401k Plan data: AARONM 2020, INC. & RNM 2020, INC. 401(K) RETIREMENT PLAN plan

AARONM 2020, INC. & RNM 2020, INC. 401(K) RETIREMENT PLAN 401k Plan overview

Plan Name	AARONM 2020, INC. & RNM 2020, INC. 401(K) RETIREMENT PLAN
Plan identification number	001

AARONM 2020, INC. & RNM 2020, INC. 401(K) RETIREMENT PLAN Benefits

401k Plan Type

Defined 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.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

AARONM 2020, INC. has sponsored the creation of one or more 401k plans.

Company Name: AARONM 2020, INC.

Employer identification number (EIN): 845065630

NAIC Classification: 441110
NAIC Description: New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AARONM 2020, INC. & RNM 2020, INC. 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-06-01 VIKAS MEHANDROO 2023-09-19 VIKAS MEHANDROO 2023-09-19

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01
001	2022-06-01	VIKAS MEHANDROO	2023-09-19	VIKAS MEHANDROO	2023-09-19

Financial Data on AARONM 2020, INC. & RNM 2020, INC. 401(K) RETIREMENT PLAN

Measure	Date	Value
2024 : AARONM 2020, INC. & RNM 2020, INC. 401(K) RETIREMENT PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year	2024-10-15	0
Total expenses incurred by plan in this plan year	2024-10-15	5011
Net assets as of the end of the plan year	2024-10-15	455558
Total assets as of the beginning of the plan year	2024-10-15	66386
Participant contributions to plan in this plan year	2024-10-15	99890
Other contributions to plan in this plan year	2024-10-15	253642
Other income to plan in this plan year	2024-10-15	40651
Plan net income in this plan year	2024-10-15	389172
Net assets as of the end of the plan year	2024-10-15	455558
Net assets as of the beginning of the plan year	2024-10-15	66386
Employer contributions to plan in this plan year	2024-10-15	0
Fees paid to broker by Benefit Provider	2024-10-15	6483
Expensese paid to adminstrative service provicers from plan in this plan year	2024-10-15	5011

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Company Name:	AARONM 2020, INC.
Employer identification number (EIN):	845065630
NAIC Classification:	441110
NAIC Description:	New Car Dealers