BRUMOS MOTOR CARS INC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BRUMOS MOTOR CARS, INC. 401(K) PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2016 : BRUMOS MOTOR CARS, INC. 401(K) PROFIT SHARING PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-08-19 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-08-19 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-08-19 | $40,091 |
| Total income from all sources (including contributions) | 2016-08-19 | $1,036,945 |
| Total loss/gain on sale of assets | 2016-08-19 | $0 |
| Total of all expenses incurred | 2016-08-19 | $9,964,790 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-08-19 | $9,949,002 |
| Value of total corrective distributions | 2016-08-19 | $6,641 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-08-19 | $379,304 |
| Value of total assets at end of year | 2016-08-19 | $0 |
| Value of total assets at beginning of year | 2016-08-19 | $8,967,936 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-08-19 | $9,147 |
| Total interest from all sources | 2016-08-19 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-08-19 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-08-19 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2016-08-19 | $0 |
| Was this plan covered by a fidelity bond | 2016-08-19 | Yes |
| Value of fidelity bond cover | 2016-08-19 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2016-08-19 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-08-19 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-08-19 | No |
| Contributions received from participants | 2016-08-19 | $355,508 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-08-19 | $2,976 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2016-08-19 | $948,304 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-08-19 | $40,091 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-08-19 | No |
| Value of net income/loss | 2016-08-19 | $-8,927,845 |
| Value of net assets at end of year (total assets less liabilities) | 2016-08-19 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-08-19 | $8,927,845 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-08-19 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-08-19 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-08-19 | No |
| Value of interest in pooled separate accounts at end of year | 2016-08-19 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2016-08-19 | $8,864,965 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-08-19 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-08-19 | $4,891 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-08-19 | $657,641 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-08-19 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-08-19 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-08-19 | No |
| Contributions received in cash from employer | 2016-08-19 | $20,820 |
| Employer contributions (assets) at end of year | 2016-08-19 | $0 |
| Employer contributions (assets) at beginning of year | 2016-08-19 | $98,080 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-08-19 | $9,000,698 |
| Contract administrator fees | 2016-08-19 | $9,147 |
| Did the plan have assets held for investment | 2016-08-19 | No |
| 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 | 2016-08-19 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-08-19 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-08-19 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-08-19 | Disclaimer |
| Accountancy firm name | 2016-08-19 | MASTERS, SMITH, & WISBY, P.A. |
| Accountancy firm EIN | 2016-08-19 | 591466001 |
| 2015 : BRUMOS MOTOR CARS, INC. 401(K) PROFIT SHARING PLAN 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $40,091 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $14,282 |
| Total income from all sources (including contributions) | 2015-12-31 | $1,111,561 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $972,671 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $915,877 |
| Value of total corrective distributions | 2015-12-31 | $40,091 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $1,166,628 |
| Value of total assets at end of year | 2015-12-31 | $8,967,936 |
| Value of total assets at beginning of year | 2015-12-31 | $8,803,237 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $16,703 |
| Total interest from all sources | 2015-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Administrative expenses professional fees incurred | 2015-12-31 | $16,703 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $958,918 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $109,630 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-12-31 | $40,091 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $14,282 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $138,890 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $8,927,845 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $8,788,955 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2015-12-31 | $8,864,965 |
| Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $8,727,461 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $4,891 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $2,058 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-55,067 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Contributions received in cash from employer | 2015-12-31 | $98,080 |
| Employer contributions (assets) at end of year | 2015-12-31 | $98,080 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $73,718 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $915,877 |
| Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | MASTERS, SMITH, & WISBY, P.A. |
| Accountancy firm EIN | 2015-12-31 | 591466001 |
| 2014 : BRUMOS MOTOR CARS, INC. 401(K) PROFIT SHARING PLAN 2014 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $14,282 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $1,495,785 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $1,101,581 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $1,059,587 |
| Value of total corrective distributions | 2014-12-31 | $19,009 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $949,998 |
| Value of total assets at end of year | 2014-12-31 | $8,803,237 |
| Value of total assets at beginning of year | 2014-12-31 | $8,394,751 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $22,985 |
| Total interest from all sources | 2014-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Administrative expenses professional fees incurred | 2014-12-31 | $22,985 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Contributions received from participants | 2014-12-31 | $690,096 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $186,184 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $394,204 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $8,788,955 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $8,394,751 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2014-12-31 | $8,727,461 |
| Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $8,311,320 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $2,058 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $504 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $545,787 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Contributions received in cash from employer | 2014-12-31 | $73,718 |
| Employer contributions (assets) at end of year | 2014-12-31 | $73,718 |
| Employer contributions (assets) at beginning of year | 2014-12-31 | $82,927 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $1,059,587 |
| Liabilities. Value of benefit claims payable at end of year | 2014-12-31 | $14,282 |
| Did the plan have assets held for investment | 2014-12-31 | 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 | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | MASTERS, SMITH, & WIBSY, P.A. |
| Accountancy firm EIN | 2014-12-31 | 591466001 |
| 2013 : BRUMOS MOTOR CARS, INC. 401(K) PROFIT SHARING PLAN 2013 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total income from all sources (including contributions) | 2013-12-31 | $2,003,308 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $634,281 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $593,813 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $776,847 |
| Value of total assets at end of year | 2013-12-31 | $8,394,751 |
| Value of total assets at beginning of year | 2013-12-31 | $7,025,724 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $40,468 |
| Total interest from all sources | 2013-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Administrative expenses professional fees incurred | 2013-12-31 | $40,468 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Contributions received from participants | 2013-12-31 | $673,253 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $20,363 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $1,369,027 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $8,394,751 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $7,025,724 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2013-12-31 | $8,311,320 |
| Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $6,927,552 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $504 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $15,236 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $1,226,461 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Contributions received in cash from employer | 2013-12-31 | $83,231 |
| Employer contributions (assets) at end of year | 2013-12-31 | $82,927 |
| Employer contributions (assets) at beginning of year | 2013-12-31 | $82,936 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $593,813 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2013-12-31 | No |
| Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | MASTERS, SMITH, & WIBSY, P.A. |
| Accountancy firm EIN | 2013-12-31 | 561466001 |
| 2012 : BRUMOS MOTOR CARS, INC. 401(K) PROFIT SHARING PLAN 2012 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $1,489,523 |
| Total loss/gain on sale of assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $457,680 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $454,920 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $677,530 |
| Value of total assets at end of year | 2012-12-31 | $7,025,724 |
| Value of total assets at beginning of year | 2012-12-31 | $5,993,881 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $2,760 |
| Total interest from all sources | 2012-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Administrative expenses professional fees incurred | 2012-12-31 | $2,760 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $594,594 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $1,031,843 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $7,025,724 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $5,993,881 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2012-12-31 | $6,927,552 |
| Value of interest in pooled separate accounts at beginning of year | 2012-12-31 | $5,892,362 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $15,236 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $14,746 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $811,993 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Contributions received in cash from employer | 2012-12-31 | $82,936 |
| Employer contributions (assets) at end of year | 2012-12-31 | $82,936 |
| Employer contributions (assets) at beginning of year | 2012-12-31 | $86,773 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $454,920 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2012-12-31 | No |
| Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
| Accountancy firm name | 2012-12-31 | MASTERS, SMITH, & WISBY, P.A. |
| Accountancy firm EIN | 2012-12-31 | 591466001 |
| 2011 : BRUMOS MOTOR CARS, INC. 401(K) PROFIT SHARING PLAN 2011 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total income from all sources (including contributions) | 2011-12-31 | $540,690 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $727,320 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $725,667 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $738,118 |
| Value of total assets at end of year | 2011-12-31 | $5,993,881 |
| Value of total assets at beginning of year | 2011-12-31 | $6,180,511 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $1,653 |
| Total interest from all sources | 2011-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Administrative expenses professional fees incurred | 2011-12-31 | $1,653 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $572,003 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $79,342 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $-186,630 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $5,993,881 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $6,180,511 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2011-12-31 | $5,892,362 |
| Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $6,059,146 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $14,746 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $19,391 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-197,428 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Contributions received in cash from employer | 2011-12-31 | $86,773 |
| Employer contributions (assets) at end of year | 2011-12-31 | $86,773 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $101,974 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $725,667 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2011-12-31 | No |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
| Accountancy firm name | 2011-12-31 | MASTERS, SMITH, & WISBY, P.A. |
| Accountancy firm EIN | 2011-12-31 | 591466001 |
| 2010 : BRUMOS MOTOR CARS, INC. 401(K) PROFIT SHARING PLAN 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
| Total transfer of assets to this plan | 2010-12-31 | $2,520,341 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $1,397,801 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $398,888 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $383,434 |
| Value of total corrective distributions | 2010-12-31 | $7,922 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $594,552 |
| Value of total assets at end of year | 2010-12-31 | $6,180,511 |
| Value of total assets at beginning of year | 2010-12-31 | $2,661,257 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $7,532 |
| Total interest from all sources | 2010-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $470,450 |
| Participant contributions at end of year | 2010-12-31 | $0 |
| Participant contributions at beginning of year | 2010-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $22,128 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2010-12-31 | $0 |
| Administrative expenses (other) incurred | 2010-12-31 | $536 |
| Liabilities. Value of operating payables at end of year | 2010-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $998,913 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $6,180,511 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $2,661,257 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2010-12-31 | $6,059,146 |
| Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $1,919,524 |
| Value of interest in common/collective trusts at end of year | 2010-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $741,733 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $19,391 |
| Net investment gain/loss from pooled separate accounts | 2010-12-31 | $803,249 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $101,974 |
| Employer contributions (assets) at end of year | 2010-12-31 | $101,974 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $383,434 |
| Contract administrator fees | 2010-12-31 | $6,996 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2010-12-31 | Yes |
| Liabilities. Value of benefit claims payable at end of year | 2010-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2010-12-31 | $0 |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2010-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2010-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
| Accountancy firm name | 2010-12-31 | MASTERS, SMITH & WISBY, P.A. |
| Accountancy firm EIN | 2010-12-31 | 591466001 |
