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DMR LTD. DBA ACURA OF TROY 401(K) PLAN 401k Plan overview

Plan NameDMR LTD. DBA ACURA OF TROY 401(K) PLAN
Plan identification number 001

DMR LTD. DBA ACURA OF TROY 401(K) PLAN Benefits

401k Plan TypeDefined 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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

DMR LTD. DBA ACURA OF TROY has sponsored the creation of one or more 401k plans.

Company Name:DMR LTD. DBA ACURA OF TROY
Employer identification number (EIN):382767269
NAIC Classification:441110
NAIC Description:New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DMR LTD. DBA ACURA OF TROY 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-01-01ALAN B SVEDLOW2015-10-16
0012014-01-01ALAN B SVEDLOW2015-06-26
0012013-01-01ALAN B SVEDLOW2014-07-11
0012012-01-01ALAN B. SVEDLOW2013-10-10
0012011-01-01ALAN B. SVEDLOW2012-10-10

Financial Data on DMR LTD. DBA ACURA OF TROY 401(K) PLAN

Measure Date Value
2010 : DMR LTD. DBA ACURA OF TROY 401(K) PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$33,870
Expenses. Total of all expenses incurred2010-12-31$20,608
Benefits paid (including direct rollovers)2010-12-31$19,581
Total plan assets at end of year2010-12-31$108,258
Total plan assets at beginning of year2010-12-31$94,996
Value of fidelity bond covering the plan2010-12-31$500,000
Total contributions received or receivable from participants2010-12-31$12,234
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$11,091
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$13,262
Net plan assets at end of year (total assets less liabilities)2010-12-31$108,258
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$94,996
Total contributions received or receivable from employer(s)2010-12-31$10,545
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$1,027
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$0
Amount contributed by the employer to the plan for this plan year2010-12-31$0

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