401k Plan data: WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES plan

WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 401k Plan overview

Plan Name	WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES
Plan identification number	003

WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
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

WADE FORD INC has sponsored the creation of one or more 401k plans.

Company Name: WADE FORD INC

Employer identification number (EIN): 581544317

NAIC Classification: 441110
NAIC Description: New Car Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2023-01-01 STEVEN EWING 2024-07-17 STEVEN EWING 2024-07-17
003 2022-01-01
003 2021-01-01
003 2020-01-01
003 2019-01-01
003 2018-01-01
003 2017-01-01 DAVID TACKETT 2018-08-29 DAVID TACKETT 2018-08-29
003 2016-01-01 DAVID W ATACKETT 2018-01-25 DAVID W ATACKETT 2018-01-25
003 2015-01-01 DAVID TACKETT 2016-09-28 DAVID TACKETT 2016-09-28
003 2014-01-01 DAVID TACKETT 2015-10-13 DAVID TACKETT 2015-10-13

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
003	2023-01-01	STEVEN EWING	2024-07-17	STEVEN EWING	2024-07-17
003	2022-01-01
003	2021-01-01
003	2020-01-01
003	2019-01-01
003	2018-01-01
003	2017-01-01	DAVID TACKETT	2018-08-29	DAVID TACKETT	2018-08-29
003	2016-01-01	DAVID W ATACKETT	2018-01-25	DAVID W ATACKETT	2018-01-25
003	2015-01-01	DAVID TACKETT	2016-09-28	DAVID TACKETT	2016-09-28
003	2014-01-01	DAVID TACKETT	2015-10-13	DAVID TACKETT	2015-10-13

Plan Statistics for WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES

401k plan membership statisitcs for WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES

Measure Date Value
2022: WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 2022 401k membership
Total participants, beginning-of-year 2022-01-01 116
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 120
Number of retired or separated participants receiving benefits 2022-01-01 1
Number of other retired or separated participants entitled to future benefits 2022-01-01 18
Total of all active and inactive participants 2022-01-01 139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 139
Number of participants with account balances 2022-01-01 80
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 2021 401k membership
Total participants, beginning-of-year 2021-01-01 109
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 80
Number of retired or separated participants receiving benefits 2021-01-01 1
Number of other retired or separated participants entitled to future benefits 2021-01-01 20
Total of all active and inactive participants 2021-01-01 101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 101
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 7
2020: WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 2020 401k membership
Total participants, beginning-of-year 2020-01-01 126
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 87
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 19
Total of all active and inactive participants 2020-01-01 106
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 106
Number of participants with account balances 2020-01-01 67
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 12
2019: WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 2019 401k membership
Total participants, beginning-of-year 2019-01-01 123
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 103
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 10
Total of all active and inactive participants 2019-01-01 113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 113
Number of participants with account balances 2019-01-01 79
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 10
Number of employers contributing to the scheme 2019-01-01 0
2018: WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 2018 401k membership
Total participants, beginning-of-year 2018-01-01 125
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 97
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 12
Total of all active and inactive participants 2018-01-01 109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 109
Number of participants with account balances 2018-01-01 72
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 11

Measure	Date	Value
2022: WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 2022 401k membership
Total participants, beginning-of-year	2022-01-01	116
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	120
Number of retired or separated participants receiving benefits	2022-01-01	1
Number of other retired or separated participants entitled to future benefits	2022-01-01	18
Total of all active and inactive participants	2022-01-01	139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	139
Number of participants with account balances	2022-01-01	80
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 2021 401k membership
Total participants, beginning-of-year	2021-01-01	109
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	80
Number of retired or separated participants receiving benefits	2021-01-01	1
Number of other retired or separated participants entitled to future benefits	2021-01-01	20
Total of all active and inactive participants	2021-01-01	101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	101
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	7
2020: WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 2020 401k membership
Total participants, beginning-of-year	2020-01-01	126
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	87
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	19
Total of all active and inactive participants	2020-01-01	106
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	106
Number of participants with account balances	2020-01-01	67
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	12
2019: WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 2019 401k membership
Total participants, beginning-of-year	2019-01-01	123
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	103
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	10
Total of all active and inactive participants	2019-01-01	113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	113
Number of participants with account balances	2019-01-01	79
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	10
Number of employers contributing to the scheme	2019-01-01	0
2018: WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 2018 401k membership
Total participants, beginning-of-year	2018-01-01	125
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	97
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	12
Total of all active and inactive participants	2018-01-01	109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	109
Number of participants with account balances	2018-01-01	72
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	11

Financial Data on WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES

Measure	Date	Value
2022 : WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 2022 401k financial data
Total income from all sources (including contributions)	2022-12-31	$-224,089
Total of all expenses incurred	2022-12-31	$259,430
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$244,109
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$474,104
Value of total assets at end of year	2022-12-31	$4,043,521
Value of total assets at beginning of year	2022-12-31	$4,527,040
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$15,321
Total interest from all sources	2022-12-31	$10,927
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Administrative expenses professional fees incurred	2022-12-31	$15,321
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	$414,349
Participant contributions at end of year	2022-12-31	$211,168
Participant contributions at beginning of year	2022-12-31	$240,207
Participant contributions at beginning of year	2022-12-31	$6,087
Other income not declared elsewhere	2022-12-31	$8,944
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	$-483,519
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$4,043,521
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$4,527,040
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$2,972,252
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$3,424,088
Interest on participant loans	2022-12-31	$10,927
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$860,101
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$855,548
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-718,064
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	$59,755
Employer contributions (assets) at beginning of year	2022-12-31	$1,110
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$244,109
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	LAWRENCE F. TORNETTA, LLC
Accountancy firm EIN	2022-12-31	814649052
2021 : WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 2021 401k financial data
Total income from all sources (including contributions)	2021-12-31	$848,621
Total of all expenses incurred	2021-12-31	$487,491
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$475,380
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$373,148
Value of total assets at end of year	2021-12-31	$4,527,040
Value of total assets at beginning of year	2021-12-31	$4,165,910
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$12,111
Total interest from all sources	2021-12-31	$12,662
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
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	$327,623
Participant contributions at end of year	2021-12-31	$240,207
Participant contributions at beginning of year	2021-12-31	$222,999
Participant contributions at end of year	2021-12-31	$6,087
Participant contributions at beginning of year	2021-12-31	$5,138
Other income not declared elsewhere	2021-12-31	$5,924
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	$361,130
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$4,527,040
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$4,165,910
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	$3,424,088
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$3,532,621
Interest on participant loans	2021-12-31	$12,662
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$855,548
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$404,355
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$456,887
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	$45,525
Employer contributions (assets) at end of year	2021-12-31	$1,110
Employer contributions (assets) at beginning of year	2021-12-31	$797
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$475,380
Contract administrator fees	2021-12-31	$12,111
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	LAWRENCE F. TORNETTA, LLC
Accountancy firm EIN	2021-12-31	814649052
2020 : WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 2020 401k financial data
Total income from all sources (including contributions)	2020-12-31	$883,888
Total of all expenses incurred	2020-12-31	$161,000
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$151,734
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$297,976
Value of total assets at end of year	2020-12-31	$4,165,910
Value of total assets at beginning of year	2020-12-31	$3,443,022
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$9,266
Total interest from all sources	2020-12-31	$11,785
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
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	$256,602
Participant contributions at end of year	2020-12-31	$222,999
Participant contributions at beginning of year	2020-12-31	$227,107
Participant contributions at end of year	2020-12-31	$5,138
Other income not declared elsewhere	2020-12-31	$3,683
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	$722,888
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$4,165,910
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$3,443,022
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$3,532,621
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$3,211,914
Interest on participant loans	2020-12-31	$11,785
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$404,355
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$4,001
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$570,444
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	$41,374
Employer contributions (assets) at end of year	2020-12-31	$797
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$151,734
Contract administrator fees	2020-12-31	$9,266
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	LAWRENCE F. TORNETTA, LLC
Accountancy firm EIN	2020-12-31	814649052
2019 : WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 2019 401k financial data
Total income from all sources (including contributions)	2019-12-31	$945,715
Total of all expenses incurred	2019-12-31	$327,032
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$315,124
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$356,148
Value of total assets at end of year	2019-12-31	$3,443,022
Value of total assets at beginning of year	2019-12-31	$2,824,339
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$11,908
Total interest from all sources	2019-12-31	$11,260
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$307,708
Participant contributions at end of year	2019-12-31	$227,107
Participant contributions at beginning of year	2019-12-31	$165,378
Participant contributions at beginning of year	2019-12-31	$242
Other income not declared elsewhere	2019-12-31	$67
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$618,683
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$3,443,022
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$2,824,339
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$3,211,914
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$2,654,756
Interest on participant loans	2019-12-31	$11,260
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$4,001
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$3,927
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$578,240
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$48,440
Employer contributions (assets) at beginning of year	2019-12-31	$36
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$315,124
Contract administrator fees	2019-12-31	$11,908
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	LAWRENCE F. TORNETTA, LLC
Accountancy firm EIN	2019-12-31	814649052
2018 : WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$142,537
Total of all expenses incurred	2018-12-31	$172,233
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$163,795
Expenses. Certain deemed distributions of participant loans	2018-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$333,588
Value of total assets at end of year	2018-12-31	$2,824,339
Value of total assets at beginning of year	2018-12-31	$2,854,035
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$8,438
Total interest from all sources	2018-12-31	$8,168
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$292,151
Participant contributions at end of year	2018-12-31	$165,378
Participant contributions at beginning of year	2018-12-31	$178,897
Participant contributions at end of year	2018-12-31	$242
Other income not declared elsewhere	2018-12-31	$230
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-29,696
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$2,824,339
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$2,854,035
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$2,654,756
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$2,577,258
Interest on participant loans	2018-12-31	$8,168
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2018-12-31	$3,927
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2018-12-31	$97,880
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-199,449
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$41,437
Employer contributions (assets) at end of year	2018-12-31	$36
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$163,795
Contract administrator fees	2018-12-31	$8,438
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	LAWRENCE F TORNETTA, LLC
Accountancy firm EIN	2018-12-31	814649052

Form 5500 Responses for WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES

2022: WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 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	Yes
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 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	Yes
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 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	Yes
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 2019 form 5500 responses
2019-01-01	Type of plan entity	Multi-employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	Yes
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: WADE FORD, INC. PROFIT SHARING PLAN FOR NON-EXEMPT EMPLOYEES 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 – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

MR 61514-2

Policy instance

Insurance contract or identification number	MR 61514-2
Number of Individuals Covered	0
Insurance policy start date	2022-01-01
Insurance policy end date	2022-09-09
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

767572-02

Policy instance

Insurance contract or identification number	767572-02
Number of Individuals Covered	6
Insurance policy start date	2022-09-10
Insurance policy end date	2022-12-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $519
Insurance broker organization code?	3

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

MR 61514-2

Policy instance

Insurance contract or identification number	MR 61514-2
Number of Individuals Covered	66
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	Yes

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

MR 61514-2

Policy instance

Insurance contract or identification number	MR 61514-2
Number of Individuals Covered	67
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

MR 61514-2

Policy instance

Insurance contract or identification number	MR 61514-2
Number of Individuals Covered	79
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

MR 61514-2

Policy instance

Insurance contract or identification number	MR 61514-2
Number of Individuals Covered	72
Insurance policy start date	2018-01-01
Insurance policy end date	2018-12-31
Total amount of commissions paid to insurance broker	USD $19
Total amount of fees paid to insurance company	USD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $19
Insurance broker organization code?	1

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Company Name:	WADE FORD INC
Employer identification number (EIN):	581544317
NAIC Classification:	441110
NAIC Description:	New Car Dealers