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KAIZEN AUTO GROUP 401(K) PLAN 401k Plan overview

Plan NameKAIZEN AUTO GROUP 401(K) PLAN
Plan identification number 001

KAIZEN AUTO GROUP 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • 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

KAIZEN RESOURCES, INC. has sponsored the creation of one or more 401k plans.

Company Name:KAIZEN RESOURCES, INC.
Employer identification number (EIN):822474379
NAIC Classification:441110
NAIC Description:New Car Dealers

Additional information about KAIZEN RESOURCES, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2017-05-01
Company Identification Number: 0802710320
Legal Registered Office Address: 3413 LAWRENCE AVE. NEDERLAND


United States of America (USA)
77627

More information about KAIZEN RESOURCES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan KAIZEN AUTO GROUP 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012019-01-01
0012019-01-01
0012018-01-01
0012017-01-01PAULA LEE

Plan Statistics for KAIZEN AUTO GROUP 401(K) PLAN

401k plan membership statisitcs for KAIZEN AUTO GROUP 401(K) PLAN

Measure Date Value
2023: KAIZEN AUTO GROUP 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01398
Total number of active participants reported on line 7a of the Form 55002023-01-01419
Number of retired or separated participants receiving benefits2023-01-015
Number of other retired or separated participants entitled to future benefits2023-01-0192
Total of all active and inactive participants2023-01-01516
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-01516
Number of participants with account balances2023-01-01421
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: KAIZEN AUTO GROUP 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01528
Total number of active participants reported on line 7a of the Form 55002022-01-01412
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0139
Total of all active and inactive participants2022-01-01451
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01451
Number of participants with account balances2022-01-01342
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-011
2021: KAIZEN AUTO GROUP 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01303
Total number of active participants reported on line 7a of the Form 55002021-01-01206
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-01190
Total of all active and inactive participants2021-01-01396
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01396
Number of participants with account balances2021-01-01339
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-013
2020: KAIZEN AUTO GROUP 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01292
Total number of active participants reported on line 7a of the Form 55002020-01-01143
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-01163
Total of all active and inactive participants2020-01-01306
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01306
Number of participants with account balances2020-01-01281
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-018
2019: KAIZEN AUTO GROUP 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01263
Total number of active participants reported on line 7a of the Form 55002019-01-01161
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-01134
Total of all active and inactive participants2019-01-01295
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01295
Number of participants with account balances2019-01-01230
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-019
2018: KAIZEN AUTO GROUP 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01223
Total number of active participants reported on line 7a of the Form 55002018-01-01144
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-01119
Total of all active and inactive participants2018-01-01263
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01263
Number of participants with account balances2018-01-01233
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0119
2017: KAIZEN AUTO GROUP 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01197
Total number of active participants reported on line 7a of the Form 55002017-01-01117
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0198
Total of all active and inactive participants2017-01-01215
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01215
Number of participants with account balances2017-01-01183
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0142

Financial Data on KAIZEN AUTO GROUP 401(K) PLAN

Measure Date Value
2023 : KAIZEN AUTO GROUP 401(K) PLAN 2023 401k financial data
Unrealized appreciation/depreciation of real estate assets2023-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2023-12-31$0
Total unrealized appreciation/depreciation of assets2023-12-31$0
Total transfer of assets to this plan2023-12-31$0
Total transfer of assets from this plan2023-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Expenses. Interest paid2023-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022023-12-31$0
Total income from all sources (including contributions)2023-12-31$825,599
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$887,153
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$874,638
Expenses. Certain deemed distributions of participant loans2023-12-31$0
Value of total corrective distributions2023-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$626,885
Value of total assets at end of year2023-12-31$1,750,035
Value of total assets at beginning of year2023-12-31$1,811,589
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$12,515
Total income from rents2023-12-31$0
Total interest from all sources2023-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$20,986
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2023-12-31$20,986
Assets. Real estate other than employer real property at end of year2023-12-31$0
Assets. Real estate other than employer real property at beginning of year2023-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2023-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2023-12-31$0
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$181,159
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$488,176
Participant contributions at end of year2023-12-31$0
Participant contributions at beginning of year2023-12-31$0
Participant contributions at end of year2023-12-31$42
Participant contributions at beginning of year2023-12-31$0
Assets. Other investments not covered elsewhere at end of year2023-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2023-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2023-12-31$138,709
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2023-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2023-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-12-31$0
Assets. Loans (other than to participants) at end of year2023-12-31$0
Assets. Loans (other than to participants) at beginning of year2023-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2023-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2023-12-31$0
Administrative expenses (other) incurred2023-12-31$0
Liabilities. Value of operating payables at end of year2023-12-31$0
Liabilities. Value of operating payables at beginning of year2023-12-31$0
Total non interest bearing cash at end of year2023-12-31$142,648
Total non interest bearing cash at beginning of year2023-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Income. Non cash contributions2023-12-31$0
Value of net income/loss2023-12-31$-61,554
Value of net assets at end of year (total assets less liabilities)2023-12-31$1,750,035
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$1,811,589
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Assets. partnership/joint venture interests at end of year2023-12-31$0
Assets. partnership/joint venture interests at beginning of year2023-12-31$0
Investment advisory and management fees2023-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$1,607,345
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$1,311,147
Value of interest in pooled separate accounts at end of year2023-12-31$0
Value of interest in pooled separate accounts at beginning of year2023-12-31$0
Interest on participant loans2023-12-31$0
Income. Interest from loans (other than to participants)2023-12-31$0
Interest earned on other investments2023-12-31$0
Income. Interest from US Government securities2023-12-31$0
Income. Interest from corporate debt instruments2023-12-31$0
Value of interest in master investment trust accounts at end of year2023-12-31$0
Value of interest in master investment trust accounts at beginning of year2023-12-31$0
Value of interest in common/collective trusts at end of year2023-12-31$0
Value of interest in common/collective trusts at beginning of year2023-12-31$500,442
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2023-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2023-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2023-12-31$0
Assets. Value of investments in 103.12 investment entities at end of year2023-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2023-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2023-12-31$0
Asset value of US Government securities at end of year2023-12-31$0
Asset value of US Government securities at beginning of year2023-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$177,728
Net investment gain/loss from pooled separate accounts2023-12-31$0
Net investment gain or loss from common/collective trusts2023-12-31$0
Net gain/loss from 103.12 investment entities2023-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31Yes
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Assets. Invements in employer securities at end of year2023-12-31$0
Assets. Invements in employer securities at beginning of year2023-12-31$0
Assets. Value of employer real property at end of year2023-12-31$0
Assets. Value of employer real property at beginning of year2023-12-31$0
Contributions received in cash from employer2023-12-31$0
Employer contributions (assets) at end of year2023-12-31$0
Employer contributions (assets) at beginning of year2023-12-31$0
Income. Dividends from preferred stock2023-12-31$0
Income. Dividends from common stock2023-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$874,638
Asset. Corporate debt instrument preferred debt at end of year2023-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2023-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2023-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2023-12-31$0
Contract administrator fees2023-12-31$0
Assets. Corporate common stocks other than exployer securities at end of year2023-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2023-12-31$0
Liabilities. Value of benefit claims payable at end of year2023-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2023-12-31$0
Assets. Value of buildings and other operty used in plan operation at end of year2023-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2023-12-31$0
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Aggregate proceeds on sale of assets2023-12-31$0
Aggregate carrying amount (costs) on sale of assets2023-12-31$0
Liabilities. Value of acquisition indebtedness at end of year2023-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2023-12-31$0
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31METZ CPA, PLLC
Accountancy firm EIN2023-12-31464558541
2022 : KAIZEN AUTO GROUP 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$0
Total transfer of assets from this plan2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$745,727
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$314,720
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$301,710
Expenses. Certain deemed distributions of participant loans2022-12-31$672
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,033,715
Value of total assets at end of year2022-12-31$1,811,589
Value of total assets at beginning of year2022-12-31$1,380,582
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$12,338
Total interest from all sources2022-12-31$672
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$94,163
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$94,163
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$139,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$517,059
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$516,656
Other income not declared elsewhere2022-12-31$14
Administrative expenses (other) incurred2022-12-31$12,338
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$431,007
Value of net assets at end of year (total assets less liabilities)2022-12-31$1,811,589
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$1,380,582
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$1,311,147
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$1,356,854
Interest on participant loans2022-12-31$672
Value of interest in common/collective trusts at end of year2022-12-31$500,442
Value of interest in common/collective trusts at beginning of year2022-12-31$23,728
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-384,745
Net investment gain or loss from common/collective trusts2022-12-31$1,908
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$301,710
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31ROGERS CLEM & COMPANY
Accountancy firm EIN2022-12-31952694521
2021 : KAIZEN AUTO GROUP 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets to this plan2021-12-31$0
Total transfer of assets from this plan2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$651,243
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$81,168
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$78,062
Expenses. Certain deemed distributions of participant loans2021-12-31$1,507
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$526,284
Value of total assets at end of year2021-12-31$1,380,582
Value of total assets at beginning of year2021-12-31$810,507
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$1,599
Total interest from all sources2021-12-31$1,507
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$98,259
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$98,259
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$82,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$367,379
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$158,905
Other income not declared elsewhere2021-12-31$199
Administrative expenses (other) incurred2021-12-31$1,599
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$570,075
Value of net assets at end of year (total assets less liabilities)2021-12-31$1,380,582
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$810,507
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$1,356,854
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$787,990
Interest on participant loans2021-12-31$1,507
Value of interest in common/collective trusts at end of year2021-12-31$23,728
Value of interest in common/collective trusts at beginning of year2021-12-31$22,517
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$24,846
Net investment gain or loss from common/collective trusts2021-12-31$148
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$78,062
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31ROGERS CLEM & COMPANY
Accountancy firm EIN2021-12-31952694521
2020 : KAIZEN AUTO GROUP 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$0
Total transfer of assets from this plan2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$309,751
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$218,755
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$212,970
Expenses. Certain deemed distributions of participant loans2020-12-31$1,417
Value of total corrective distributions2020-12-31$2,947
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$206,536
Value of total assets at end of year2020-12-31$810,507
Value of total assets at beginning of year2020-12-31$719,511
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$1,421
Total interest from all sources2020-12-31$1,417
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$36,741
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$36,741
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$72,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$206,536
Other income not declared elsewhere2020-12-31$45
Administrative expenses (other) incurred2020-12-31$1,421
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$90,996
Value of net assets at end of year (total assets less liabilities)2020-12-31$810,507
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$719,511
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$787,990
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$691,041
Interest on participant loans2020-12-31$1,417
Value of interest in common/collective trusts at end of year2020-12-31$22,517
Value of interest in common/collective trusts at beginning of year2020-12-31$28,470
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$64,634
Net investment gain or loss from common/collective trusts2020-12-31$378
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$212,970
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31ROGERS, CLEM & COMPANY
Accountancy firm EIN2020-12-31952694521
2019 : KAIZEN AUTO GROUP 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$0
Total transfer of assets to this plan2019-12-31$0
Total transfer of assets from this plan2019-12-31$0
Total transfer of assets from this plan2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$283,738
Total income from all sources (including contributions)2019-12-31$283,738
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$87,875
Total of all expenses incurred2019-12-31$87,875
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$84,645
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$84,645
Expenses. Certain deemed distributions of participant loans2019-12-31$1,325
Expenses. Certain deemed distributions of participant loans2019-12-31$1,325
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$165,504
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$165,504
Value of total assets at end of year2019-12-31$719,511
Value of total assets at end of year2019-12-31$719,511
Value of total assets at beginning of year2019-12-31$523,648
Value of total assets at beginning of year2019-12-31$523,648
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$1,905
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$1,905
Total interest from all sources2019-12-31$1,316
Total interest from all sources2019-12-31$1,316
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$32,630
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$32,630
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$32,630
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$32,630
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$53,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$165,504
Contributions received from participants2019-12-31$165,504
Participant contributions at beginning of year2019-12-31$88
Participant contributions at beginning of year2019-12-31$88
Other income not declared elsewhere2019-12-31$132
Other income not declared elsewhere2019-12-31$132
Administrative expenses (other) incurred2019-12-31$1,905
Administrative expenses (other) incurred2019-12-31$1,905
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$195,863
Value of net income/loss2019-12-31$195,863
Value of net assets at end of year (total assets less liabilities)2019-12-31$719,511
Value of net assets at end of year (total assets less liabilities)2019-12-31$719,511
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$523,648
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$523,648
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$691,041
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$691,041
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$507,154
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$507,154
Interest on participant loans2019-12-31$1,316
Interest on participant loans2019-12-31$1,316
Value of interest in common/collective trusts at end of year2019-12-31$28,470
Value of interest in common/collective trusts at end of year2019-12-31$28,470
Value of interest in common/collective trusts at beginning of year2019-12-31$16,406
Value of interest in common/collective trusts at beginning of year2019-12-31$16,406
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$83,751
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$83,751
Net investment gain or loss from common/collective trusts2019-12-31$405
Net investment gain or loss from common/collective trusts2019-12-31$405
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$84,645
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$84,645
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31ROGERS, CLEM & COMPANY
Accountancy firm name2019-12-31ROGERS, CLEM & COMPANY
Accountancy firm EIN2019-12-31952694521
Accountancy firm EIN2019-12-31952694521
2018 : KAIZEN AUTO GROUP 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets to this plan2018-12-31$0
Total transfer of assets from this plan2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$139,075
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$330,764
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$327,537
Expenses. Certain deemed distributions of participant loans2018-12-31$1,300
Value of total corrective distributions2018-12-31$324
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$170,172
Value of total assets at end of year2018-12-31$523,648
Value of total assets at beginning of year2018-12-31$715,337
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$1,603
Total interest from all sources2018-12-31$1,321
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$36,516
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$36,516
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$72,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$170,172
Participant contributions at end of year2018-12-31$88
Participant contributions at beginning of year2018-12-31$1,297
Other income not declared elsewhere2018-12-31$7
Administrative expenses (other) incurred2018-12-31$1,603
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-191,689
Value of net assets at end of year (total assets less liabilities)2018-12-31$523,648
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$715,337
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$507,154
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$536,463
Interest on participant loans2018-12-31$1,321
Value of interest in common/collective trusts at end of year2018-12-31$16,406
Value of interest in common/collective trusts at beginning of year2018-12-31$177,577
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-69,466
Net investment gain or loss from common/collective trusts2018-12-31$525
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$327,537
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31ROGERS, CLEM & COMPANY
Accountancy firm EIN2018-12-31952694521
2017 : KAIZEN AUTO GROUP 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total transfer of assets to this plan2017-12-31$0
Total transfer of assets from this plan2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$289,877
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$190,950
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$187,581
Expenses. Certain deemed distributions of participant loans2017-12-31$1,444
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$195,226
Value of total assets at end of year2017-12-31$715,337
Value of total assets at beginning of year2017-12-31$616,410
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$1,925
Total interest from all sources2017-12-31$1,569
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$23,642
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$23,642
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$62,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$154,514
Participant contributions at end of year2017-12-31$1,297
Participant contributions at beginning of year2017-12-31$3,759
Other income not declared elsewhere2017-12-31$3
Administrative expenses (other) incurred2017-12-31$1,925
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$98,927
Value of net assets at end of year (total assets less liabilities)2017-12-31$715,337
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$616,410
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$536,463
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$473,272
Interest on participant loans2017-12-31$1,569
Value of interest in common/collective trusts at end of year2017-12-31$177,577
Value of interest in common/collective trusts at beginning of year2017-12-31$139,379
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$67,997
Net investment gain or loss from common/collective trusts2017-12-31$1,440
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$40,712
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$187,581
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31ROGERS, CLEM & COMPANY
Accountancy firm EIN2017-12-31952694521

Form 5500 Responses for KAIZEN AUTO GROUP 401(K) PLAN

2023: KAIZEN AUTO GROUP 401(K) PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: KAIZEN AUTO GROUP 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: KAIZEN AUTO GROUP 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: KAIZEN AUTO GROUP 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: KAIZEN AUTO GROUP 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: KAIZEN AUTO GROUP 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: KAIZEN AUTO GROUP 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes

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