401k Plan data: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN plan

TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 401k Plan overview

Plan Name	TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN
Plan identification number	001

TWIN CITY MOTORS INC ASSET ACCUMULATION 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.
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

TWIN CITY MOTORS, INC. has sponsored the creation of one or more 401k plans.

Company Name: TWIN CITY MOTORS, INC.

Employer identification number (EIN): 620562541

NAIC Classification: 441110
NAIC Description: New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TWIN CITY MOTORS INC ASSET ACCUMULATION 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 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 CHARLES STEPHENS
001 2016-01-01 CHRISTOPHER STEPHENS
001 2015-01-01 CHRISTOPHER STEPHENS
001 2014-01-01 CHARLES STEPHENS
001 2013-01-01 CHARLES STEPHENS
001 2012-01-01 CHARLES E. STEPHENS
001 2011-01-01 CHARLES E. STEPHENS
001 2009-01-01 CHARLES E. STEPHENS

Plan Statistics for TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN

401k plan membership statisitcs for TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN

Measure Date Value
2023: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 276
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 251
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 31
Total of all active and inactive participants 2023-01-01 282
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 282
Number of participants with account balances 2023-01-01 282
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 5
2022: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 335
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 236
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 40
Total of all active and inactive participants 2022-01-01 276
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 276
Number of participants with account balances 2022-01-01 276
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 20
2021: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 322
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 296
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 39
Total of all active and inactive participants 2021-01-01 335
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 335
Number of participants with account balances 2021-01-01 335
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 9
2020: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 372
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 283
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 39
Total of all active and inactive participants 2020-01-01 322
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 322
Number of participants with account balances 2020-01-01 322
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 20
2019: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 340
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 353
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 19
Total of all active and inactive participants 2019-01-01 372
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 372
Number of participants with account balances 2019-01-01 372
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 8
2018: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 309
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 331
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 9
Total of all active and inactive participants 2018-01-01 340
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 340
Number of participants with account balances 2018-01-01 340
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 14
2017: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 340
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 298
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 11
Total of all active and inactive participants 2017-01-01 309
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 309
Number of participants with account balances 2017-01-01 309
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 13
2016: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 306
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 332
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 8
Total of all active and inactive participants 2016-01-01 340
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 340
Number of participants with account balances 2016-01-01 340
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 11
2015: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 315
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 296
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 10
Total of all active and inactive participants 2015-01-01 306
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 306
Number of participants with account balances 2015-01-01 306
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 15
2014: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 303
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 298
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 17
Total of all active and inactive participants 2014-01-01 315
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 315
Number of participants with account balances 2014-01-01 315
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 11
2013: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 292
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 284
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 19
Total of all active and inactive participants 2013-01-01 303
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 303
Number of participants with account balances 2013-01-01 303
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 22
2012: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 298
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 269
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 23
Total of all active and inactive participants 2012-01-01 292
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 292
Number of participants with account balances 2012-01-01 292
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 11
2011: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 275
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 279
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 19
Total of all active and inactive participants 2011-01-01 298
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 298
Number of participants with account balances 2011-01-01 298
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 9
2009: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 286
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 207
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 55
Total of all active and inactive participants 2009-01-01 262
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 262
Number of participants with account balances 2009-01-01 249
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 21

Measure	Date	Value
2023: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	276
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	251
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	31
Total of all active and inactive participants	2023-01-01	282
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	282
Number of participants with account balances	2023-01-01	282
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	5
2022: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	335
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	236
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	40
Total of all active and inactive participants	2022-01-01	276
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	276
Number of participants with account balances	2022-01-01	276
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	20
2021: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	322
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	296
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	39
Total of all active and inactive participants	2021-01-01	335
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	335
Number of participants with account balances	2021-01-01	335
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	9
2020: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	372
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	283
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	39
Total of all active and inactive participants	2020-01-01	322
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	322
Number of participants with account balances	2020-01-01	322
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	20
2019: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	340
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	353
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	19
Total of all active and inactive participants	2019-01-01	372
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	372
Number of participants with account balances	2019-01-01	372
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	8
2018: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	309
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	331
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	9
Total of all active and inactive participants	2018-01-01	340
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	340
Number of participants with account balances	2018-01-01	340
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	14
2017: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	340
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	298
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	11
Total of all active and inactive participants	2017-01-01	309
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	309
Number of participants with account balances	2017-01-01	309
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	13
2016: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	306
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	332
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	8
Total of all active and inactive participants	2016-01-01	340
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	340
Number of participants with account balances	2016-01-01	340
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	11
2015: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	315
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	296
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	10
Total of all active and inactive participants	2015-01-01	306
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	306
Number of participants with account balances	2015-01-01	306
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	15
2014: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	303
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	298
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	17
Total of all active and inactive participants	2014-01-01	315
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	315
Number of participants with account balances	2014-01-01	315
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	11
2013: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	292
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	284
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	19
Total of all active and inactive participants	2013-01-01	303
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	303
Number of participants with account balances	2013-01-01	303
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	22
2012: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	298
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	269
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	23
Total of all active and inactive participants	2012-01-01	292
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	292
Number of participants with account balances	2012-01-01	292
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	11
2011: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	275
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	279
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	19
Total of all active and inactive participants	2011-01-01	298
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	298
Number of participants with account balances	2011-01-01	298
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	9
2009: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	286
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	207
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	55
Total of all active and inactive participants	2009-01-01	262
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	262
Number of participants with account balances	2009-01-01	249
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	21

Financial Data on TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN

Measure	Date	Value
2023 : TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2023 401k financial data
Total income from all sources (including contributions)	2023-12-31	$4,012,572
Total of all expenses incurred	2023-12-31	$3,442,711
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$3,340,659
Value of total corrective distributions	2023-12-31	$27,972
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$1,593,461
Value of total assets at end of year	2023-12-31	$19,306,557
Value of total assets at beginning of year	2023-12-31	$18,736,696
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$74,080
Total interest from all sources	2023-12-31	$21,990
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$630,404
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	$630,404
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$500,000
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	$914,503
Participant contributions at end of year	2023-12-31	$278,424
Participant contributions at beginning of year	2023-12-31	$333,675
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$1,550
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	$569,861
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$19,306,557
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$18,736,696
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
Assets. partnership/joint venture interests at end of year	2023-12-31	$72,790
Assets. partnership/joint venture interests at beginning of year	2023-12-31	$319,226
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$18,277,935
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$17,423,093
Interest on participant loans	2023-12-31	$21,990
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$1,766,717
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	$677,408
Employer contributions (assets) at end of year	2023-12-31	$677,408
Employer contributions (assets) at beginning of year	2023-12-31	$660,702
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$3,340,659
Contract administrator fees	2023-12-31	$74,080
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	Disclaimer
Accountancy firm name	2023-12-31	VANCE CPA LLC
Accountancy firm EIN	2023-12-31	631284602
2022 : TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2022 401k financial data
Total income from all sources (including contributions)	2022-12-31	$-1,321,123
Total of all expenses incurred	2022-12-31	$1,531,982
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$1,398,120
Expenses. Certain deemed distributions of participant loans	2022-12-31	$61,319
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$1,558,125
Value of total assets at end of year	2022-12-31	$18,736,696
Value of total assets at beginning of year	2022-12-31	$21,589,801
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$72,543
Total interest from all sources	2022-12-31	$14,665
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$710,181
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	$710,181
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
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	$897,423
Participant contributions at end of year	2022-12-31	$333,675
Participant contributions at beginning of year	2022-12-31	$382,681
Participant contributions at beginning of year	2022-12-31	$1,861
Other income not declared elsewhere	2022-12-31	$193,507
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	$-2,853,105
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$18,736,696
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$21,589,801
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
Assets. partnership/joint venture interests at end of year	2022-12-31	$319,226
Assets. partnership/joint venture interests at beginning of year	2022-12-31	$125,719
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$17,423,093
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$20,437,992
Interest on participant loans	2022-12-31	$14,665
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-3,797,601
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	$660,702
Employer contributions (assets) at end of year	2022-12-31	$660,702
Employer contributions (assets) at beginning of year	2022-12-31	$641,548
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$1,398,120
Contract administrator fees	2022-12-31	$72,543
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	Disclaimer
Accountancy firm name	2022-12-31	VANCE CPA LLC
Accountancy firm EIN	2022-12-31	631284602
2021 : TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2021 401k financial data
Total income from all sources (including contributions)	2021-12-31	$3,793,957
Total of all expenses incurred	2021-12-31	$2,012,129
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$1,879,758
Expenses. Certain deemed distributions of participant loans	2021-12-31	$57,269
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,433,554
Value of total assets at end of year	2021-12-31	$21,589,801
Value of total assets at beginning of year	2021-12-31	$19,807,973
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$75,102
Total interest from all sources	2021-12-31	$19,580
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$1,078,098
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$1,078,098
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$792,006
Participant contributions at end of year	2021-12-31	$382,681
Participant contributions at beginning of year	2021-12-31	$386,346
Participant contributions at end of year	2021-12-31	$1,861
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$1,781,828
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$21,589,801
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$19,807,973
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Assets. partnership/joint venture interests at end of year	2021-12-31	$125,719
Assets. partnership/joint venture interests at beginning of year	2021-12-31	$125,719
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$20,437,992
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$18,788,703
Interest on participant loans	2021-12-31	$19,580
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$1,262,725
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$641,548
Employer contributions (assets) at end of year	2021-12-31	$641,548
Employer contributions (assets) at beginning of year	2021-12-31	$507,205
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$1,879,758
Contract administrator fees	2021-12-31	$75,102
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Disclaimer
Accountancy firm name	2021-12-31	VANCE CPA LLC
Accountancy firm EIN	2021-12-31	631284602
2020 : TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2020 401k financial data
Total income from all sources (including contributions)	2020-12-31	$3,531,465
Total of all expenses incurred	2020-12-31	$785,831
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$710,047
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,194,873
Value of total assets at end of year	2020-12-31	$19,807,973
Value of total assets at beginning of year	2020-12-31	$17,062,339
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$75,784
Total interest from all sources	2020-12-31	$9,788
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$634,104
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$634,104
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$652,194
Participant contributions at end of year	2020-12-31	$386,346
Participant contributions at beginning of year	2020-12-31	$260,252
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$35,474
Other income not declared elsewhere	2020-12-31	$1,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$2,745,634
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$19,807,973
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$17,062,339
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Assets. partnership/joint venture interests at end of year	2020-12-31	$125,719
Assets. partnership/joint venture interests at beginning of year	2020-12-31	$125,719
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$18,788,703
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$16,182,351
Interest on participant loans	2020-12-31	$9,788
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$1,691,700
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$507,205
Employer contributions (assets) at end of year	2020-12-31	$507,205
Employer contributions (assets) at beginning of year	2020-12-31	$494,017
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$710,047
Contract administrator fees	2020-12-31	$75,784
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	ROBERT A. BROWN, CPA
Accountancy firm EIN	2020-12-31	621613402
2019 : TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2019 401k financial data
Total income from all sources (including contributions)	2019-12-31	$3,869,073
Total of all expenses incurred	2019-12-31	$1,227,580
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$1,132,538
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$1,176,764
Value of total assets at end of year	2019-12-31	$17,062,339
Value of total assets at beginning of year	2019-12-31	$14,420,846
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$95,042
Total interest from all sources	2019-12-31	$21,178
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$656,132
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$656,132
Administrative expenses professional fees incurred	2019-12-31	$10,734
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$663,940
Participant contributions at end of year	2019-12-31	$260,252
Participant contributions at beginning of year	2019-12-31	$338,381
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$18,807
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$2,641,493
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$17,062,339
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$14,420,846
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Assets. partnership/joint venture interests at end of year	2019-12-31	$125,719
Assets. partnership/joint venture interests at beginning of year	2019-12-31	$125,719
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$16,182,351
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$13,452,040
Interest on participant loans	2019-12-31	$21,178
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$2,014,999
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$494,017
Employer contributions (assets) at end of year	2019-12-31	$494,017
Employer contributions (assets) at beginning of year	2019-12-31	$504,706
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$1,132,538
Contract administrator fees	2019-12-31	$84,308
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	ROBERT A. BROWN, CPA
Accountancy firm EIN	2019-12-31	621613402
2018 : TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2018 401k financial data
Total income from all sources (including contributions)	2018-12-31	$626,872
Total of all expenses incurred	2018-12-31	$587,262
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$503,617
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$1,159,351
Value of total assets at end of year	2018-12-31	$14,420,846
Value of total assets at beginning of year	2018-12-31	$14,381,236
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$83,645
Total interest from all sources	2018-12-31	$18,723
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$651,135
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$651,135
Administrative expenses professional fees incurred	2018-12-31	$13,137
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$614,185
Participant contributions at end of year	2018-12-31	$338,381
Participant contributions at beginning of year	2018-12-31	$279,980
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$40,460
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$39,610
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$14,420,846
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$14,381,236
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Assets. partnership/joint venture interests at end of year	2018-12-31	$125,719
Assets. partnership/joint venture interests at beginning of year	2018-12-31	$125,719
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$13,452,040
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$13,518,403
Interest on participant loans	2018-12-31	$18,723
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-1,202,337
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$504,706
Employer contributions (assets) at end of year	2018-12-31	$504,706
Employer contributions (assets) at beginning of year	2018-12-31	$457,134
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$503,617
Contract administrator fees	2018-12-31	$70,508
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	ROBERT A. BROWN, CPA
Accountancy firm EIN	2018-12-31	621613402
2017 : TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2017 401k financial data
Total income from all sources (including contributions)	2017-12-31	$2,998,167
Total of all expenses incurred	2017-12-31	$493,768
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$440,307
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$1,087,061
Value of total assets at end of year	2017-12-31	$14,381,236
Value of total assets at beginning of year	2017-12-31	$11,876,837
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$53,461
Total interest from all sources	2017-12-31	$13,431
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$384,946
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$384,946
Administrative expenses professional fees incurred	2017-12-31	$8,503
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$597,105
Participant contributions at end of year	2017-12-31	$279,980
Participant contributions at beginning of year	2017-12-31	$228,119
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$32,822
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$2,504,399
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$14,381,236
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$11,876,837
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Assets. partnership/joint venture interests at end of year	2017-12-31	$125,719
Assets. partnership/joint venture interests at beginning of year	2017-12-31	$125,719
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$13,518,403
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$11,086,476
Interest on participant loans	2017-12-31	$13,431
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$1,512,729
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$457,134
Employer contributions (assets) at end of year	2017-12-31	$457,134
Employer contributions (assets) at beginning of year	2017-12-31	$436,523
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$440,307
Contract administrator fees	2017-12-31	$44,958
Did the plan have assets held for investment	2017-12-31	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	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	ROBERT A. BROWN, CPA
Accountancy firm EIN	2017-12-31	621613402
2016 : TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2016 401k financial data
Total income from all sources (including contributions)	2016-12-31	$1,770,066
Total of all expenses incurred	2016-12-31	$674,646
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$633,938
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$972,102
Value of total assets at end of year	2016-12-31	$11,876,837
Value of total assets at beginning of year	2016-12-31	$10,781,417
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$40,708
Total interest from all sources	2016-12-31	$12,591
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$367,065
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$367,065
Administrative expenses professional fees incurred	2016-12-31	$9,576
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$500,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$527,949
Participant contributions at end of year	2016-12-31	$228,119
Participant contributions at beginning of year	2016-12-31	$231,394
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$7,630
Other income not declared elsewhere	2016-12-31	$1,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$1,095,420
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$11,876,837
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$10,781,417
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Assets. partnership/joint venture interests at end of year	2016-12-31	$125,719
Assets. partnership/joint venture interests at beginning of year	2016-12-31	$125,719
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$11,086,476
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$10,000,523
Interest on participant loans	2016-12-31	$12,591
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$417,308
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$436,523
Employer contributions (assets) at end of year	2016-12-31	$436,523
Employer contributions (assets) at beginning of year	2016-12-31	$423,781
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$633,938
Contract administrator fees	2016-12-31	$31,132
Did the plan have assets held for investment	2016-12-31	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	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	ROBERT A. BROWN, CPA
Accountancy firm EIN	2016-12-31	621613402
2015 : TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2015 401k financial data
Total income from all sources (including contributions)	2015-12-31	$976,538
Total of all expenses incurred	2015-12-31	$544,501
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$504,605
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$974,054
Value of total assets at end of year	2015-12-31	$10,781,417
Value of total assets at beginning of year	2015-12-31	$10,349,380
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$39,896
Total interest from all sources	2015-12-31	$12,178
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$509,178
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$509,178
Administrative expenses professional fees incurred	2015-12-31	$11,391
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$500,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$540,425
Participant contributions at end of year	2015-12-31	$231,394
Participant contributions at beginning of year	2015-12-31	$329,694
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$9,848
Other income not declared elsewhere	2015-12-31	$1,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$432,037
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$10,781,417
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$10,349,380
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Assets. partnership/joint venture interests at end of year	2015-12-31	$125,719
Assets. partnership/joint venture interests at beginning of year	2015-12-31	$125,719
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$10,000,523
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$9,484,936
Interest on participant loans	2015-12-31	$12,178
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-519,872
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$423,781
Employer contributions (assets) at end of year	2015-12-31	$423,781
Employer contributions (assets) at beginning of year	2015-12-31	$409,031
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$504,605
Contract administrator fees	2015-12-31	$28,505
Did the plan have assets held for investment	2015-12-31	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	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	PSH AUDIT & ASSURANCE SERVICES, PL
Accountancy firm EIN	2015-12-31	453644670
2014 : TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2014 401k financial data
Total income from all sources (including contributions)	2014-12-31	$1,443,912
Total of all expenses incurred	2014-12-31	$383,955
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$339,363
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$854,767
Value of total assets at end of year	2014-12-31	$10,349,380
Value of total assets at beginning of year	2014-12-31	$9,289,423
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$44,592
Total interest from all sources	2014-12-31	$11,044
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$389,614
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Administrative expenses professional fees incurred	2014-12-31	$15,000
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$500,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$445,736
Participant contributions at end of year	2014-12-31	$329,694
Participant contributions at beginning of year	2014-12-31	$281,839
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$1,059,957
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$10,349,380
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$9,289,423
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Assets. partnership/joint venture interests at end of year	2014-12-31	$125,719
Assets. partnership/joint venture interests at beginning of year	2014-12-31	$125,719
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$9,484,936
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$8,519,210
Interest on participant loans	2014-12-31	$11,044
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$188,487
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$409,031
Employer contributions (assets) at end of year	2014-12-31	$409,031
Employer contributions (assets) at beginning of year	2014-12-31	$362,655
Income. Dividends from common stock	2014-12-31	$389,614
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$339,363
Contract administrator fees	2014-12-31	$29,592
Did the plan have assets held for investment	2014-12-31	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	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	PSHH AUDIT & ASSURANCE SERVICES, PL
Accountancy firm EIN	2014-12-31	453644670
2013 : TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2013 401k financial data
Total income from all sources (including contributions)	2013-12-31	$2,358,934
Total of all expenses incurred	2013-12-31	$930,744
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$901,788
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$842,062
Value of total assets at end of year	2013-12-31	$9,289,423
Value of total assets at beginning of year	2013-12-31	$7,861,233
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$28,956
Total interest from all sources	2013-12-31	$30,994
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$243,244
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Administrative expenses professional fees incurred	2013-12-31	$12,629
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$500,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$425,832
Participant contributions at end of year	2013-12-31	$281,839
Participant contributions at beginning of year	2013-12-31	$317,386
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$53,575
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$1,428,190
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$9,289,423
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$7,861,233
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Assets. partnership/joint venture interests at end of year	2013-12-31	$125,719
Assets. partnership/joint venture interests at beginning of year	2013-12-31	$125,719
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$8,519,210
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$7,024,280
Interest on participant loans	2013-12-31	$30,994
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$1,242,634
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$362,655
Employer contributions (assets) at end of year	2013-12-31	$362,655
Employer contributions (assets) at beginning of year	2013-12-31	$393,848
Income. Dividends from common stock	2013-12-31	$243,244
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$901,788
Contract administrator fees	2013-12-31	$16,327
Did the plan have assets held for investment	2013-12-31	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	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	PSHH AUDIT & ASSURANCE SERVICES, PL
Accountancy firm EIN	2013-12-31	453644670
2012 : TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2012 401k financial data
Total income from all sources (including contributions)	2012-12-31	$1,730,322
Total of all expenses incurred	2012-12-31	$969,483
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$947,167
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$902,112
Value of total assets at end of year	2012-12-31	$7,861,233
Value of total assets at beginning of year	2012-12-31	$7,100,394
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$22,316
Total interest from all sources	2012-12-31	$34,412
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$240,226
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Administrative expenses professional fees incurred	2012-12-31	$21,665
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$500,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$470,662
Participant contributions at end of year	2012-12-31	$317,386
Participant contributions at beginning of year	2012-12-31	$221,033
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$37,602
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$760,839
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$7,861,233
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$7,100,394
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Assets. partnership/joint venture interests at end of year	2012-12-31	$125,719
Assets. partnership/joint venture interests at beginning of year	2012-12-31	$125,719
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$7,024,280
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$6,384,653
Interest on participant loans	2012-12-31	$34,412
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$553,572
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$393,848
Employer contributions (assets) at end of year	2012-12-31	$393,848
Employer contributions (assets) at beginning of year	2012-12-31	$368,989
Income. Dividends from common stock	2012-12-31	$240,226
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$947,167
Contract administrator fees	2012-12-31	$651
Did the plan have assets held for investment	2012-12-31	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	2012-12-31	Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	PSHH AUDIT & ASSURANCE SERVICES, PL
Accountancy firm EIN	2012-12-31	453644670
2011 : TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2011 401k financial data
Total income from all sources (including contributions)	2011-12-31	$686,385
Total of all expenses incurred	2011-12-31	$282,031
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$274,831
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$826,192
Value of total assets at end of year	2011-12-31	$7,100,394
Value of total assets at beginning of year	2011-12-31	$6,696,040
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$7,200
Total interest from all sources	2011-12-31	$7,544
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$79,732
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Administrative expenses professional fees incurred	2011-12-31	$5,350
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$455,507
Participant contributions at end of year	2011-12-31	$221,033
Participant contributions at beginning of year	2011-12-31	$226,319
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$1,696
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$404,354
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$7,100,394
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$6,696,040
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Assets. partnership/joint venture interests at end of year	2011-12-31	$125,719
Assets. partnership/joint venture interests at beginning of year	2011-12-31	$125,719
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$6,384,653
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$6,054,223
Interest on participant loans	2011-12-31	$7,544
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-227,083
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$368,989
Employer contributions (assets) at end of year	2011-12-31	$368,989
Employer contributions (assets) at beginning of year	2011-12-31	$289,779
Income. Dividends from common stock	2011-12-31	$79,732
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$274,831
Contract administrator fees	2011-12-31	$1,850
Did the plan have assets held for investment	2011-12-31	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	2011-12-31	Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	PSHH AUDIT & ASSURANCE SERVICES, PL
Accountancy firm EIN	2011-12-31	453644670
2010 : TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2010 401k financial data
Total income from all sources (including contributions)	2010-12-31	$1,481,404
Total of all expenses incurred	2010-12-31	$1,052,225
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$1,031,165
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$893,354
Value of total assets at end of year	2010-12-31	$6,696,040
Value of total assets at beginning of year	2010-12-31	$6,266,861
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$21,060
Total interest from all sources	2010-12-31	$9,985
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$81,603
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Administrative expenses professional fees incurred	2010-12-31	$15,660
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$332,856
Participant contributions at end of year	2010-12-31	$226,319
Participant contributions at beginning of year	2010-12-31	$251,323
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$270,719
Other income not declared elsewhere	2010-12-31	$2,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$429,179
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$6,696,040
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$6,266,861
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Assets. partnership/joint venture interests at end of year	2010-12-31	$125,719
Assets. partnership/joint venture interests at beginning of year	2010-12-31	$125,719
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$6,054,223
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$5,889,819
Interest on participant loans	2010-12-31	$9,985
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$494,462
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$289,779
Employer contributions (assets) at end of year	2010-12-31	$289,779
Income. Dividends from common stock	2010-12-31	$81,603
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$1,031,165
Contract administrator fees	2010-12-31	$5,400
Did the plan have assets held for investment	2010-12-31	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	2010-12-31	Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	ROBERT A. BROWN, CPA
Accountancy firm EIN	2010-12-31	621613402

Form 5500 Responses for TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN

2023: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) RETIREMENT PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) 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: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) 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: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) 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: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) 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: TWIN CITY MOTORS INC ASSET ACCUMULATION 401(K) 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:	TWIN CITY MOTORS, INC.
Employer identification number (EIN):	620562541
NAIC Classification:	441110
NAIC Description:	New Car Dealers