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SUN IMPORTS, INC. 401(K) PLAN 401k Plan overview

Plan NameSUN IMPORTS, INC. 401(K) PLAN
Plan identification number 001

SUN IMPORTS, INC. 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.
  • 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.
  • 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

SUN IMPORTS, INC. has sponsored the creation of one or more 401k plans.

Company Name:SUN IMPORTS, INC.
Employer identification number (EIN):591610618
NAIC Classification:441110
NAIC Description:New Car Dealers

Additional information about SUN IMPORTS, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 1975-07-18
Company Identification Number: 480798
Legal Registered Office Address: 7021 S TAMIAMI TRAIL

SARASOTA

34231

More information about SUN IMPORTS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SUN IMPORTS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01DEAN PALMER2023-10-03
0012021-01-01DEAN PALMER2022-10-17
0012020-01-01DEAN PALMER2021-10-11
0012019-01-01DEAN PALMER2020-09-08
0012018-01-01DEAN PALMER2019-10-09
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01DEAN PALMER2015-10-09
0012013-01-01DEAN PALMER2014-10-08
0012012-01-01DEAN PALMER2013-09-25
0012011-01-01DEAN PALMER2012-10-11 DEAN PALMER2012-10-11
0012010-01-01DEAN PALMER2011-10-13

Plan Statistics for SUN IMPORTS, INC. 401(K) PLAN

401k plan membership statisitcs for SUN IMPORTS, INC. 401(K) PLAN

Measure Date Value
2022: SUN IMPORTS, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01346
Total number of active participants reported on line 7a of the Form 55002022-01-010
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-010
Number of participants with account balances2022-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: SUN IMPORTS, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01340
Total number of active participants reported on line 7a of the Form 55002021-01-01297
Number of retired or separated participants receiving benefits2021-01-011
Number of other retired or separated participants entitled to future benefits2021-01-0136
Total of all active and inactive participants2021-01-01334
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01334
Number of participants with account balances2021-01-01205
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: SUN IMPORTS, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01317
Total number of active participants reported on line 7a of the Form 55002020-01-01296
Number of retired or separated participants receiving benefits2020-01-011
Number of other retired or separated participants entitled to future benefits2020-01-0130
Total of all active and inactive participants2020-01-01327
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01327
Number of participants with account balances2020-01-01188
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: SUN IMPORTS, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01290
Total number of active participants reported on line 7a of the Form 55002019-01-01278
Number of retired or separated participants receiving benefits2019-01-011
Number of other retired or separated participants entitled to future benefits2019-01-0125
Total of all active and inactive participants2019-01-01304
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01304
Number of participants with account balances2019-01-01169
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: SUN IMPORTS, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01276
Total number of active participants reported on line 7a of the Form 55002018-01-01291
Number of retired or separated participants receiving benefits2018-01-011
Number of other retired or separated participants entitled to future benefits2018-01-0114
Total of all active and inactive participants2018-01-01306
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01306
Number of participants with account balances2018-01-01160
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: SUN IMPORTS, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01253
Total number of active participants reported on line 7a of the Form 55002017-01-01243
Number of retired or separated participants receiving benefits2017-01-011
Number of other retired or separated participants entitled to future benefits2017-01-0115
Total of all active and inactive participants2017-01-01259
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01259
Number of participants with account balances2017-01-01149
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010

Financial Data on SUN IMPORTS, INC. 401(K) PLAN

Measure Date Value
2022 : SUN IMPORTS, INC. 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-12$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-12$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-12$0
Total income from all sources (including contributions)2022-12-12$-951,548
Total loss/gain on sale of assets2022-12-12$0
Total of all expenses incurred2022-12-12$7,262,748
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-12$7,207,684
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-12$628,956
Value of total assets at end of year2022-12-12$0
Value of total assets at beginning of year2022-12-12$8,214,296
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-12$55,064
Total interest from all sources2022-12-12$4
Total dividends received (eg from common stock, registered investment company shares)2022-12-12$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-12Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2022-12-12$0
Administrative expenses professional fees incurred2022-12-12$18,245
Was this plan covered by a fidelity bond2022-12-12Yes
Value of fidelity bond cover2022-12-12$424,131
If this is an individual account plan, was there a blackout period2022-12-12No
Were there any nonexempt tranactions with any party-in-interest2022-12-12No
Contributions received from participants2022-12-12$626,005
Participant contributions at end of year2022-12-12$0
Participant contributions at beginning of year2022-12-12$0
Income. Received or receivable in cash from other sources (including rollovers)2022-12-12$2,951
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-12No
Value of net income/loss2022-12-12$-8,214,296
Value of net assets at end of year (total assets less liabilities)2022-12-12$0
Value of net assets at beginning of year (total assets less liabilities)2022-12-12$8,214,296
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-12No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-12No
Were any leases to which the plan was party in default or uncollectible2022-12-12No
Investment advisory and management fees2022-12-12$15,563
Value of interest in pooled separate accounts at end of year2022-12-12$0
Value of interest in pooled separate accounts at beginning of year2022-12-12$7,088,770
Interest earned on other investments2022-12-12$3
Value of interest in common/collective trusts at end of year2022-12-12$0
Value of interest in common/collective trusts at beginning of year2022-12-12$898,065
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-12$1
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-12$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-12$227,461
Net investment gain/loss from pooled separate accounts2022-12-12$-1,580,508
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-12No
Was there a failure to transmit to the plan any participant contributions2022-12-12No
Has the plan failed to provide any benefit when due under the plan2022-12-12No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-12$7,207,684
Contract administrator fees2022-12-12$21,256
Did the plan have assets held for investment2022-12-12No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-12No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-12Yes
Opinion of an independent qualified public accountant for this plan2022-12-12Unqualified
Accountancy firm name2022-12-12KERKERING BARBERIO & CO PA
Accountancy firm EIN2022-12-12591753337
2021 : SUN IMPORTS, INC. 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$1,991,683
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$295,174
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$227,488
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$844,746
Value of total assets at end of year2021-12-31$8,214,296
Value of total assets at beginning of year2021-12-31$6,517,787
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$67,686
Total interest from all sources2021-12-31$6
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Administrative expenses professional fees incurred2021-12-31$46,163
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$837,030
Participant contributions at end of year2021-12-31$0
Participant contributions at beginning of year2021-12-31$4,377
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$7,716
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$1,696,509
Value of net assets at end of year (total assets less liabilities)2021-12-31$8,214,296
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$6,517,787
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$21,523
Value of interest in pooled separate accounts at end of year2021-12-31$7,088,770
Value of interest in pooled separate accounts at beginning of year2021-12-31$5,643,942
Interest earned on other investments2021-12-31$1
Value of interest in common/collective trusts at end of year2021-12-31$898,065
Value of interest in common/collective trusts at beginning of year2021-12-31$669,467
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$5
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$227,461
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$200,001
Net investment gain/loss from pooled separate accounts2021-12-31$1,146,931
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$227,488
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31KERKERING BARBERIO & CO PA
Accountancy firm EIN2021-12-31591753337
2020 : SUN IMPORTS, INC. 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$1,733,477
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$456,020
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$422,585
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$664,527
Value of total assets at end of year2020-12-31$6,517,786
Value of total assets at beginning of year2020-12-31$5,240,329
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$33,435
Total interest from all sources2020-12-31$8
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Administrative expenses professional fees incurred2020-12-31$33,435
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$632,014
Participant contributions at end of year2020-12-31$4,377
Participant contributions at beginning of year2020-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$32,513
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,277,457
Value of net assets at end of year (total assets less liabilities)2020-12-31$6,517,786
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$5,240,329
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in pooled separate accounts at end of year2020-12-31$6,313,408
Value of interest in pooled separate accounts at beginning of year2020-12-31$4,878,235
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$8
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$200,001
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$362,094
Net investment gain/loss from pooled separate accounts2020-12-31$1,068,942
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$422,585
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31KERKERING BARBERIO & CO PA
Accountancy firm EIN2020-12-31591753337
2019 : SUN IMPORTS, INC. 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$1,572,924
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$203,192
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$187,626
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$529,216
Value of total assets at end of year2019-12-31$5,240,329
Value of total assets at beginning of year2019-12-31$3,870,597
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$15,566
Total interest from all sources2019-12-31$5
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$527,215
Participant contributions at end of year2019-12-31$0
Participant contributions at beginning of year2019-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$2,001
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$1,369,732
Value of net assets at end of year (total assets less liabilities)2019-12-31$5,240,329
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$3,870,597
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$4,878,235
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$3,577,616
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$5
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$362,094
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$292,981
Net investment gain/loss from pooled separate accounts2019-12-31$1,043,703
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$187,626
Contract administrator fees2019-12-31$15,566
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31KERKERING BARBERIO & CO PA
Accountancy firm EIN2019-12-31591753337
2018 : SUN IMPORTS, INC. 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$358,510
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$496,084
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$494,424
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$533,996
Value of total assets at end of year2018-12-31$3,870,597
Value of total assets at beginning of year2018-12-31$4,008,171
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$1,660
Total interest from all sources2018-12-31$5
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 year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$424,131
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$513,407
Participant contributions at end of year2018-12-31$0
Participant contributions at beginning of year2018-12-31$5,147
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$20,589
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-137,574
Value of net assets at end of year (total assets less liabilities)2018-12-31$3,870,597
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$4,008,171
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$3,577,616
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$3,869,311
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$5
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$292,981
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$133,713
Net investment gain/loss from pooled separate accounts2018-12-31$-175,491
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31Yes
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$494,424
Contract administrator fees2018-12-31$1,660
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31KERKERING BARBERIO & CO PA
Accountancy firm EIN2018-12-31591753337
2017 : SUN IMPORTS, INC. 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$1,020,073
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$87,347
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$86,882
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$450,430
Value of total assets at end of year2017-12-31$4,008,171
Value of total assets at beginning of year2017-12-31$3,075,445
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$465
Total interest from all sources2017-12-31$5
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$320,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$434,924
Participant contributions at end of year2017-12-31$5,147
Participant contributions at beginning of year2017-12-31$21,767
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$15,506
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$932,726
Value of net assets at end of year (total assets less liabilities)2017-12-31$4,008,171
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$3,075,445
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$3,869,311
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$2,942,000
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$5
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$133,713
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$111,678
Net investment gain/loss from pooled separate accounts2017-12-31$569,638
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$86,882
Contract administrator fees2017-12-31$465
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31KERKERING BARBERIO & CO PA
Accountancy firm EIN2017-12-31591753337

Form 5500 Responses for SUN IMPORTS, INC. 401(K) PLAN

2022: SUN IMPORTS, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingYes
2022-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: SUN IMPORTS, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: SUN IMPORTS, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SUN IMPORTS, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: SUN IMPORTS, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: SUN IMPORTS, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract number814627
Policy instance 1
Insurance contract or identification number814627
Number of Individuals Covered0
Insurance policy start date2022-01-01
Insurance policy end date2022-06-30
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract number751682-01
Policy instance 2
Insurance contract or identification number751682-01
Number of Individuals Covered0
Insurance policy start date2022-06-18
Insurance policy end date2022-12-01
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract number814627
Policy instance 1
Insurance contract or identification number814627
Number of Individuals Covered205
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $3,510
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees3510
Additional information about fees paid to insurance brokerADMINISTRATIVE ALLOWANCE
Insurance broker organization code?5
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract number814627
Policy instance 1
Insurance contract or identification number814627
Number of Individuals Covered188
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $2,576
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees2576
Additional information about fees paid to insurance brokerADMINISTRATIVE ALLOWANCE
Insurance broker organization code?5
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberGA-814627
Policy instance 1
Insurance contract or identification numberGA-814627
Number of Individuals Covered169
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $8,768
Total amount of fees paid to insurance companyUSD $2,615
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $8,768
Insurance broker organization code?3
Amount paid for insurance broker fees2200
Additional information about fees paid to insurance brokerADMINISTRATIVE ALLOWANCE
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-814627
Policy instance 1
Insurance contract or identification numberGA-814627
Number of Individuals Covered160
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $16,497
Total amount of fees paid to insurance companyUSD $3,174
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $16,497
Insurance broker organization code?3
Amount paid for insurance broker fees1624
Additional information about fees paid to insurance brokerFEES
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-814627
Policy instance 1
Insurance contract or identification numberGA-814627
Number of Individuals Covered149
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $17,162
Total amount of fees paid to insurance companyUSD $3,125
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $17,162
Insurance broker organization code?3
Amount paid for insurance broker fees2145
Additional information about fees paid to insurance brokerADMINISTRATIVE ALLOWANCE
Insurance broker nameMERRILL LYNCH PIERCE FENNER

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