401k Plan data: SHARON AUTO BODY, INC RETIREMENT PLAN plan

SHARON AUTO BODY, INC RETIREMENT PLAN 401k Plan overview

Plan Name	SHARON AUTO BODY, INC RETIREMENT PLAN
Plan identification number	001

SHARON AUTO BODY, INC RETIREMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
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

SHARON AUTO BODY, INC. has sponsored the creation of one or more 401k plans.

Company Name: SHARON AUTO BODY, INC.

Employer identification number (EIN): 060946151

NAIC Classification: 811120
NAIC Description: Automotive Body, Paint, Interior, and Glass Repair

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SHARON AUTO BODY, INC RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 JAMES A. YOUNG 2024-03-28
001 2022-01-01 JAMES A. YOUNG 2023-10-03
001 2021-01-01 JAMES A. YOUNG 2022-09-22
001 2020-01-01 JAMES A. YOUNG 2021-05-24
001 2019-01-01 JAMES A. YOUNG 2020-04-09
001 2018-01-01 JAMES A. YOUNG 2019-05-08
001 2017-01-01 JAMES A. YOUNG 2018-06-14
001 2016-01-01 JAMES A. YOUNG 2017-04-10
001 2015-01-01 JAMES A. YOUNG 2016-08-19
001 2014-01-01 JAMES A. YOUNG
001 2013-01-01 JAMES A. YOUNG
001 2012-01-01 ROGER ELWOOD
001 2011-01-01 ROGER ELWOOD
001 2009-01-01 ROGER ELWOOD

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2023-01-01	JAMES A. YOUNG	2024-03-28
001	2022-01-01	JAMES A. YOUNG	2023-10-03
001	2021-01-01	JAMES A. YOUNG	2022-09-22
001	2020-01-01	JAMES A. YOUNG	2021-05-24
001	2019-01-01	JAMES A. YOUNG	2020-04-09
001	2018-01-01	JAMES A. YOUNG	2019-05-08
001	2017-01-01	JAMES A. YOUNG	2018-06-14
001	2016-01-01	JAMES A. YOUNG	2017-04-10
001	2015-01-01	JAMES A. YOUNG	2016-08-19
001	2014-01-01	JAMES A. YOUNG
001	2013-01-01	JAMES A. YOUNG
001	2012-01-01	ROGER ELWOOD
001	2011-01-01	ROGER ELWOOD
001	2009-01-01	ROGER ELWOOD

Plan Statistics for SHARON AUTO BODY, INC RETIREMENT PLAN

401k plan membership statisitcs for SHARON AUTO BODY, INC RETIREMENT PLAN

Measure Date Value
2014: SHARON AUTO BODY, INC RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 16
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 15
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 1
Total of all active and inactive participants 2014-01-01 16
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 16
Number of participants with account balances 2014-01-01 16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: SHARON AUTO BODY, INC RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 17
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 14
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 2
Total of all active and inactive participants 2013-01-01 16
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 16
Number of participants with account balances 2013-01-01 16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 1
2012: SHARON AUTO BODY, INC RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 17
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 16
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 1
Total of all active and inactive participants 2012-01-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 17
Number of participants with account balances 2012-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: SHARON AUTO BODY, INC RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 18
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 15
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 2
Total of all active and inactive participants 2011-01-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 17
Number of participants with account balances 2011-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 1
2009: SHARON AUTO BODY, INC RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 17
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 17
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 1
Total of all active and inactive participants 2009-01-01 18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 18
Number of participants with account balances 2009-01-01 18
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2014: SHARON AUTO BODY, INC RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	16
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	15
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	1
Total of all active and inactive participants	2014-01-01	16
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	16
Number of participants with account balances	2014-01-01	16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: SHARON AUTO BODY, INC RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	17
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	14
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	2
Total of all active and inactive participants	2013-01-01	16
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	16
Number of participants with account balances	2013-01-01	16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	1
2012: SHARON AUTO BODY, INC RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	17
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	16
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	1
Total of all active and inactive participants	2012-01-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	17
Number of participants with account balances	2012-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: SHARON AUTO BODY, INC RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	18
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	15
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	2
Total of all active and inactive participants	2011-01-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	17
Number of participants with account balances	2011-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	1
2009: SHARON AUTO BODY, INC RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	17
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	17
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	1
Total of all active and inactive participants	2009-01-01	18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	18
Number of participants with account balances	2009-01-01	18
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on SHARON AUTO BODY, INC RETIREMENT PLAN

Measure	Date	Value
2014 : SHARON AUTO BODY, INC RETIREMENT PLAN 2014 401k financial data
Transfers to/from the plan	2014-12-31	$0
Total plan liabilities at end of year	2014-12-31	$0
Total plan liabilities at beginning of year	2014-12-31	$0
Total income from all sources	2014-12-31	$151,218
Expenses. Total of all expenses incurred	2014-12-31	$92,862
Benefits paid (including direct rollovers)	2014-12-31	$92,230
Total plan assets at end of year	2014-12-31	$1,498,888
Total plan assets at beginning of year	2014-12-31	$1,440,532
Value of fidelity bond covering the plan	2014-12-31	$300,000
Total contributions received or receivable from participants	2014-12-31	$32,477
Expenses. Other expenses not covered elsewhere	2014-12-31	$0
Contributions received from other sources (not participants or employers)	2014-12-31	$0
Other income received	2014-12-31	$77,174
Noncash contributions received	2014-12-31	$0
Net income (gross income less expenses)	2014-12-31	$58,356
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$1,498,888
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$1,440,532
Total contributions received or receivable from employer(s)	2014-12-31	$41,567
Value of certain deemed distributions of participant loans	2014-12-31	$0
Value of corrective distributions	2014-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$632
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
2013 : SHARON AUTO BODY, INC RETIREMENT PLAN 2013 401k financial data
Transfers to/from the plan	2013-12-31	$0
Total plan liabilities at end of year	2013-12-31	$0
Total plan liabilities at beginning of year	2013-12-31	$0
Total income from all sources	2013-12-31	$478,618
Expenses. Total of all expenses incurred	2013-12-31	$1,667,275
Benefits paid (including direct rollovers)	2013-12-31	$1,667,275
Total plan assets at end of year	2013-12-31	$1,440,532
Total plan assets at beginning of year	2013-12-31	$2,629,189
Value of fidelity bond covering the plan	2013-12-31	$300,000
Total contributions received or receivable from participants	2013-12-31	$44,678
Expenses. Other expenses not covered elsewhere	2013-12-31	$0
Contributions received from other sources (not participants or employers)	2013-12-31	$0
Other income received	2013-12-31	$355,721
Noncash contributions received	2013-12-31	$0
Net income (gross income less expenses)	2013-12-31	$-1,188,657
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$1,440,532
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$2,629,189
Total contributions received or receivable from employer(s)	2013-12-31	$78,219
Value of certain deemed distributions of participant loans	2013-12-31	$0
Value of corrective distributions	2013-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : SHARON AUTO BODY, INC RETIREMENT PLAN 2012 401k financial data
Transfers to/from the plan	2012-12-31	$0
Total plan liabilities at end of year	2012-12-31	$0
Total plan liabilities at beginning of year	2012-12-31	$0
Total income from all sources	2012-12-31	$420,382
Expenses. Total of all expenses incurred	2012-12-31	$1,285
Benefits paid (including direct rollovers)	2012-12-31	$1,059
Total plan assets at end of year	2012-12-31	$2,629,189
Total plan assets at beginning of year	2012-12-31	$2,210,092
Value of fidelity bond covering the plan	2012-12-31	$300,000
Total contributions received or receivable from participants	2012-12-31	$42,934
Expenses. Other expenses not covered elsewhere	2012-12-31	$0
Contributions received from other sources (not participants or employers)	2012-12-31	$24,734
Other income received	2012-12-31	$273,084
Noncash contributions received	2012-12-31	$0
Net income (gross income less expenses)	2012-12-31	$419,097
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$2,629,189
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$2,210,092
Total contributions received or receivable from employer(s)	2012-12-31	$79,630
Value of certain deemed distributions of participant loans	2012-12-31	$0
Value of corrective distributions	2012-12-31	$226
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : SHARON AUTO BODY, INC RETIREMENT PLAN 2011 401k financial data
Transfers to/from the plan	2011-12-31	$0
Total plan liabilities at end of year	2011-12-31	$0
Total plan liabilities at beginning of year	2011-12-31	$0
Total income from all sources	2011-12-31	$121,969
Expenses. Total of all expenses incurred	2011-12-31	$112,456
Benefits paid (including direct rollovers)	2011-12-31	$112,456
Total plan assets at end of year	2011-12-31	$2,210,092
Total plan assets at beginning of year	2011-12-31	$2,200,579
Value of fidelity bond covering the plan	2011-12-31	$300,000
Total contributions received or receivable from participants	2011-12-31	$39,197
Expenses. Other expenses not covered elsewhere	2011-12-31	$0
Contributions received from other sources (not participants or employers)	2011-12-31	$0
Other income received	2011-12-31	$3,890
Noncash contributions received	2011-12-31	$0
Net income (gross income less expenses)	2011-12-31	$9,513
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$2,210,092
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$2,200,579
Total contributions received or receivable from employer(s)	2011-12-31	$78,882
Value of certain deemed distributions of participant loans	2011-12-31	$0
Value of corrective distributions	2011-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : SHARON AUTO BODY, INC RETIREMENT PLAN 2010 401k financial data
Transfers to/from the plan	2010-12-31	$0
Total plan liabilities at end of year	2010-12-31	$0
Total plan liabilities at beginning of year	2010-12-31	$0
Total income from all sources	2010-12-31	$295,428
Expenses. Total of all expenses incurred	2010-12-31	$62,637
Benefits paid (including direct rollovers)	2010-12-31	$62,637
Total plan assets at end of year	2010-12-31	$2,200,579
Total plan assets at beginning of year	2010-12-31	$1,967,788
Value of fidelity bond covering the plan	2010-12-31	$300,000
Total contributions received or receivable from participants	2010-12-31	$34,653
Expenses. Other expenses not covered elsewhere	2010-12-31	$0
Contributions received from other sources (not participants or employers)	2010-12-31	$0
Other income received	2010-12-31	$185,458
Noncash contributions received	2010-12-31	$0
Net income (gross income less expenses)	2010-12-31	$232,791
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$2,200,579
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$1,967,788
Total contributions received or receivable from employer(s)	2010-12-31	$75,317
Value of certain deemed distributions of participant loans	2010-12-31	$0
Value of corrective distributions	2010-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0

Form 5500 Responses for SHARON AUTO BODY, INC RETIREMENT PLAN

2014: SHARON AUTO BODY, INC RETIREMENT PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: SHARON AUTO BODY, INC RETIREMENT PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: SHARON AUTO BODY, INC RETIREMENT PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: SHARON AUTO BODY, INC RETIREMENT PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: SHARON AUTO BODY, INC RETIREMENT PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	SHARON AUTO BODY, INC.
Employer identification number (EIN):	060946151
NAIC Classification:	811120
NAIC Description:	Automotive Body, Paint, Interior, and Glass Repair