401k Plan data: THE BEST 401(K) PLAN plan

THE BEST 401(K) PLAN 401k Plan overview

Plan Name	THE BEST 401(K) PLAN
Plan identification number	001

THE BEST 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SOUTHPOINT PONTIAC-CADILLAC, INC. has sponsored the creation of one or more 401k plans.

Company Name: SOUTHPOINT PONTIAC-CADILLAC, INC.

Employer identification number (EIN): 742547034

NAIC Classification: 441110
NAIC Description: New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE BEST 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2020-01-01 RONALD E. MILLION 2020-10-12
001 2019-01-01 RONALD E. MILLION 2020-04-28
001 2018-01-01 RONALD E. MILLION 2019-05-29
001 2017-01-01 RONALD E. MILLION 2018-06-06
001 2016-01-01 RONALD E. MILLION 2017-06-23
001 2015-01-01 RONALD E. MILLION 2016-07-29
001 2014-01-01 RONALD E. MILLION
001 2013-01-01 RONALD E. MILLION
001 2012-01-01 RONALD E. MILLION
001 2011-01-01 RONALD E. MILLION
001 2009-01-01 RONALD E. MILLION

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2020-01-01	RONALD E. MILLION	2020-10-12
001	2019-01-01	RONALD E. MILLION	2020-04-28
001	2018-01-01	RONALD E. MILLION	2019-05-29
001	2017-01-01	RONALD E. MILLION	2018-06-06
001	2016-01-01	RONALD E. MILLION	2017-06-23
001	2015-01-01	RONALD E. MILLION	2016-07-29
001	2014-01-01	RONALD E. MILLION
001	2013-01-01	RONALD E. MILLION
001	2012-01-01	RONALD E. MILLION
001	2011-01-01	RONALD E. MILLION
001	2009-01-01	RONALD E. MILLION

Plan Statistics for THE BEST 401(K) PLAN

401k plan membership statisitcs for THE BEST 401(K) PLAN

Measure Date Value
2014: THE BEST 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 538
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 178
Number of retired or separated participants receiving benefits 2014-01-01 28
Number of other retired or separated participants entitled to future benefits 2014-01-01 127
Total of all active and inactive participants 2014-01-01 333
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 1
Total participants 2014-01-01 334
Number of participants with account balances 2014-01-01 193
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 5
2013: THE BEST 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 504
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 415
Number of retired or separated participants receiving benefits 2013-01-01 20
Number of other retired or separated participants entitled to future benefits 2013-01-01 64
Total of all active and inactive participants 2013-01-01 499
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 1
Total participants 2013-01-01 500
Number of participants with account balances 2013-01-01 249
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 5
2012: THE BEST 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 468
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 358
Number of retired or separated participants receiving benefits 2012-01-01 14
Number of other retired or separated participants entitled to future benefits 2012-01-01 68
Total of all active and inactive participants 2012-01-01 440
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 1
Total participants 2012-01-01 441
Number of participants with account balances 2012-01-01 253
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 7
2011: THE BEST 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 467
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 355
Number of retired or separated participants receiving benefits 2011-01-01 9
Number of other retired or separated participants entitled to future benefits 2011-01-01 67
Total of all active and inactive participants 2011-01-01 431
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 431
Number of participants with account balances 2011-01-01 253
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 10
2009: THE BEST 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 485
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 296
Number of retired or separated participants receiving benefits 2009-01-01 17
Number of other retired or separated participants entitled to future benefits 2009-01-01 69
Total of all active and inactive participants 2009-01-01 382
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 382
Number of participants with account balances 2009-01-01 277
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 13

Measure	Date	Value
2014: THE BEST 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	538
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	178
Number of retired or separated participants receiving benefits	2014-01-01	28
Number of other retired or separated participants entitled to future benefits	2014-01-01	127
Total of all active and inactive participants	2014-01-01	333
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	1
Total participants	2014-01-01	334
Number of participants with account balances	2014-01-01	193
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	5
2013: THE BEST 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	504
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	415
Number of retired or separated participants receiving benefits	2013-01-01	20
Number of other retired or separated participants entitled to future benefits	2013-01-01	64
Total of all active and inactive participants	2013-01-01	499
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	1
Total participants	2013-01-01	500
Number of participants with account balances	2013-01-01	249
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	5
2012: THE BEST 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	468
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	358
Number of retired or separated participants receiving benefits	2012-01-01	14
Number of other retired or separated participants entitled to future benefits	2012-01-01	68
Total of all active and inactive participants	2012-01-01	440
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	1
Total participants	2012-01-01	441
Number of participants with account balances	2012-01-01	253
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	7
2011: THE BEST 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	467
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	355
Number of retired or separated participants receiving benefits	2011-01-01	9
Number of other retired or separated participants entitled to future benefits	2011-01-01	67
Total of all active and inactive participants	2011-01-01	431
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	431
Number of participants with account balances	2011-01-01	253
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	10
2009: THE BEST 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	485
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	296
Number of retired or separated participants receiving benefits	2009-01-01	17
Number of other retired or separated participants entitled to future benefits	2009-01-01	69
Total of all active and inactive participants	2009-01-01	382
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	382
Number of participants with account balances	2009-01-01	277
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	13

Financial Data on THE BEST 401(K) PLAN

Measure	Date	Value
2014 : THE BEST 401(K) PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$816,921
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$2,473,262
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$2,335,812
Value of total corrective distributions	2014-12-31	$74,075
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$569,093
Value of total assets at end of year	2014-12-31	$3,748,840
Value of total assets at beginning of year	2014-12-31	$5,405,181
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$63,375
Total interest from all sources	2014-12-31	$10,972
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$0
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	$3,645
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$492,151
Participant contributions at end of year	2014-12-31	$160,391
Participant contributions at beginning of year	2014-12-31	$214,400
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$76,942
Administrative expenses (other) incurred	2014-12-31	$9,764
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	$-1,656,341
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$3,748,840
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$5,405,181
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
Investment advisory and management fees	2014-12-31	$18,893
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$3,588,449
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$5,190,781
Interest on participant loans	2014-12-31	$10,972
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$236,856
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$2,335,812
Contract administrator fees	2014-12-31	$31,073
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	PAUL J. FITZGERALD, P.C.
Accountancy firm EIN	2014-12-31	742969628
2013 : THE BEST 401(K) PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$1,562,382
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$582,408
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$477,618
Value of total corrective distributions	2013-12-31	$40,983
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$757,945
Value of total assets at end of year	2013-12-31	$5,405,181
Value of total assets at beginning of year	2013-12-31	$4,425,207
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$63,807
Total interest from all sources	2013-12-31	$9,394
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$710,986
Participant contributions at end of year	2013-12-31	$214,400
Participant contributions at beginning of year	2013-12-31	$189,701
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$46,959
Administrative expenses (other) incurred	2013-12-31	$9,340
Total non interest bearing cash at beginning of year	2013-12-31	$0
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	$979,974
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$5,405,181
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$4,425,207
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
Investment advisory and management fees	2013-12-31	$18,766
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$5,190,781
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$4,235,506
Interest on participant loans	2013-12-31	$9,394
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$795,043
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$477,618
Contract administrator fees	2013-12-31	$35,701
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	PAUL J. FITZGERALD, P.C.
Accountancy firm EIN	2013-12-31	742969628
2012 : THE BEST 401(K) PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$1,255,556
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$898,117
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$829,215
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$752,742
Value of total assets at end of year	2012-12-31	$4,425,207
Value of total assets at beginning of year	2012-12-31	$4,067,768
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$68,902
Total interest from all sources	2012-12-31	$9,132
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$648,111
Participant contributions at end of year	2012-12-31	$189,701
Participant contributions at beginning of year	2012-12-31	$224,515
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$104,631
Other income not declared elsewhere	2012-12-31	$-24
Administrative expenses (other) incurred	2012-12-31	$6,813
Total non interest bearing cash at end of year	2012-12-31	$0
Total non interest bearing cash at beginning of year	2012-12-31	$190
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	$357,439
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$4,425,207
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$4,067,768
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
Investment advisory and management fees	2012-12-31	$16,349
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$4,235,506
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$3,843,063
Interest on participant loans	2012-12-31	$9,132
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$493,706
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$829,215
Contract administrator fees	2012-12-31	$45,740
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	No
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	PAUL J. FITZGERALD, P.C.
Accountancy firm EIN	2012-12-31	742969628
2011 : THE BEST 401(K) PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$567,609
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$654,900
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$580,678
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$639,695
Value of total assets at end of year	2011-12-31	$4,067,768
Value of total assets at beginning of year	2011-12-31	$4,155,059
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$74,222
Total interest from all sources	2011-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$635,477
Participant contributions at end of year	2011-12-31	$224,515
Participant contributions at beginning of year	2011-12-31	$219,853
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$4,218
Administrative expenses (other) incurred	2011-12-31	$5,405
Total non interest bearing cash at end of year	2011-12-31	$190
Total non interest bearing cash at beginning of year	2011-12-31	$4,282
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	$-87,291
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$4,067,768
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$4,155,059
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
Investment advisory and management fees	2011-12-31	$14,971
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$3,843,063
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$3,930,924
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-72,086
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$580,678
Contract administrator fees	2011-12-31	$53,846
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	No
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	PAUL J. FITZGERALD, P.C.
Accountancy firm EIN	2011-12-31	742969628
2010 : THE BEST 401(K) PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$1,007,927
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$591,495
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$526,335
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$546,376
Value of total assets at end of year	2010-12-31	$4,155,059
Value of total assets at beginning of year	2010-12-31	$3,738,627
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$65,160
Total interest from all sources	2010-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$546,376
Participant contributions at end of year	2010-12-31	$219,853
Participant contributions at beginning of year	2010-12-31	$235,880
Participant contributions at beginning of year	2010-12-31	$0
Other income not declared elsewhere	2010-12-31	$96,723
Total non interest bearing cash at end of year	2010-12-31	$4,282
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	$416,432
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$4,155,059
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$3,738,627
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$3,930,924
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$3,502,747
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$364,828
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$526,335
Contract administrator fees	2010-12-31	$65,160
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	No
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	PAUL J. FITZGERALD, P.C.
Accountancy firm EIN	2010-12-31	742969628

Form 5500 Responses for THE BEST 401(K) PLAN

2014: THE BEST 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: THE BEST 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: THE BEST 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: THE BEST 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: THE BEST 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	SOUTHPOINT PONTIAC-CADILLAC, INC.
Employer identification number (EIN):	742547034
NAIC Classification:	441110
NAIC Description:	New Car Dealers