UTAH AUTOMOBILE DEALERS ASSOCIATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan UTAH AUTOMOBILE DEALERS ASSOCIATION INSURANCE TRUST
| Measure | Date | Value |
|---|
| 2023 : UTAH AUTOMOBILE DEALERS ASSOCIATION INSURANCE TRUST 2023 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-12-31 | $153,806 |
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $153,806 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $553,078 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $610,855 |
| Total income from all sources (including contributions) | 2023-12-31 | $7,512,214 |
| Total of all expenses incurred | 2023-12-31 | $7,596,500 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $7,432,558 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $7,078,020 |
| Value of total assets at end of year | 2023-12-31 | $1,853,949 |
| Value of total assets at beginning of year | 2023-12-31 | $1,996,012 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $163,942 |
| Total interest from all sources | 2023-12-31 | $1,614 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $35,593 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $35,593 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $2,208,342 |
| Assets. Other investments not covered elsewhere at end of year | 2023-12-31 | $1,437 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-12-31 | $1,437 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $38,614 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $22,812 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-12-31 | $544,450 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-12-31 | $598,643 |
| Other income not declared elsewhere | 2023-12-31 | $243,181 |
| Administrative expenses (other) incurred | 2023-12-31 | $85,620 |
| Liabilities. Value of operating payables at end of year | 2023-12-31 | $8,628 |
| Liabilities. Value of operating payables at beginning of year | 2023-12-31 | $12,212 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $-84,286 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $1,300,871 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $1,385,157 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $19,447 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $1,222,257 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $1,273,646 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $591,641 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $698,117 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $698,117 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $1,614 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-12-31 | $7,432,558 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $4,869,678 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | LARSON & COMPANY, PC |
| Accountancy firm EIN | 2023-12-31 | 870516083 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-01-01 | $153,806 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $153,806 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $553,078 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $610,855 |
| Total income from all sources (including contributions) | 2023-01-01 | $7,512,214 |
| Total of all expenses incurred | 2023-01-01 | $7,596,500 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $7,432,558 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $7,078,020 |
| Value of total assets at end of year | 2023-01-01 | $1,853,949 |
| Value of total assets at beginning of year | 2023-01-01 | $1,996,012 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $163,942 |
| Total interest from all sources | 2023-01-01 | $1,614 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $35,593 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $35,593 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $2,208,342 |
| Assets. Other investments not covered elsewhere at end of year | 2023-01-01 | $1,437 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-01-01 | $1,437 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $38,614 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $22,812 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-01-01 | $544,450 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-01-01 | $598,643 |
| Other income not declared elsewhere | 2023-01-01 | $243,181 |
| Administrative expenses (other) incurred | 2023-01-01 | $85,620 |
| Liabilities. Value of operating payables at end of year | 2023-01-01 | $8,628 |
| Liabilities. Value of operating payables at beginning of year | 2023-01-01 | $12,212 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $-84,286 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $1,300,871 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $1,385,157 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $19,447 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $1,222,257 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $1,273,646 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $591,641 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-01-01 | $1,614 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-01-01 | $7,432,558 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $4,869,678 |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | LARSON & COMPANY, PC |
| Accountancy firm EIN | 2023-01-01 | 870516083 |
| 2022 : UTAH AUTOMOBILE DEALERS ASSOCIATION INSURANCE TRUST 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-243,228 |
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-243,228 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $610,855 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $654,711 |
| Total income from all sources (including contributions) | 2022-12-31 | $7,943,642 |
| Total of all expenses incurred | 2022-12-31 | $8,522,588 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $8,369,468 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $7,870,637 |
| Value of total assets at end of year | 2022-12-31 | $1,996,012 |
| Value of total assets at beginning of year | 2022-12-31 | $2,618,814 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $153,120 |
| Total interest from all sources | 2022-12-31 | $1,204 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $25,505 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $25,505 |
| Administrative expenses professional fees incurred | 2022-12-31 | $55,097 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $2,455,639 |
| Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $1,437 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $2,048 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $22,812 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $23,332 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $598,643 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $641,688 |
| Other income not declared elsewhere | 2022-12-31 | $289,524 |
| Administrative expenses (other) incurred | 2022-12-31 | $86,674 |
| Liabilities. Value of operating payables at end of year | 2022-12-31 | $12,212 |
| Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $13,023 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-578,946 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $1,385,157 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $1,964,103 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $11,349 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $1,273,646 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $1,487,320 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $698,117 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $1,106,114 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $1,106,114 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $1,204 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $8,369,468 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $5,414,998 |
| Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | LARSON & COMPANY, PC |
| Accountancy firm EIN | 2022-12-31 | 870516083 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-01-01 | $-243,228 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $-243,228 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $610,855 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $654,711 |
| Total income from all sources (including contributions) | 2022-01-01 | $7,943,642 |
| Total of all expenses incurred | 2022-01-01 | $8,522,588 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $8,369,468 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $7,870,637 |
| Value of total assets at end of year | 2022-01-01 | $1,996,012 |
| Value of total assets at beginning of year | 2022-01-01 | $2,618,814 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $153,120 |
| Total interest from all sources | 2022-01-01 | $1,204 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $25,505 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $25,505 |
| Administrative expenses professional fees incurred | 2022-01-01 | $55,097 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $2,455,639 |
| Assets. Other investments not covered elsewhere at end of year | 2022-01-01 | $1,437 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-01-01 | $2,048 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-01-01 | $22,812 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-01-01 | $23,332 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-01-01 | $598,643 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-01-01 | $641,688 |
| Other income not declared elsewhere | 2022-01-01 | $289,524 |
| Administrative expenses (other) incurred | 2022-01-01 | $86,674 |
| Liabilities. Value of operating payables at end of year | 2022-01-01 | $12,212 |
| Liabilities. Value of operating payables at beginning of year | 2022-01-01 | $13,023 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-578,946 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $1,385,157 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $1,964,103 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Investment advisory and management fees | 2022-01-01 | $11,349 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $1,273,646 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $1,487,320 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $698,117 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $1,204 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-01-01 | $8,369,468 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $5,414,998 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | LARSON & COMPANY, PC |
| Accountancy firm EIN | 2022-01-01 | 870516083 |
