401k Plan data: WESTERN SLOPE AUTO COMPANY 401K PLAN plan

WESTERN SLOPE AUTO COMPANY 401K PLAN 401k Plan overview

Plan Name	WESTERN SLOPE AUTO COMPANY 401K PLAN
Plan identification number	001

WESTERN SLOPE AUTO COMPANY 401K 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

WESTERN SLOPE AUTO COMPANY has sponsored the creation of one or more 401k plans.

Company Name: WESTERN SLOPE AUTO COMPANY

Employer identification number (EIN): 840350920

NAIC Classification: 441110
NAIC Description: New Car Dealers

Additional information about WESTERN SLOPE AUTO COMPANY

Jurisdiction of Incorporation: Colorado Department of State

Incorporation Date: 1930-01-29

Company Identification Number: 19871091210

Legal Registered Office Address: 2264 Highway 6 and 50

Grand Junction
United States of America (USA)
81505

More information about WESTERN SLOPE AUTO COMPANY

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WESTERN SLOPE AUTO COMPANY 401K 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 TRACY NOLAND 2020-04-28
001 2018-01-01 TRACY NOLAND 2019-06-03
001 2017-01-01 TRACY NOLAND 2018-09-17
001 2016-01-01 TRACY NOLAND 2017-09-26
001 2015-01-01 TRACY NOLAND 2016-07-26
001 2014-01-01 TRACY NOLAND 2015-07-24
001 2013-01-01 TRACY NOLAND 2014-10-08
001 2012-01-01 TRACY NOLAND 2013-09-11 G. MICHAEL FERRIS 2013-09-11
001 2011-01-01 TRACY NOLAND 2012-07-19 G MICHAEL FERRIS 2012-07-19
001 2010-01-01 TRACY NOLAND 2011-07-14 G MICHAEL FERRIS 2011-07-18

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	TRACY NOLAND	2020-04-28
001	2018-01-01	TRACY NOLAND	2019-06-03
001	2017-01-01	TRACY NOLAND	2018-09-17
001	2016-01-01	TRACY NOLAND	2017-09-26
001	2015-01-01	TRACY NOLAND	2016-07-26
001	2014-01-01	TRACY NOLAND	2015-07-24
001	2013-01-01	TRACY NOLAND	2014-10-08
001	2012-01-01	TRACY NOLAND	2013-09-11	G. MICHAEL FERRIS	2013-09-11
001	2011-01-01	TRACY NOLAND	2012-07-19	G MICHAEL FERRIS	2012-07-19
001	2010-01-01	TRACY NOLAND	2011-07-14	G MICHAEL FERRIS	2011-07-18

Plan Statistics for WESTERN SLOPE AUTO COMPANY 401K PLAN

401k plan membership statisitcs for WESTERN SLOPE AUTO COMPANY 401K PLAN

Measure Date Value
2023: WESTERN SLOPE AUTO COMPANY 401K PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 137
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 132
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 19
Total of all active and inactive participants 2023-01-01 151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 151
Number of participants with account balances 2023-01-01 126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 10
2022: WESTERN SLOPE AUTO COMPANY 401K PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 132
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 117
Number of retired or separated participants receiving benefits 2022-01-01 5
Number of other retired or separated participants entitled to future benefits 2022-01-01 11
Total of all active and inactive participants 2022-01-01 133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 133
Number of participants with account balances 2022-01-01 107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 13
2021: WESTERN SLOPE AUTO COMPANY 401K PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 120
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 110
Number of retired or separated participants receiving benefits 2021-01-01 4
Number of other retired or separated participants entitled to future benefits 2021-01-01 17
Total of all active and inactive participants 2021-01-01 131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 131
Number of participants with account balances 2021-01-01 112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 8
2020: WESTERN SLOPE AUTO COMPANY 401K PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 122
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 112
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 8
Total of all active and inactive participants 2020-01-01 120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 120
Number of participants with account balances 2020-01-01 96
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 9

Measure	Date	Value
2023: WESTERN SLOPE AUTO COMPANY 401K PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	137
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	132
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	19
Total of all active and inactive participants	2023-01-01	151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	151
Number of participants with account balances	2023-01-01	126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	10
2022: WESTERN SLOPE AUTO COMPANY 401K PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	132
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	117
Number of retired or separated participants receiving benefits	2022-01-01	5
Number of other retired or separated participants entitled to future benefits	2022-01-01	11
Total of all active and inactive participants	2022-01-01	133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	133
Number of participants with account balances	2022-01-01	107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	13
2021: WESTERN SLOPE AUTO COMPANY 401K PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	120
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	110
Number of retired or separated participants receiving benefits	2021-01-01	4
Number of other retired or separated participants entitled to future benefits	2021-01-01	17
Total of all active and inactive participants	2021-01-01	131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	131
Number of participants with account balances	2021-01-01	112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	8
2020: WESTERN SLOPE AUTO COMPANY 401K PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	122
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	112
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	8
Total of all active and inactive participants	2020-01-01	120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	120
Number of participants with account balances	2020-01-01	96
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	9

Financial Data on WESTERN SLOPE AUTO COMPANY 401K PLAN

Measure	Date	Value
2023 : WESTERN SLOPE AUTO COMPANY 401K PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets	2023-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$55,015
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
Total income from all sources (including contributions)	2023-12-31	$1,850,032
Total loss/gain on sale of assets	2023-12-31	$0
Total of all expenses incurred	2023-12-31	$564,445
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$455,961
Value of total corrective distributions	2023-12-31	$65,596
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$838,283
Value of total assets at end of year	2023-12-31	$7,056,038
Value of total assets at beginning of year	2023-12-31	$5,715,436
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$42,888
Total interest from all sources	2023-12-31	$10,619
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$103,483
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	$103,483
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	Yes
Were there any nonexempt tranactions with any party-in-interest	2023-12-31	No
Contributions received from participants	2023-12-31	$506,252
Participant contributions at end of year	2023-12-31	$195,542
Participant contributions at beginning of year	2023-12-31	$149,110
Assets. Other investments not covered elsewhere at end of year	2023-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$35,764
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2023-12-31	$-89
Other income not declared elsewhere	2023-12-31	$2
Administrative expenses (other) incurred	2023-12-31	$2
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	$1,285,587
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$7,001,023
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$5,715,436
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2023-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2023-12-31	No
Were any leases to which the plan was party in default or uncollectible	2023-12-31	No
Investment advisory and management fees	2023-12-31	$14,707
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$6,617,709
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$5,354,334
Interest on participant loans	2023-12-31	$10,619
Income. Interest from loans (other than to participants)	2023-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2023-12-31	$87,405
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2023-12-31	$96,391
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2023-12-31	$96,391
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$897,645
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	Yes
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	$296,267
Employer contributions (assets) at end of year	2023-12-31	$155,382
Employer contributions (assets) at beginning of year	2023-12-31	$115,601
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$456,050
Contract administrator fees	2023-12-31	$19,479
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2023-12-31	Yes
Liabilities. Value of benefit claims payable at end of year	2023-12-31	$55,015
Did the plan have assets held for investment	2023-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2023-12-31	No
Opinion of an independent qualified public accountant for this plan	2023-12-31	Unqualified
Accountancy firm name	2023-12-31	DWC
Accountancy firm EIN	2023-12-31	840795096
2022 : WESTERN SLOPE AUTO COMPANY 401K PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total transfer of assets from this plan	2022-12-31	$6,728
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	$-504,749
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$314,536
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$250,759
Value of total corrective distributions	2022-12-31	$13,477
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$663,580
Value of total assets at end of year	2022-12-31	$5,715,436
Value of total assets at beginning of year	2022-12-31	$6,541,449
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$50,300
Total interest from all sources	2022-12-31	$7,860
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$336,048
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	$336,048
Administrative expenses professional fees incurred	2022-12-31	$17,913
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	$429,399
Participant contributions at end of year	2022-12-31	$149,110
Participant contributions at beginning of year	2022-12-31	$174,579
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	$-819,285
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$5,715,436
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$6,541,449
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Investment advisory and management fees	2022-12-31	$14,000
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$5,354,334
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$6,152,680
Interest on participant loans	2022-12-31	$7,860
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$96,391
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$86,703
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$86,703
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-1,512,237
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	Yes
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	$234,181
Employer contributions (assets) at end of year	2022-12-31	$115,601
Employer contributions (assets) at beginning of year	2022-12-31	$127,487
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$250,759
Contract administrator fees	2022-12-31	$18,387
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	DWC
Accountancy firm EIN	2022-12-31	840795096
2021 : WESTERN SLOPE AUTO COMPANY 401K PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$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	$60,951
Total income from all sources (including contributions)	2021-12-31	$1,558,945
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$2,765,264
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$2,706,218
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$683,347
Value of total assets at end of year	2021-12-31	$6,541,449
Value of total assets at beginning of year	2021-12-31	$7,808,719
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$59,046
Total interest from all sources	2021-12-31	$11,603
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$361,872
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	$361,872
Administrative expenses professional fees incurred	2021-12-31	$21,204
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
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$429,865
Participant contributions at end of year	2021-12-31	$174,579
Participant contributions at beginning of year	2021-12-31	$161,276
Value of other receiveables (less allowance for doubtful accounts) at end of year	2021-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2021-12-31	$9,521
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2021-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2021-12-31	$10,062
Total non interest bearing cash at end of year	2021-12-31	$0
Total non interest bearing cash at beginning of year	2021-12-31	$834
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	$-1,206,319
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$6,541,449
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$7,747,768
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
Investment advisory and management fees	2021-12-31	$17,604
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$6,152,680
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$6,250,827
Interest on participant loans	2021-12-31	$11,603
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$86,703
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$1,277,542
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$1,277,542
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$502,123
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	Yes
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	$253,482
Employer contributions (assets) at end of year	2021-12-31	$127,487
Employer contributions (assets) at beginning of year	2021-12-31	$108,719
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$2,706,218
Contract administrator fees	2021-12-31	$20,238
Liabilities. Value of benefit claims payable at end of year	2021-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2021-12-31	$50,889
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	Unqualified
Accountancy firm name	2021-12-31	DALBY, WENDLAND & CO., P.C.
Accountancy firm EIN	2021-12-31	840795096
2020 : WESTERN SLOPE AUTO COMPANY 401K PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$60,951
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	$1,654,246
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$387,567
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$269,406
Value of total corrective distributions	2020-12-31	$83,947
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$670,916
Value of total assets at end of year	2020-12-31	$7,808,719
Value of total assets at beginning of year	2020-12-31	$6,481,089
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$34,214
Total interest from all sources	2020-12-31	$15,973
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$231,006
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$231,006
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
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$368,344
Participant contributions at end of year	2020-12-31	$161,276
Participant contributions at beginning of year	2020-12-31	$256,216
Value of other receiveables (less allowance for doubtful accounts) at end of year	2020-12-31	$9,521
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2020-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2020-12-31	$10,062
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2020-12-31	$0
Total non interest bearing cash at end of year	2020-12-31	$834
Total non interest bearing cash at beginning of year	2020-12-31	$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	2020-12-31	No
Value of net income/loss	2020-12-31	$1,266,679
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$7,747,768
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$6,481,089
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
Investment advisory and management fees	2020-12-31	$15,265
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$6,250,827
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$6,224,873
Interest on participant loans	2020-12-31	$15,973
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$1,277,542
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$736,351
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	$302,572
Employer contributions (assets) at end of year	2020-12-31	$108,719
Employer contributions (assets) at beginning of year	2020-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$269,406
Contract administrator fees	2020-12-31	$18,949
Liabilities. Value of benefit claims payable at end of year	2020-12-31	$50,889
Liabilities. Value of benefit claims payable at beginning of year	2020-12-31	$0
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	DALBY, WENDLAND & CO., P.C.
Accountancy firm EIN	2020-12-31	840795096

Form 5500 Responses for WESTERN SLOPE AUTO COMPANY 401K PLAN

2023: WESTERN SLOPE AUTO COMPANY 401K PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: WESTERN SLOPE AUTO COMPANY 401K PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: WESTERN SLOPE AUTO COMPANY 401K PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: WESTERN SLOPE AUTO COMPANY 401K PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	WESTERN SLOPE AUTO COMPANY
Employer identification number (EIN):	840350920
NAIC Classification:	441110
NAIC Description:	New Car Dealers

Jurisdiction of Incorporation:	Colorado Department of State
Incorporation Date:	1930-01-29
Company Identification Number:	19871091210
Legal Registered Office Address:	2264 Highway 6 and 50 Grand Junction United States of America (USA) 81505