Plan Name | FORMULA FORD, INC. 401K PLAN |
Plan identification number | 001 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
|
Company Name: | FORMULA FORD, INC. |
Employer identification number (EIN): | 030320775 |
NAIC Classification: | 441110 |
NAIC Description: | New Car Dealers |
Additional information about FORMULA FORD, INC.
Jurisdiction of Incorporation: | Vermont Secretary of State Corporations Division |
Incorporation Date: | 1989-05-31 |
Company Identification Number: | 103774 |
Legal Registered Office Address: |
76 ST. PAUL STREET, 7TH FLOOR BURLINGTON United States of America (USA) 05401 |
More information about FORMULA FORD, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2023-01-01 | MARIE ROCK | 2024-07-18 | ||
001 | 2022-01-01 | MARIE ROCK | 2023-11-14 | MARIE ROCK | 2023-11-14 |
001 | 2021-01-01 | MARIE ROCK | 2022-10-10 | MARIE ROCK | 2022-10-10 |
001 | 2020-01-01 | MARIE ROCK | 2021-10-14 | MARIE ROCK | 2021-10-14 |
001 | 2019-01-01 | ||||
001 | 2018-01-01 | MARIE ROCK | |||
001 | 2017-01-01 | MARIE ROCK | |||
001 | 2016-01-01 | MARIE ROCK | |||
001 | 2015-01-01 | MARIE ROCK | |||
001 | 2014-01-01 | MARIE ROCK | |||
001 | 2013-01-01 | MARIE ROCK | |||
001 | 2012-01-01 | MARIE ROCK | |||
001 | 2011-01-01 | MARIE ROCK | |||
001 | 2010-01-01 | MARIE ROCK | |||
001 | 2009-01-01 | MARIE ROCK |
Measure | Date | Value |
---|---|---|
2022: FORMULA FORD, INC. 401K PLAN 2022 401k membership | ||
Total participants, beginning-of-year | 2022-01-01 | 104 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 75 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 34 |
Total of all active and inactive participants | 2022-01-01 | 109 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
Total participants | 2022-01-01 | 109 |
Number of participants with account balances | 2022-01-01 | 63 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
2021: FORMULA FORD, INC. 401K PLAN 2021 401k membership | ||
Total participants, beginning-of-year | 2021-01-01 | 129 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 57 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 39 |
Total of all active and inactive participants | 2021-01-01 | 96 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
Total participants | 2021-01-01 | 96 |
Number of participants with account balances | 2021-01-01 | 66 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
2020: FORMULA FORD, INC. 401K PLAN 2020 401k membership | ||
Total participants, beginning-of-year | 2020-01-01 | 132 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 94 |
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 | 34 |
Total of all active and inactive participants | 2020-01-01 | 128 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 0 |
Total participants | 2020-01-01 | 128 |
Number of participants with account balances | 2020-01-01 | 79 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 0 |
2018: FORMULA FORD, INC. 401K PLAN 2018 401k membership | ||
Total participants, beginning-of-year | 2018-01-01 | 71 |
Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 43 |
Number of retired or separated participants receiving benefits | 2018-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 19 |
Total of all active and inactive participants | 2018-01-01 | 62 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 0 |
Total participants | 2018-01-01 | 62 |
Number of participants with account balances | 2018-01-01 | 43 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-01-01 | 0 |
2017: FORMULA FORD, INC. 401K PLAN 2017 401k membership | ||
Total participants, beginning-of-year | 2017-01-01 | 68 |
Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 53 |
Number of retired or separated participants receiving benefits | 2017-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 18 |
Total of all active and inactive participants | 2017-01-01 | 71 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 0 |
Total participants | 2017-01-01 | 71 |
Number of participants with account balances | 2017-01-01 | 43 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 0 |
2016: FORMULA FORD, INC. 401K PLAN 2016 401k membership | ||
Total participants, beginning-of-year | 2016-01-01 | 74 |
Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 51 |
Number of retired or separated participants receiving benefits | 2016-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 17 |
Total of all active and inactive participants | 2016-01-01 | 68 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 0 |
Total participants | 2016-01-01 | 68 |
Number of participants with account balances | 2016-01-01 | 43 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 0 |
2015: FORMULA FORD, INC. 401K PLAN 2015 401k membership | ||
Total participants, beginning-of-year | 2015-01-01 | 80 |
Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 58 |
Number of retired or separated participants receiving benefits | 2015-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 16 |
Total of all active and inactive participants | 2015-01-01 | 74 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 0 |
Total participants | 2015-01-01 | 74 |
Number of participants with account balances | 2015-01-01 | 39 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-01-01 | 0 |
2014: FORMULA FORD, INC. 401K PLAN 2014 401k membership | ||
Total participants, beginning-of-year | 2014-01-01 | 62 |
Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 61 |
Number of retired or separated participants receiving benefits | 2014-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 19 |
Total of all active and inactive participants | 2014-01-01 | 80 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 0 |
Total participants | 2014-01-01 | 80 |
Number of participants with account balances | 2014-01-01 | 42 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 0 |
2013: FORMULA FORD, INC. 401K PLAN 2013 401k membership | ||
Total participants, beginning-of-year | 2013-01-01 | 71 |
Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 44 |
Number of retired or separated participants receiving benefits | 2013-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 18 |
Total of all active and inactive participants | 2013-01-01 | 62 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 0 |
Total participants | 2013-01-01 | 62 |
Number of participants with account balances | 2013-01-01 | 40 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 0 |
2012: FORMULA FORD, INC. 401K PLAN 2012 401k membership | ||
Total participants, beginning-of-year | 2012-01-01 | 66 |
Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 57 |
Number of retired or separated participants receiving benefits | 2012-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 14 |
Total of all active and inactive participants | 2012-01-01 | 71 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 0 |
Total participants | 2012-01-01 | 71 |
Number of participants with account balances | 2012-01-01 | 39 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 0 |
2011: FORMULA FORD, INC. 401K PLAN 2011 401k membership | ||
Total participants, beginning-of-year | 2011-01-01 | 71 |
Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 52 |
Number of retired or separated participants receiving benefits | 2011-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 14 |
Total of all active and inactive participants | 2011-01-01 | 66 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 0 |
Total participants | 2011-01-01 | 66 |
Number of participants with account balances | 2011-01-01 | 42 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 0 |
2010: FORMULA FORD, INC. 401K PLAN 2010 401k membership | ||
Total participants, beginning-of-year | 2010-01-01 | 63 |
Total number of active participants reported on line 7a of the Form 5500 | 2010-01-01 | 56 |
Number of retired or separated participants receiving benefits | 2010-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2010-01-01 | 15 |
Total of all active and inactive participants | 2010-01-01 | 71 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2010-01-01 | 0 |
Total participants | 2010-01-01 | 71 |
Number of participants with account balances | 2010-01-01 | 41 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2010-01-01 | 0 |
2009: FORMULA FORD, INC. 401K PLAN 2009 401k membership | ||
Total participants, beginning-of-year | 2009-01-01 | 55 |
Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 52 |
Number of retired or separated participants receiving benefits | 2009-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 11 |
Total of all active and inactive participants | 2009-01-01 | 63 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 0 |
Total participants | 2009-01-01 | 63 |
Number of participants with account balances | 2009-01-01 | 30 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 0 |
Measure | Date | Value |
---|---|---|
2022 : FORMULA FORD, INC. 401K PLAN 2022 401k financial data | ||
Total income from all sources (including contributions) | 2022-12-31 | $-532,342 |
Total of all expenses incurred | 2022-12-31 | $873,884 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $831,056 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $315,147 |
Value of total assets at end of year | 2022-12-31 | $4,227,036 |
Value of total assets at beginning of year | 2022-12-31 | $5,633,262 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $42,828 |
Total interest from all sources | 2022-12-31 | $9,532 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $201,113 |
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 | $201,113 |
Administrative expenses professional fees incurred | 2022-12-31 | $13,492 |
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 | $208,662 |
Participant contributions at end of year | 2022-12-31 | $25,518 |
Participant contributions at beginning of year | 2022-12-31 | $31,107 |
Participant contributions at end of year | 2022-12-31 | $105 |
Participant contributions at beginning of year | 2022-12-31 | $92 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $66,240 |
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 | $-1,406,226 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $4,227,036 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $5,633,262 |
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 | $13,748 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $3,721,437 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $5,076,289 |
Interest on participant loans | 2022-12-31 | $1,864 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $479,951 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $525,751 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $525,751 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $7,668 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,058,134 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $40,245 |
Employer contributions (assets) at end of year | 2022-12-31 | $25 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $23 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $831,056 |
Contract administrator fees | 2022-12-31 | $15,588 |
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 | MCSOLEY MCCOY & CO. |
Accountancy firm EIN | 2022-12-31 | 030327374 |
2021 : FORMULA FORD, INC. 401K PLAN 2021 401k financial data | ||
Total income from all sources (including contributions) | 2021-12-31 | $1,134,945 |
Total of all expenses incurred | 2021-12-31 | $230,686 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $180,466 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $424,142 |
Value of total assets at end of year | 2021-12-31 | $5,633,262 |
Value of total assets at beginning of year | 2021-12-31 | $4,729,003 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $50,220 |
Total interest from all sources | 2021-12-31 | $2,755 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $285,523 |
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 | $285,523 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $252,186 |
Participant contributions at end of year | 2021-12-31 | $31,107 |
Participant contributions at beginning of year | 2021-12-31 | $46,576 |
Participant contributions at end of year | 2021-12-31 | $92 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $123,644 |
Administrative expenses (other) incurred | 2021-12-31 | $50,220 |
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 | $904,259 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $5,633,262 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $4,729,003 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $5,076,289 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $4,148,377 |
Interest on participant loans | 2021-12-31 | $2,700 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $525,751 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $534,050 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $534,050 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $55 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $422,525 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $48,312 |
Employer contributions (assets) at end of year | 2021-12-31 | $23 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $180,466 |
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 | MCSOLEY MCCOY & CO. |
Accountancy firm EIN | 2021-12-31 | 030327374 |
2020 : FORMULA FORD, INC. 401K PLAN 2020 401k financial data | ||
Total income from all sources (including contributions) | 2020-12-31 | $1,328,869 |
Total of all expenses incurred | 2020-12-31 | $108,720 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $75,719 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $9,149 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $619,968 |
Value of total assets at end of year | 2020-12-31 | $4,729,003 |
Value of total assets at beginning of year | 2020-12-31 | $3,508,854 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $23,852 |
Total interest from all sources | 2020-12-31 | $6,515 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $157,184 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $157,184 |
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 | $251,818 |
Participant contributions at end of year | 2020-12-31 | $46,576 |
Participant contributions at beginning of year | 2020-12-31 | $37,748 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $320,809 |
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 | $1,220,149 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $4,729,003 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $3,508,854 |
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 | $23,852 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $4,148,377 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $3,471,106 |
Interest on participant loans | 2020-12-31 | $4,141 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $534,050 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $2,374 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $545,202 |
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 | $47,341 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $75,719 |
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 | MCSOLEY MCCOY & CO. |
Accountancy firm EIN | 2020-12-31 | 030327374 |
2018 : FORMULA FORD, INC. 401K PLAN 2018 401k financial data | ||
Transfers to/from the plan | 2018-12-31 | $0 |
Total plan liabilities at end of year | 2018-12-31 | $0 |
Total plan liabilities at beginning of year | 2018-12-31 | $0 |
Total income from all sources | 2018-12-31 | $35,596 |
Expenses. Total of all expenses incurred | 2018-12-31 | $189,954 |
Benefits paid (including direct rollovers) | 2018-12-31 | $189,804 |
Total plan assets at end of year | 2018-12-31 | $2,259,637 |
Total plan assets at beginning of year | 2018-12-31 | $2,413,995 |
Value of fidelity bond covering the plan | 2018-12-31 | $400,000 |
Total contributions received or receivable from participants | 2018-12-31 | $120,624 |
Expenses. Other expenses not covered elsewhere | 2018-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2018-12-31 | $0 |
Other income received | 2018-12-31 | $-109,240 |
Noncash contributions received | 2018-12-31 | $0 |
Net income (gross income less expenses) | 2018-12-31 | $-154,358 |
Net plan assets at end of year (total assets less liabilities) | 2018-12-31 | $2,259,637 |
Net plan assets at beginning of year (total assets less liabilities) | 2018-12-31 | $2,413,995 |
Assets. Value of participant loans | 2018-12-31 | $44,718 |
Total contributions received or receivable from employer(s) | 2018-12-31 | $24,212 |
Value of certain deemed distributions of participant loans | 2018-12-31 | $0 |
Value of corrective distributions | 2018-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2018-12-31 | $150 |
2017 : FORMULA FORD, INC. 401K PLAN 2017 401k financial data | ||
Transfers to/from the plan | 2017-12-31 | $0 |
Total plan liabilities at end of year | 2017-12-31 | $0 |
Total plan liabilities at beginning of year | 2017-12-31 | $0 |
Total income from all sources | 2017-12-31 | $440,177 |
Expenses. Total of all expenses incurred | 2017-12-31 | $195,465 |
Benefits paid (including direct rollovers) | 2017-12-31 | $190,989 |
Total plan assets at end of year | 2017-12-31 | $2,413,995 |
Total plan assets at beginning of year | 2017-12-31 | $2,169,283 |
Value of fidelity bond covering the plan | 2017-12-31 | $400,000 |
Assets. Value of tangible personal property | 2017-12-31 | $0 |
Total contributions received or receivable from participants | 2017-12-31 | $106,983 |
Assets. Value of loans (other than to participants) | 2017-12-31 | $0 |
Expenses. Other expenses not covered elsewhere | 2017-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2017-12-31 | $0 |
Other income received | 2017-12-31 | $310,783 |
Noncash contributions received | 2017-12-31 | $0 |
Net income (gross income less expenses) | 2017-12-31 | $244,712 |
Net plan assets at end of year (total assets less liabilities) | 2017-12-31 | $2,413,995 |
Net plan assets at beginning of year (total assets less liabilities) | 2017-12-31 | $2,169,283 |
Assets. Value of participant loans | 2017-12-31 | $34,381 |
Assets. Value of assets in partnership/joint-venture interests | 2017-12-31 | $0 |
Assets. Value of real-estate (other than employer real property) | 2017-12-31 | $0 |
Assets. Value of employer securities | 2017-12-31 | $0 |
Assets. Value of employer real property | 2017-12-31 | $0 |
Total contributions received or receivable from employer(s) | 2017-12-31 | $22,411 |
Value of certain deemed distributions of participant loans | 2017-12-31 | $4,401 |
Value of corrective distributions | 2017-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2017-12-31 | $75 |
2016 : FORMULA FORD, INC. 401K PLAN 2016 401k financial data | ||
Transfers to/from the plan | 2016-12-31 | $0 |
Total plan liabilities at end of year | 2016-12-31 | $0 |
Total plan liabilities at beginning of year | 2016-12-31 | $0 |
Total income from all sources | 2016-12-31 | $236,218 |
Expenses. Total of all expenses incurred | 2016-12-31 | $108,439 |
Benefits paid (including direct rollovers) | 2016-12-31 | $76,668 |
Total plan assets at end of year | 2016-12-31 | $2,169,283 |
Total plan assets at beginning of year | 2016-12-31 | $2,041,504 |
Value of fidelity bond covering the plan | 2016-12-31 | $400,000 |
Total contributions received or receivable from participants | 2016-12-31 | $96,297 |
Expenses. Other expenses not covered elsewhere | 2016-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2016-12-31 | $0 |
Other income received | 2016-12-31 | $119,912 |
Noncash contributions received | 2016-12-31 | $0 |
Net income (gross income less expenses) | 2016-12-31 | $127,779 |
Net plan assets at end of year (total assets less liabilities) | 2016-12-31 | $2,169,283 |
Net plan assets at beginning of year (total assets less liabilities) | 2016-12-31 | $2,041,504 |
Assets. Value of participant loans | 2016-12-31 | $32,696 |
Total contributions received or receivable from employer(s) | 2016-12-31 | $20,009 |
Value of certain deemed distributions of participant loans | 2016-12-31 | $31,421 |
Value of corrective distributions | 2016-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2016-12-31 | $350 |
2015 : FORMULA FORD, INC. 401K PLAN 2015 401k financial data | ||
Transfers to/from the plan | 2015-12-31 | $0 |
Total plan liabilities at end of year | 2015-12-31 | $0 |
Total plan liabilities at beginning of year | 2015-12-31 | $0 |
Total income from all sources | 2015-12-31 | $132,529 |
Expenses. Total of all expenses incurred | 2015-12-31 | $107,240 |
Benefits paid (including direct rollovers) | 2015-12-31 | $106,965 |
Total plan assets at end of year | 2015-12-31 | $2,041,504 |
Total plan assets at beginning of year | 2015-12-31 | $2,016,215 |
Value of fidelity bond covering the plan | 2015-12-31 | $400,000 |
Total contributions received or receivable from participants | 2015-12-31 | $97,898 |
Expenses. Other expenses not covered elsewhere | 2015-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2015-12-31 | $0 |
Other income received | 2015-12-31 | $14,146 |
Noncash contributions received | 2015-12-31 | $0 |
Net income (gross income less expenses) | 2015-12-31 | $25,289 |
Net plan assets at end of year (total assets less liabilities) | 2015-12-31 | $2,041,504 |
Net plan assets at beginning of year (total assets less liabilities) | 2015-12-31 | $2,016,215 |
Assets. Value of participant loans | 2015-12-31 | $35,806 |
Total contributions received or receivable from employer(s) | 2015-12-31 | $20,485 |
Value of certain deemed distributions of participant loans | 2015-12-31 | $0 |
Value of corrective distributions | 2015-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2015-12-31 | $275 |
2014 : FORMULA FORD, INC. 401K PLAN 2014 401k financial data | ||
Transfers to/from the plan | 2014-12-31 | $0 |
Total plan liabilities at end of year | 2014-12-31 | $0 |
Total plan liabilities at beginning of year | 2014-12-31 | $0 |
Total income from all sources | 2014-12-31 | $240,300 |
Expenses. Total of all expenses incurred | 2014-12-31 | $11,502 |
Benefits paid (including direct rollovers) | 2014-12-31 | $11,327 |
Total plan assets at end of year | 2014-12-31 | $2,016,215 |
Total plan assets at beginning of year | 2014-12-31 | $1,787,417 |
Value of fidelity bond covering the plan | 2014-12-31 | $400,000 |
Total contributions received or receivable from participants | 2014-12-31 | $94,431 |
Expenses. Other expenses not covered elsewhere | 2014-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2014-12-31 | $0 |
Other income received | 2014-12-31 | $125,240 |
Noncash contributions received | 2014-12-31 | $0 |
Net income (gross income less expenses) | 2014-12-31 | $228,798 |
Net plan assets at end of year (total assets less liabilities) | 2014-12-31 | $2,016,215 |
Net plan assets at beginning of year (total assets less liabilities) | 2014-12-31 | $1,787,417 |
Assets. Value of participant loans | 2014-12-31 | $54,583 |
Total contributions received or receivable from employer(s) | 2014-12-31 | $20,629 |
Value of certain deemed distributions of participant loans | 2014-12-31 | $0 |
Value of corrective distributions | 2014-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2014-12-31 | $175 |
2013 : FORMULA FORD, INC. 401K PLAN 2013 401k financial data | ||
Transfers to/from the plan | 2013-12-31 | $0 |
Total plan liabilities at end of year | 2013-12-31 | $0 |
Total income from all sources | 2013-12-31 | $390,867 |
Expenses. Total of all expenses incurred | 2013-12-31 | $7,526 |
Benefits paid (including direct rollovers) | 2013-12-31 | $6,898 |
Total plan assets at end of year | 2013-12-31 | $1,787,417 |
Total plan assets at beginning of year | 2013-12-31 | $1,404,076 |
Value of fidelity bond covering the plan | 2013-12-31 | $400,000 |
Total contributions received or receivable from participants | 2013-12-31 | $86,610 |
Expenses. Other expenses not covered elsewhere | 2013-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2013-12-31 | $0 |
Other income received | 2013-12-31 | $285,604 |
Noncash contributions received | 2013-12-31 | $0 |
Net income (gross income less expenses) | 2013-12-31 | $383,341 |
Net plan assets at end of year (total assets less liabilities) | 2013-12-31 | $1,787,417 |
Net plan assets at beginning of year (total assets less liabilities) | 2013-12-31 | $1,404,076 |
Assets. Value of participant loans | 2013-12-31 | $61,697 |
Total contributions received or receivable from employer(s) | 2013-12-31 | $18,653 |
Value of certain deemed distributions of participant loans | 2013-12-31 | $0 |
Value of corrective distributions | 2013-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2013-12-31 | $628 |
2012 : FORMULA FORD, INC. 401K PLAN 2012 401k financial data | ||
Total income from all sources | 2012-12-31 | $250,925 |
Expenses. Total of all expenses incurred | 2012-12-31 | $59,794 |
Benefits paid (including direct rollovers) | 2012-12-31 | $58,626 |
Total plan assets at end of year | 2012-12-31 | $1,404,076 |
Total plan assets at beginning of year | 2012-12-31 | $1,212,945 |
Value of fidelity bond covering the plan | 2012-12-31 | $400,000 |
Total contributions received or receivable from participants | 2012-12-31 | $81,856 |
Other income received | 2012-12-31 | $150,351 |
Net income (gross income less expenses) | 2012-12-31 | $191,131 |
Net plan assets at end of year (total assets less liabilities) | 2012-12-31 | $1,404,076 |
Net plan assets at beginning of year (total assets less liabilities) | 2012-12-31 | $1,212,945 |
Assets. Value of participant loans | 2012-12-31 | $25,474 |
Total contributions received or receivable from employer(s) | 2012-12-31 | $18,718 |
Value of certain deemed distributions of participant loans | 2012-12-31 | $815 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2012-12-31 | $353 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
2011 : FORMULA FORD, INC. 401K PLAN 2011 401k financial data | ||
Total income from all sources | 2011-12-31 | $91,596 |
Expenses. Total of all expenses incurred | 2011-12-31 | $137,696 |
Benefits paid (including direct rollovers) | 2011-12-31 | $137,534 |
Total plan assets at end of year | 2011-12-31 | $1,212,945 |
Total plan assets at beginning of year | 2011-12-31 | $1,259,045 |
Value of fidelity bond covering the plan | 2011-12-31 | $400,000 |
Total contributions received or receivable from participants | 2011-12-31 | $79,189 |
Other income received | 2011-12-31 | $-6,970 |
Net income (gross income less expenses) | 2011-12-31 | $-46,100 |
Net plan assets at end of year (total assets less liabilities) | 2011-12-31 | $1,212,945 |
Net plan assets at beginning of year (total assets less liabilities) | 2011-12-31 | $1,259,045 |
Assets. Value of participant loans | 2011-12-31 | $19,763 |
Total contributions received or receivable from employer(s) | 2011-12-31 | $19,377 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2011-12-31 | $162 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
2010 : FORMULA FORD, INC. 401K PLAN 2010 401k financial data | ||
Total income from all sources | 2010-12-31 | $449,521 |
Expenses. Total of all expenses incurred | 2010-12-31 | $35,998 |
Benefits paid (including direct rollovers) | 2010-12-31 | $35,990 |
Total plan assets at end of year | 2010-12-31 | $1,259,045 |
Total plan assets at beginning of year | 2010-12-31 | $845,522 |
Value of fidelity bond covering the plan | 2010-12-31 | $200,000 |
Total contributions received or receivable from participants | 2010-12-31 | $64,653 |
Contributions received from other sources (not participants or employers) | 2010-12-31 | $216,711 |
Other income received | 2010-12-31 | $152,391 |
Net income (gross income less expenses) | 2010-12-31 | $413,523 |
Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $1,259,045 |
Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $845,522 |
Assets. Value of participant loans | 2010-12-31 | $20,146 |
Total contributions received or receivable from employer(s) | 2010-12-31 | $15,766 |
Value of certain deemed distributions of participant loans | 2010-12-31 | $6 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2010-12-31 | $2 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
2009 : FORMULA FORD, INC. 401K PLAN 2009 401k financial data | ||
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
2022: FORMULA FORD, INC. 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: FORMULA FORD, INC. 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: FORMULA FORD, INC. 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 |
2018: FORMULA FORD, INC. 401K PLAN 2018 form 5500 responses | ||
2018-01-01 | Type of plan entity | Single employer plan |
2018-01-01 | Submission has been amended | No |
2018-01-01 | This submission is the final filing | No |
2018-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2018-01-01 | Plan is a collectively bargained plan | No |
2018-01-01 | Plan funding arrangement – Trust | Yes |
2018-01-01 | Plan benefit arrangement - Trust | Yes |
2017: FORMULA FORD, INC. 401K PLAN 2017 form 5500 responses | ||
2017-01-01 | Type of plan entity | Single employer plan |
2017-01-01 | Submission has been amended | No |
2017-01-01 | This submission is the final filing | No |
2017-01-01 | Plan is a collectively bargained plan | No |
2017-01-01 | Plan funding arrangement – Trust | Yes |
2017-01-01 | Plan benefit arrangement - Trust | Yes |
2016: FORMULA FORD, INC. 401K PLAN 2016 form 5500 responses | ||
2016-01-01 | Type of plan entity | Single employer plan |
2016-01-01 | Submission has been amended | No |
2016-01-01 | This submission is the final filing | No |
2016-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2016-01-01 | Plan is a collectively bargained plan | No |
2016-01-01 | Plan funding arrangement – Trust | Yes |
2016-01-01 | Plan benefit arrangement - Trust | Yes |
2015: FORMULA FORD, INC. 401K PLAN 2015 form 5500 responses | ||
2015-01-01 | Type of plan entity | Single employer plan |
2015-01-01 | Submission has been amended | No |
2015-01-01 | This submission is the final filing | No |
2015-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2015-01-01 | Plan is a collectively bargained plan | No |
2015-01-01 | Plan funding arrangement – Trust | Yes |
2015-01-01 | Plan benefit arrangement - Trust | Yes |
2014: FORMULA FORD, INC. 401K 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: FORMULA FORD, INC. 401K 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: FORMULA FORD, INC. 401K 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: FORMULA FORD, INC. 401K 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 funding arrangement – Trust | Yes |
2011-01-01 | Plan benefit arrangement - Trust | Yes |
2010: FORMULA FORD, INC. 401K PLAN 2010 form 5500 responses | ||
2010-01-01 | Type of plan entity | Single employer plan |
2010-01-01 | Submission has been amended | No |
2010-01-01 | This submission is the final filing | No |
2010-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2010-01-01 | Plan funding arrangement – Trust | Yes |
2010-01-01 | Plan benefit arrangement - Trust | Yes |
2009: FORMULA FORD, INC. 401K 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 funding arrangement – Trust | Yes |
2009-01-01 | Plan benefit arrangement - Trust | Yes |