of commissions paid to insurance brokerUSD $16,104
Total amount of fees paid to insurance companyUSD $598
Vision Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENT, CRITICAL ILLNESS, HOSPITAL, CANCER
Welfare Benefit Premiums Paid to CarrierUSD $39,336
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $16,104
Amount paid for insurance broker fees598
Additional information about fees paid to insurance brokerFEES
Insurance broker organization code?3

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