COVERT BUICK, INC. has sponsored the creation of one or more 401k plans.
Additional information about COVERT BUICK, INC.
Measure | Date | Value |
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2022 : COVERT AUTO GROUP 401(K) PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $11,365 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $2,535,092 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $2,497,790 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $4,766,468 |
Value of total assets at end of year | 2022-12-31 | $26,305,591 |
Value of total assets at beginning of year | 2022-12-31 | $28,829,318 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $37,302 |
Total interest from all sources | 2022-12-31 | $36,882 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $19,996 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $19,996 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
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 | $4,674,509 |
Participant contributions at end of year | 2022-12-31 | $557,203 |
Participant contributions at beginning of year | 2022-12-31 | $487,902 |
Participant contributions at end of year | 2022-12-31 | $7,665 |
Participant contributions at beginning of year | 2022-12-31 | $198 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $91,959 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-12-31 | $3,521 |
Other income not declared elsewhere | 2022-12-31 | $-6 |
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 | $-2,523,727 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $26,305,591 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $28,829,318 |
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 | $1,144,448 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $1,244,403 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $1,558,842 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $1,850,266 |
Interest on participant loans | 2022-12-31 | $24,905 |
Interest earned on other investments | 2022-12-31 | $11,977 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $21,812,642 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $24,519,625 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $1,224,791 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $726,924 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-147,838 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-449,364 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $-4,214,773 |
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 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $2,494,269 |
Contract administrator fees | 2022-12-31 | $37,302 |
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 | PEGGY S. EDGE, CPA, LLC |
Accountancy firm EIN | 2022-12-31 | 264221663 |
2021 : COVERT AUTO GROUP 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $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 | $6,946,372 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $2,079,397 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $2,045,081 |
Value of total corrective distributions | 2021-12-31 | $109 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $3,960,525 |
Value of total assets at end of year | 2021-12-31 | $28,829,318 |
Value of total assets at beginning of year | 2021-12-31 | $23,962,343 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $34,207 |
Total interest from all sources | 2021-12-31 | $32,948 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $21,203 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $21,203 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $3,829,749 |
Participant contributions at end of year | 2021-12-31 | $487,902 |
Participant contributions at beginning of year | 2021-12-31 | $473,017 |
Participant contributions at end of year | 2021-12-31 | $198 |
Participant contributions at beginning of year | 2021-12-31 | $2,684 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $130,776 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2021-12-31 | $10,301 |
Other income not declared elsewhere | 2021-12-31 | $1,580 |
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 | $4,866,975 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $28,829,318 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $23,962,343 |
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 | $1,244,403 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $1,001,718 |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $1,850,266 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $1,293,619 |
Interest on participant loans | 2021-12-31 | $25,353 |
Interest earned on other investments | 2021-12-31 | $7,595 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $24,519,625 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $20,600,871 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $726,924 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $590,434 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $134,227 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $256,409 |
Net investment gain or loss from common/collective trusts | 2021-12-31 | $2,539,480 |
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 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $2,034,780 |
Contract administrator fees | 2021-12-31 | $34,207 |
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 | PEGGY S. EDGE, CPA,LLC |
Accountancy firm EIN | 2021-12-31 | 264221663 |
2020 : COVERT AUTO GROUP 401(K) PLAN 2020 401k financial data |
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Unrealized appreciation/depreciation of real estate assets | 2020-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total transfer of assets to this plan | 2020-12-31 | $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 | $5,504,840 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $2,939,864 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $2,909,621 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $0 |
Value of total corrective distributions | 2020-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $2,679,404 |
Value of total assets at end of year | 2020-12-31 | $23,962,343 |
Value of total assets at beginning of year | 2020-12-31 | $21,397,367 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $30,243 |
Total income from rents | 2020-12-31 | $0 |
Total interest from all sources | 2020-12-31 | $37,526 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $19,359 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $19,359 |
Administrative expenses professional fees incurred | 2020-12-31 | $0 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
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 |
Amount of non-exempt transactions with any party-in-interest | 2020-12-31 | $0 |
Contributions received from participants | 2020-12-31 | $2,566,450 |
Participant contributions at end of year | 2020-12-31 | $473,017 |
Participant contributions at beginning of year | 2020-12-31 | $589,412 |
Participant contributions at end of year | 2020-12-31 | $2,684 |
Participant contributions at beginning of year | 2020-12-31 | $14,530 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $112,954 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-31 | $3,328 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
Other income not declared elsewhere | 2020-12-31 | $0 |
Administrative expenses (other) incurred | 2020-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $0 |
Total non interest bearing cash at end of year | 2020-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $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 | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $2,564,976 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $23,962,343 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $21,397,367 |
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 |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2020-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2020-12-31 | $0 |
Investment advisory and management fees | 2020-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $1,001,718 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $896,686 |
Value of interest in pooled separate accounts at end of year | 2020-12-31 | $1,293,619 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $873,139 |
Interest on participant loans | 2020-12-31 | $29,405 |
Income. Interest from loans (other than to participants) | 2020-12-31 | $0 |
Interest earned on other investments | 2020-12-31 | $8,121 |
Income. Interest from US Government securities | 2020-12-31 | $0 |
Income. Interest from corporate debt instruments | 2020-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $20,600,871 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $18,503,761 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $590,434 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $519,839 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $58,431 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $257,758 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $2,452,362 |
Net gain/loss from 103.12 investment entities | 2020-12-31 | $0 |
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 | Yes |
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 | $0 |
Employer contributions (assets) at end of year | 2020-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
Income. Dividends from preferred stock | 2020-12-31 | $0 |
Income. Dividends from common stock | 2020-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $2,906,293 |
Contract administrator fees | 2020-12-31 | $30,243 |
Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $0 |
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 |
Aggregate proceeds on sale of assets | 2020-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2020-12-31 | $0 |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
Accountancy firm name | 2020-12-31 | PEGGY EDGE, CPA, LLC |
Accountancy firm EIN | 2020-12-31 | 741982741 |
2019 : COVERT AUTO GROUP 401(K) PLAN 2019 401k financial data |
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Unrealized appreciation/depreciation of real estate assets | 2019-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total transfer of assets to this plan | 2019-12-31 | $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 | $6,131,263 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $1,304,980 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,273,602 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $0 |
Value of total corrective distributions | 2019-12-31 | $422 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $2,984,737 |
Value of total assets at end of year | 2019-12-31 | $21,397,367 |
Value of total assets at beginning of year | 2019-12-31 | $16,571,084 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $30,956 |
Total income from rents | 2019-12-31 | $0 |
Total interest from all sources | 2019-12-31 | $31,283 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $16,657 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $16,657 |
Administrative expenses professional fees incurred | 2019-12-31 | $0 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
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 |
Amount of non-exempt transactions with any party-in-interest | 2019-12-31 | $0 |
Contributions received from participants | 2019-12-31 | $2,394,699 |
Participant contributions at end of year | 2019-12-31 | $589,412 |
Participant contributions at beginning of year | 2019-12-31 | $391,920 |
Participant contributions at end of year | 2019-12-31 | $14,530 |
Participant contributions at beginning of year | 2019-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $590,038 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2019-12-31 | $3,126 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $0 |
Other income not declared elsewhere | 2019-12-31 | $0 |
Administrative expenses (other) incurred | 2019-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $0 |
Total non interest bearing cash at end of year | 2019-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $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 | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $4,826,283 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $21,397,367 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $16,571,084 |
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 |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2019-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2019-12-31 | $0 |
Investment advisory and management fees | 2019-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $896,686 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $445,231 |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $873,139 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $685,442 |
Interest on participant loans | 2019-12-31 | $27,459 |
Income. Interest from loans (other than to participants) | 2019-12-31 | $0 |
Interest earned on other investments | 2019-12-31 | $3,824 |
Income. Interest from US Government securities | 2019-12-31 | $0 |
Income. Interest from corporate debt instruments | 2019-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $18,503,761 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $14,798,721 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $519,839 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $249,770 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $86,717 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $168,889 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $2,842,980 |
Net gain/loss from 103.12 investment entities | 2019-12-31 | $0 |
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 | $0 |
Employer contributions (assets) at end of year | 2019-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
Income. Dividends from preferred stock | 2019-12-31 | $0 |
Income. Dividends from common stock | 2019-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,270,476 |
Contract administrator fees | 2019-12-31 | $30,956 |
Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $0 |
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 |
Aggregate proceeds on sale of assets | 2019-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2019-12-31 | $0 |
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 | PEGGY EDGE |
Accountancy firm EIN | 2019-12-31 | 264527814 |
2018 : COVERT AUTO GROUP 401(K) PLAN 2018 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2018-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total transfer of assets to this plan | 2018-12-31 | $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 | $1,004,614 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $2,187,712 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $2,163,449 |
Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $0 |
Value of total corrective distributions | 2018-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $2,127,040 |
Value of total assets at end of year | 2018-12-31 | $16,571,084 |
Value of total assets at beginning of year | 2018-12-31 | $17,754,182 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $24,263 |
Total income from rents | 2018-12-31 | $0 |
Total interest from all sources | 2018-12-31 | $22,741 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $11,993 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $11,993 |
Administrative expenses professional fees incurred | 2018-12-31 | $0 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $1,000,000 |
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 |
Amount of non-exempt transactions with any party-in-interest | 2018-12-31 | $0 |
Contributions received from participants | 2018-12-31 | $2,121,632 |
Participant contributions at end of year | 2018-12-31 | $391,920 |
Participant contributions at beginning of year | 2018-12-31 | $306,540 |
Participant contributions at end of year | 2018-12-31 | $0 |
Participant contributions at beginning of year | 2018-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $5,408 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2018-12-31 | $3,995 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $0 |
Other income not declared elsewhere | 2018-12-31 | $574 |
Administrative expenses (other) incurred | 2018-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $0 |
Total non interest bearing cash at end of year | 2018-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2018-12-31 | $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 | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-1,183,098 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $16,571,084 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $17,754,182 |
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 |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2018-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2018-12-31 | $0 |
Investment advisory and management fees | 2018-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $445,231 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $498,741 |
Value of interest in pooled separate accounts at end of year | 2018-12-31 | $685,442 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $465,005 |
Interest on participant loans | 2018-12-31 | $19,712 |
Income. Interest from loans (other than to participants) | 2018-12-31 | $0 |
Interest earned on other investments | 2018-12-31 | $3,029 |
Income. Interest from US Government securities | 2018-12-31 | $0 |
Income. Interest from corporate debt instruments | 2018-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $14,798,721 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $16,263,341 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $249,770 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $220,555 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-31,766 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-45,339 |
Net investment gain or loss from common/collective trusts | 2018-12-31 | $-1,080,629 |
Net gain/loss from 103.12 investment entities | 2018-12-31 | $0 |
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 | $0 |
Employer contributions (assets) at end of year | 2018-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $0 |
Income. Dividends from preferred stock | 2018-12-31 | $0 |
Income. Dividends from common stock | 2018-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $2,159,454 |
Contract administrator fees | 2018-12-31 | $24,263 |
Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $0 |
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 |
Aggregate proceeds on sale of assets | 2018-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2018-12-31 | $0 |
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 | PEGGY EDGE |
Accountancy firm EIN | 2018-12-31 | 264527814 |
2017 : COVERT AUTO GROUP 401(K) PLAN 2017 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2017-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total transfer of assets to this plan | 2017-12-31 | $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 |
Expenses. Interest paid | 2017-12-31 | $0 |
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $4,210,330 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $1,709,298 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $1,689,321 |
Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $0 |
Value of total corrective distributions | 2017-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $2,119,621 |
Value of total assets at end of year | 2017-12-31 | $17,754,182 |
Value of total assets at beginning of year | 2017-12-31 | $15,253,150 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $19,977 |
Total income from rents | 2017-12-31 | $0 |
Total interest from all sources | 2017-12-31 | $19,328 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $11,100 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $11,100 |
Administrative expenses professional fees incurred | 2017-12-31 | $0 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2017-12-31 | $0 |
Contributions received from participants | 2017-12-31 | $1,759,360 |
Participant contributions at end of year | 2017-12-31 | $306,540 |
Participant contributions at beginning of year | 2017-12-31 | $304,233 |
Participant contributions at end of year | 2017-12-31 | $0 |
Participant contributions at beginning of year | 2017-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $360,261 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2017-12-31 | $1,224 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $0 |
Other income not declared elsewhere | 2017-12-31 | $68 |
Administrative expenses (other) incurred | 2017-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $0 |
Total non interest bearing cash at end of year | 2017-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2017-12-31 | $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 | 2017-12-31 | No |
Income. Non cash contributions | 2017-12-31 | $0 |
Value of net income/loss | 2017-12-31 | $2,501,032 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $17,754,182 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $15,253,150 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2017-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2017-12-31 | $0 |
Investment advisory and management fees | 2017-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $498,741 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $424,282 |
Value of interest in pooled separate accounts at end of year | 2017-12-31 | $465,005 |
Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $321,744 |
Interest on participant loans | 2017-12-31 | $12,917 |
Income. Interest from loans (other than to participants) | 2017-12-31 | $0 |
Interest earned on other investments | 2017-12-31 | $6,411 |
Income. Interest from US Government securities | 2017-12-31 | $0 |
Income. Interest from corporate debt instruments | 2017-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2017-12-31 | $16,263,341 |
Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $13,579,049 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $220,555 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $623,842 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $60,181 |
Net investment gain/loss from pooled separate accounts | 2017-12-31 | $60,081 |
Net investment gain or loss from common/collective trusts | 2017-12-31 | $1,939,951 |
Net gain/loss from 103.12 investment entities | 2017-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $0 |
Employer contributions (assets) at end of year | 2017-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $0 |
Income. Dividends from preferred stock | 2017-12-31 | $0 |
Income. Dividends from common stock | 2017-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $1,688,097 |
Contract administrator fees | 2017-12-31 | $19,977 |
Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $0 |
Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Aggregate proceeds on sale of assets | 2017-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2017-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | PEGGY EDGE |
Accountancy firm EIN | 2017-12-31 | 264527814 |
2016 : COVERT AUTO GROUP 401(K) PLAN 2016 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2016-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total transfer of assets to this plan | 2016-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Expenses. Interest paid | 2016-12-31 | $0 |
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2016-12-31 | $0 |
Total income from all sources (including contributions) | 2016-12-31 | $2,910,188 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $401,842 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $382,973 |
Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $0 |
Value of total corrective distributions | 2016-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $1,994,831 |
Value of total assets at end of year | 2016-12-31 | $15,253,150 |
Value of total assets at beginning of year | 2016-12-31 | $12,744,804 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $18,869 |
Total income from rents | 2016-12-31 | $0 |
Total interest from all sources | 2016-12-31 | $22,393 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $11,554 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $11,554 |
Administrative expenses professional fees incurred | 2016-12-31 | $0 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2016-12-31 | $0 |
Contributions received from participants | 2016-12-31 | $1,562,050 |
Participant contributions at end of year | 2016-12-31 | $304,233 |
Participant contributions at beginning of year | 2016-12-31 | $372,562 |
Participant contributions at end of year | 2016-12-31 | $0 |
Participant contributions at beginning of year | 2016-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $432,781 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2016-12-31 | $372 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $0 |
Other income not declared elsewhere | 2016-12-31 | $0 |
Administrative expenses (other) incurred | 2016-12-31 | $218 |
Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $0 |
Total non interest bearing cash at end of year | 2016-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2016-12-31 | $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 | 2016-12-31 | No |
Income. Non cash contributions | 2016-12-31 | $0 |
Value of net income/loss | 2016-12-31 | $2,508,346 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $15,253,150 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $12,744,804 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2016-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2016-12-31 | $0 |
Investment advisory and management fees | 2016-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $424,282 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $254,663 |
Value of interest in pooled separate accounts at end of year | 2016-12-31 | $321,744 |
Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $259,288 |
Interest on participant loans | 2016-12-31 | $14,549 |
Income. Interest from loans (other than to participants) | 2016-12-31 | $0 |
Interest earned on other investments | 2016-12-31 | $7,844 |
Income. Interest from US Government securities | 2016-12-31 | $0 |
Income. Interest from corporate debt instruments | 2016-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2016-12-31 | $13,579,049 |
Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $11,783,537 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $623,842 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $74,754 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2016-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $37,383 |
Net investment gain/loss from pooled separate accounts | 2016-12-31 | $23,076 |
Net investment gain or loss from common/collective trusts | 2016-12-31 | $820,951 |
Net gain/loss from 103.12 investment entities | 2016-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $0 |
Employer contributions (assets) at end of year | 2016-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $0 |
Income. Dividends from preferred stock | 2016-12-31 | $0 |
Income. Dividends from common stock | 2016-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $382,601 |
Contract administrator fees | 2016-12-31 | $18,651 |
Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $0 |
Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Aggregate proceeds on sale of assets | 2016-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2016-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | PEGGY S. EDGE, CPA, LLC |
Accountancy firm EIN | 2016-12-31 | 264527814 |
2015 : COVERT AUTO GROUP 401(K) PLAN 2015 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2015-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
Total transfer of assets to this plan | 2015-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Expenses. Interest paid | 2015-12-31 | $0 |
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2015-12-31 | $0 |
Total income from all sources (including contributions) | 2015-12-31 | $1,327,812 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $730,388 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $719,087 |
Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $2,714 |
Value of total corrective distributions | 2015-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $1,350,700 |
Value of total assets at end of year | 2015-12-31 | $12,744,804 |
Value of total assets at beginning of year | 2015-12-31 | $12,147,380 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $8,587 |
Total income from rents | 2015-12-31 | $0 |
Total interest from all sources | 2015-12-31 | $26,587 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $11,188 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $11,188 |
Administrative expenses professional fees incurred | 2015-12-31 | $0 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | Yes |
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 |
Amount of non-exempt transactions with any party-in-interest | 2015-12-31 | $0 |
Contributions received from participants | 2015-12-31 | $1,182,420 |
Participant contributions at end of year | 2015-12-31 | $372,562 |
Participant contributions at beginning of year | 2015-12-31 | $282,790 |
Participant contributions at end of year | 2015-12-31 | $0 |
Participant contributions at beginning of year | 2015-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $168,280 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2015-12-31 | $53 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $0 |
Other income not declared elsewhere | 2015-12-31 | $-310 |
Administrative expenses (other) incurred | 2015-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $0 |
Total non interest bearing cash at end of year | 2015-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2015-12-31 | $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 | 2015-12-31 | No |
Income. Non cash contributions | 2015-12-31 | $0 |
Value of net income/loss | 2015-12-31 | $597,424 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $12,744,804 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $12,147,380 |
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 |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2015-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2015-12-31 | $0 |
Investment advisory and management fees | 2015-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $254,663 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $7,342,702 |
Value of interest in pooled separate accounts at end of year | 2015-12-31 | $259,288 |
Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $0 |
Interest on participant loans | 2015-12-31 | $13,830 |
Income. Interest from loans (other than to participants) | 2015-12-31 | $0 |
Interest earned on other investments | 2015-12-31 | $458 |
Income. Interest from US Government securities | 2015-12-31 | $0 |
Income. Interest from corporate debt instruments | 2015-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2015-12-31 | $11,783,537 |
Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $4,521,888 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $4,521,888 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $12,299 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $74,754 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $0 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2015-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $351,954 |
Net investment gain/loss from pooled separate accounts | 2015-12-31 | $-5,181 |
Net investment gain or loss from common/collective trusts | 2015-12-31 | $-407,126 |
Net gain/loss from 103.12 investment entities | 2015-12-31 | $0 |
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 | $0 |
Employer contributions (assets) at end of year | 2015-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $0 |
Income. Dividends from preferred stock | 2015-12-31 | $0 |
Income. Dividends from common stock | 2015-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $719,034 |
Contract administrator fees | 2015-12-31 | $8,587 |
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 | 2015-12-31 | Yes |
Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $0 |
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 |
Aggregate proceeds on sale of assets | 2015-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2015-12-31 | $0 |
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 | PEGGY S. EDGE, CPA, LLC |
Accountancy firm EIN | 2015-12-31 | 264527814 |
2014 : COVERT AUTO GROUP 401(K) PLAN 2014 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $185,088 |
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $185,088 |
Total income from all sources (including contributions) | 2014-12-31 | $1,414,390 |
Total of all expenses incurred | 2014-12-31 | $1,015,777 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $1,006,044 |
Expenses. Certain deemed distributions of participant loans | 2014-12-31 | $8,833 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $833,230 |
Value of total assets at end of year | 2014-12-31 | $12,147,380 |
Value of total assets at beginning of year | 2014-12-31 | $11,748,767 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $900 |
Total interest from all sources | 2014-12-31 | $42,342 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $55,191 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $55,191 |
Was this plan covered by a fidelity bond | 2014-12-31 | No |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $677,245 |
Participant contributions at end of year | 2014-12-31 | $282,790 |
Participant contributions at beginning of year | 2014-12-31 | $234,044 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $155,985 |
Administrative expenses (other) incurred | 2014-12-31 | $900 |
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 | $398,613 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $12,147,380 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $11,748,767 |
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 registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $7,342,702 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $7,075,227 |
Interest on participant loans | 2014-12-31 | $11,003 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $4,521,888 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $4,439,496 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $4,439,496 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $31,339 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $298,539 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $1,006,044 |
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 | 2014-12-31 | No |
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 | PEGGY S. EDGE, CPA, LLC |
Accountancy firm EIN | 2014-12-31 | 264527814 |
2013 : COVERT AUTO GROUP 401(K) PLAN 2013 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $1,458,469 |
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $1,458,469 |
Total income from all sources (including contributions) | 2013-12-31 | $2,322,800 |
Total of all expenses incurred | 2013-12-31 | $747,418 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $739,034 |
Expenses. Certain deemed distributions of participant loans | 2013-12-31 | $7,384 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $649,216 |
Value of total assets at end of year | 2013-12-31 | $11,748,767 |
Value of total assets at beginning of year | 2013-12-31 | $10,173,385 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $1,000 |
Total interest from all sources | 2013-12-31 | $47,319 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $53,644 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $53,644 |
Was this plan covered by a fidelity bond | 2013-12-31 | No |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $566,841 |
Participant contributions at end of year | 2013-12-31 | $234,044 |
Participant contributions at beginning of year | 2013-12-31 | $235,890 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $82,375 |
Administrative expenses (other) incurred | 2013-12-31 | $1,000 |
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 | $1,575,382 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $11,748,767 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $10,173,385 |
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 registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $7,075,227 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $9,304,087 |
Interest on participant loans | 2013-12-31 | $10,693 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $4,439,496 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $633,408 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $633,408 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $36,626 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $114,152 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $739,034 |
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 | PEGGY S. EDGE, CPA, LLC |
Accountancy firm EIN | 2013-12-31 | 264527814 |
2012 : COVERT AUTO GROUP 401(K) PLAN 2012 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $1,052,579 |
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $1,052,579 |
Total income from all sources (including contributions) | 2012-12-31 | $1,764,191 |
Total of all expenses incurred | 2012-12-31 | $212,301 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $212,301 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $543,611 |
Value of total assets at end of year | 2012-12-31 | $10,173,385 |
Value of total assets at beginning of year | 2012-12-31 | $8,621,495 |
Total interest from all sources | 2012-12-31 | $17,595 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Was this plan covered by a fidelity bond | 2012-12-31 | No |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $511,628 |
Participant contributions at end of year | 2012-12-31 | $235,890 |
Participant contributions at beginning of year | 2012-12-31 | $240,842 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $31,983 |
Other income not declared elsewhere | 2012-12-31 | $2,162 |
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 | $1,551,890 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $10,173,385 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $8,621,495 |
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 registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $9,304,087 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $7,802,739 |
Interest on participant loans | 2012-12-31 | $10,108 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $633,408 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $577,914 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $577,914 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $7,487 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $148,244 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $212,301 |
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 | No |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | PHILLIPS ANKER, PC |
Accountancy firm EIN | 2012-12-31 | 742778134 |
2011 : COVERT AUTO GROUP 401(K) PLAN 2011 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $-379,647 |
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $-379,647 |
Total income from all sources (including contributions) | 2011-12-31 | $184,577 |
Total of all expenses incurred | 2011-12-31 | $648,633 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $648,633 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $448,082 |
Value of total assets at end of year | 2011-12-31 | $8,621,495 |
Value of total assets at beginning of year | 2011-12-31 | $9,085,551 |
Total interest from all sources | 2011-12-31 | $20,439 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Was this plan covered by a fidelity bond | 2011-12-31 | No |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $448,082 |
Participant contributions at end of year | 2011-12-31 | $240,842 |
Participant contributions at beginning of year | 2011-12-31 | $249,829 |
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 | $-464,056 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $8,621,495 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $9,085,551 |
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 registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $7,802,739 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $8,293,218 |
Interest on participant loans | 2011-12-31 | $11,269 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $577,914 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $542,504 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $542,504 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $9,170 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $95,703 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $648,633 |
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 | No |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | PHILLIPS ANKER, PC |
Accountancy firm EIN | 2011-12-31 | 742778134 |
2010 : COVERT AUTO GROUP 401(K) PLAN 2010 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $800,423 |
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $800,423 |
Total income from all sources (including contributions) | 2010-12-31 | $1,395,449 |
Total of all expenses incurred | 2010-12-31 | $188,093 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $188,093 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $491,560 |
Value of total assets at end of year | 2010-12-31 | $9,085,551 |
Value of total assets at beginning of year | 2010-12-31 | $7,878,195 |
Total interest from all sources | 2010-12-31 | $23,890 |
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 | No |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $446,364 |
Participant contributions at end of year | 2010-12-31 | $249,829 |
Participant contributions at beginning of year | 2010-12-31 | $280,761 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $45,196 |
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 | $1,207,356 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $9,085,551 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $7,878,195 |
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 registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $8,293,218 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $7,138,066 |
Interest on participant loans | 2010-12-31 | $14,902 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $542,504 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $459,368 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $459,368 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $8,988 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $79,576 |
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 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $188,093 |
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 | No |
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 |
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 | PEGGY S. EDGE, CPA, LLC |
Accountancy firm EIN | 2010-12-31 | 264527814 |
2009 : COVERT AUTO GROUP 401(K) PLAN 2009 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2009-12-31 | $1,456,093 |
Total unrealized appreciation/depreciation of assets | 2009-12-31 | $1,456,093 |
Total income from all sources (including contributions) | 2009-12-31 | $1,995,508 |
Total of all expenses incurred | 2009-12-31 | $149,972 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2009-12-31 | $149,972 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2009-12-31 | $439,480 |
Value of total assets at end of year | 2009-12-31 | $7,878,195 |
Value of total assets at beginning of year | 2009-12-31 | $6,032,659 |
Total interest from all sources | 2009-12-31 | $19,353 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2009-12-31 | No |
Was this plan covered by a fidelity bond | 2009-12-31 | No |
If this is an individual account plan, was there a blackout period | 2009-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2009-12-31 | No |
Contributions received from participants | 2009-12-31 | $393,362 |
Participant contributions at end of year | 2009-12-31 | $280,761 |
Participant contributions at beginning of year | 2009-12-31 | $200,206 |
Income. Received or receivable in cash from other sources (including rollovers) | 2009-12-31 | $46,118 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2009-12-31 | No |
Value of net income/loss | 2009-12-31 | $1,845,536 |
Value of net assets at end of year (total assets less liabilities) | 2009-12-31 | $7,878,195 |
Value of net assets at beginning of year (total assets less liabilities) | 2009-12-31 | $6,032,659 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2009-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2009-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2009-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2009-12-31 | $7,138,066 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2009-12-31 | $5,518,139 |
Interest on participant loans | 2009-12-31 | $16,974 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2009-12-31 | $459,368 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2009-12-31 | $314,314 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2009-12-31 | $314,314 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2009-12-31 | $2,379 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2009-12-31 | $80,582 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2009-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2009-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2009-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2009-12-31 | $149,972 |
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 | 2009-12-31 | No |
Did the plan have assets held for investment | 2009-12-31 | 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 | 2009-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2009-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2009-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2009-12-31 | Disclaimer |
Accountancy firm name | 2009-12-31 | PEGGY S. EDGE, CPA, LLC |
Accountancy firm EIN | 2009-12-31 | 264527814 |
2008 : COVERT AUTO GROUP 401(K) PLAN 2008 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2008-12-31 | $-3,269,177 |
Total unrealized appreciation/depreciation of assets | 2008-12-31 | $-3,269,177 |
Total income from all sources (including contributions) | 2008-12-31 | $-2,569,231 |
Total of all expenses incurred | 2008-12-31 | $435,710 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2008-12-31 | $435,710 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2008-12-31 | $480,326 |
Value of total assets at end of year | 2008-12-31 | $6,032,659 |
Value of total assets at beginning of year | 2008-12-31 | $9,037,600 |
Total interest from all sources | 2008-12-31 | $22,117 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2008-12-31 | No |
Was this plan covered by a fidelity bond | 2008-12-31 | No |
If this is an individual account plan, was there a blackout period | 2008-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2008-12-31 | No |
Contributions received from participants | 2008-12-31 | $474,422 |
Participant contributions at end of year | 2008-12-31 | $200,206 |
Participant contributions at beginning of year | 2008-12-31 | $197,998 |
Income. Received or receivable in cash from other sources (including rollovers) | 2008-12-31 | $5,904 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2008-12-31 | No |
Value of net income/loss | 2008-12-31 | $-3,004,941 |
Value of net assets at end of year (total assets less liabilities) | 2008-12-31 | $6,032,659 |
Value of net assets at beginning of year (total assets less liabilities) | 2008-12-31 | $9,037,600 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2008-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2008-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2008-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2008-12-31 | $5,518,139 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2008-12-31 | $8,619,277 |
Interest on participant loans | 2008-12-31 | $16,497 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2008-12-31 | $314,314 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2008-12-31 | $220,325 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2008-12-31 | $220,325 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2008-12-31 | $5,620 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2008-12-31 | $197,503 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2008-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2008-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2008-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2008-12-31 | $435,710 |
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 | 2008-12-31 | No |
Did the plan have assets held for investment | 2008-12-31 | 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 | 2008-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2008-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2008-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2008-12-31 | Disclaimer |
Accountancy firm name | 2008-12-31 | PEGGY S. EDGE, CPA, LLC |
Accountancy firm EIN | 2008-12-31 | 264527814 |
2007 : COVERT AUTO GROUP 401(K) PLAN 2007 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2007-12-31 | $-188,943 |
Total unrealized appreciation/depreciation of assets | 2007-12-31 | $-188,943 |
Total income from all sources (including contributions) | 2007-12-31 | $957,082 |
Total of all expenses incurred | 2007-12-31 | $712,510 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2007-12-31 | $712,510 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2007-12-31 | $534,744 |
Value of total assets at end of year | 2007-12-31 | $9,037,600 |
Value of total assets at beginning of year | 2007-12-31 | $8,793,028 |
Total interest from all sources | 2007-12-31 | $20,846 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2007-12-31 | No |
Was this plan covered by a fidelity bond | 2007-12-31 | No |
If this is an individual account plan, was there a blackout period | 2007-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2007-12-31 | No |
Contributions received from participants | 2007-12-31 | $527,410 |
Participant contributions at end of year | 2007-12-31 | $197,998 |
Participant contributions at beginning of year | 2007-12-31 | $137,115 |
Income. Received or receivable in cash from other sources (including rollovers) | 2007-12-31 | $7,334 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2007-12-31 | No |
Value of net income/loss | 2007-12-31 | $244,572 |
Value of net assets at end of year (total assets less liabilities) | 2007-12-31 | $9,037,600 |
Value of net assets at beginning of year (total assets less liabilities) | 2007-12-31 | $8,793,028 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2007-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2007-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2007-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2007-12-31 | $8,619,277 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2007-12-31 | $8,490,340 |
Interest on participant loans | 2007-12-31 | $11,734 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2007-12-31 | $220,325 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2007-12-31 | $165,573 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2007-12-31 | $165,573 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2007-12-31 | $9,112 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2007-12-31 | $590,435 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2007-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2007-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2007-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2007-12-31 | $712,510 |
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 | 2007-12-31 | No |
Did the plan have assets held for investment | 2007-12-31 | 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 | 2007-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2007-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2007-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2007-12-31 | Disclaimer |
Accountancy firm name | 2007-12-31 | PEGGY S. EDGE, CPA, LLC |
Accountancy firm EIN | 2007-12-31 | 264527814 |