401k Plan data: DOUGLAS MOTORS CORP. EMPLOYEES' PROFIT SHARING PLAN plan

DOUGLAS MOTORS CORP. EMPLOYEES' PROFIT SHARING PLAN 401k Plan overview

Plan Name	DOUGLAS MOTORS CORP. EMPLOYEES' PROFIT SHARING PLAN
Plan identification number	001

DOUGLAS MOTORS CORP. EMPLOYEES' PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
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.
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

DOUGLAS MOTORS CORP. has sponsored the creation of one or more 401k plans.

Company Name: DOUGLAS MOTORS CORP.

Employer identification number (EIN): 113169874

NAIC Classification: 441110
NAIC Description: New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DOUGLAS MOTORS CORP. EMPLOYEES' PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-01-01 JOE CALAVANO
001 2010-01-01 JOE CALAVANO

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2011-01-01	JOE CALAVANO
001	2010-01-01	JOE CALAVANO

Plan Statistics for DOUGLAS MOTORS CORP. EMPLOYEES' PROFIT SHARING PLAN

401k plan membership statisitcs for DOUGLAS MOTORS CORP. EMPLOYEES' PROFIT SHARING PLAN

Measure Date Value
2011: DOUGLAS MOTORS CORP. EMPLOYEES' PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 172
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 118
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 57
Total of all active and inactive participants 2011-01-01 175
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 175
Number of participants with account balances 2011-01-01 137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2010: DOUGLAS MOTORS CORP. EMPLOYEES' PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 157
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 123
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 47
Total of all active and inactive participants 2010-01-01 170
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 170
Number of participants with account balances 2010-01-01 137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 11

Measure	Date	Value
2011: DOUGLAS MOTORS CORP. EMPLOYEES' PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	172
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	118
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	57
Total of all active and inactive participants	2011-01-01	175
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	175
Number of participants with account balances	2011-01-01	137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2010: DOUGLAS MOTORS CORP. EMPLOYEES' PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	157
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	123
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	47
Total of all active and inactive participants	2010-01-01	170
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	170
Number of participants with account balances	2010-01-01	137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	11

Financial Data on DOUGLAS MOTORS CORP. EMPLOYEES' PROFIT SHARING PLAN

Measure	Date	Value
2011 : DOUGLAS MOTORS CORP. EMPLOYEES' PROFIT SHARING PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2011-12-31	$-240,875
Total unrealized appreciation/depreciation of assets	2011-12-31	$-240,875
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$25,864
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$10,171
Total income from all sources (including contributions)	2011-12-31	$123,132
Total loss/gain on sale of assets	2011-12-31	$90,787
Total of all expenses incurred	2011-12-31	$379,974
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$316,224
Value of total corrective distributions	2011-12-31	$24,096
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$268,691
Value of total assets at end of year	2011-12-31	$6,473,213
Value of total assets at beginning of year	2011-12-31	$6,714,362
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$39,654
Total interest from all sources	2011-12-31	$8,310
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$67,600
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$268,691
Participant contributions at end of year	2011-12-31	$164,995
Participant contributions at beginning of year	2011-12-31	$102,094
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-12-31	$8,561
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-12-31	$9,395
Administrative expenses (other) incurred	2011-12-31	$1,810
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-256,842
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$6,447,349
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$6,704,191
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Investment advisory and management fees	2011-12-31	$37,844
Value of interest in pooled separate accounts at end of year	2011-12-31	$2,959,396
Value of interest in pooled separate accounts at beginning of year	2011-12-31	$3,115,797
Interest on participant loans	2011-12-31	$8,310
Income. Interest from corporate debt instruments	2011-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$145,187
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$177,393
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$177,393
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2011-12-31	$508,107
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-12-31	$451,662
Expenses. Payments to insurance carriers foe the provision of benefits	2011-12-31	$4,406
Asset value of US Government securities at end of year	2011-12-31	$225,742
Asset value of US Government securities at beginning of year	2011-12-31	$222,233
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$0
Net investment gain/loss from pooled separate accounts	2011-12-31	$-71,381
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Income. Dividends from common stock	2011-12-31	$67,600
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$311,818
Asset. Corporate debt instrument debt (other) at end of year	2011-12-31	$608,609
Asset. Corporate debt instrument debt (other) at beginning of year	2011-12-31	$499,204
Assets. Corporate common stocks other than exployer securities at end of year	2011-12-31	$1,852,616
Assets. Corporate common stocks other than exployer securities at beginning of year	2011-12-31	$2,136,584
Liabilities. Value of benefit claims payable at end of year	2011-12-31	$25,864
Liabilities. Value of benefit claims payable at beginning of year	2011-12-31	$10,171
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Aggregate proceeds on sale of assets	2011-12-31	$90,787
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	RICHARDS, WITT & CHARLES, LLP
Accountancy firm EIN	2011-12-31	112498859
2010 : DOUGLAS MOTORS CORP. EMPLOYEES' PROFIT SHARING PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$138,467
Total unrealized appreciation/depreciation of assets	2010-12-31	$138,467
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$10,171
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$4,284
Total income from all sources (including contributions)	2010-12-31	$1,070,468
Total loss/gain on sale of assets	2010-12-31	$201,448
Total of all expenses incurred	2010-12-31	$196,608
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$153,728
Value of total corrective distributions	2010-12-31	$8,403
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$263,504
Value of total assets at end of year	2010-12-31	$6,714,362
Value of total assets at beginning of year	2010-12-31	$5,834,615
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$34,477
Total interest from all sources	2010-12-31	$3,671
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$64,930
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$64,930
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$245,143
Participant contributions at end of year	2010-12-31	$102,094
Participant contributions at beginning of year	2010-12-31	$53,681
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$18,361
Value of other receiveables (less allowance for doubtful accounts) at end of year	2010-12-31	$9,395
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$9,129
Administrative expenses (other) incurred	2010-12-31	$750
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$873,860
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$6,704,191
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$5,830,331
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Investment advisory and management fees	2010-12-31	$33,727
Value of interest in pooled separate accounts at end of year	2010-12-31	$3,115,797
Value of interest in pooled separate accounts at beginning of year	2010-12-31	$2,671,217
Interest on participant loans	2010-12-31	$3,671
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$177,393
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$28,376
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$28,376
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2010-12-31	$451,662
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2010-12-31	$429,107
Expenses. Payments to insurance carriers foe the provision of benefits	2010-12-31	$4,405
Asset value of US Government securities at end of year	2010-12-31	$222,233
Asset value of US Government securities at beginning of year	2010-12-31	$287,802
Net investment gain/loss from pooled separate accounts	2010-12-31	$398,448
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$149,323
Asset. Corporate debt instrument debt (other) at end of year	2010-12-31	$499,204
Asset. Corporate debt instrument debt (other) at beginning of year	2010-12-31	$475,553
Contract administrator fees	2010-12-31	$0
Assets. Corporate common stocks other than exployer securities at end of year	2010-12-31	$2,136,584
Assets. Corporate common stocks other than exployer securities at beginning of year	2010-12-31	$1,879,750
Liabilities. Value of benefit claims payable at end of year	2010-12-31	$10,171
Liabilities. Value of benefit claims payable at beginning of year	2010-12-31	$4,284
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Aggregate proceeds on sale of assets	2010-12-31	$201,448
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	RICHARDS, WITT & CHARLES, LLP
Accountancy firm EIN	2010-12-31	112498859

Form 5500 Responses for DOUGLAS MOTORS CORP. EMPLOYEES' PROFIT SHARING PLAN

2011: DOUGLAS MOTORS CORP. EMPLOYEES' PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	Yes
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: DOUGLAS MOTORS CORP. EMPLOYEES' PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	Yes
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 is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	DOUGLAS MOTORS CORP.
Employer identification number (EIN):	113169874
NAIC Classification:	441110
NAIC Description:	New Car Dealers