MILAM INC. DBA MILAM MAZDA (NON-UNI has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MILAM INC. DBA MILAM MAZDA (NON-UNION PLAN) 401(K) PLAN
401k plan membership statisitcs for MILAM INC. DBA MILAM MAZDA (NON-UNION PLAN) 401(K) PLAN
Measure | Date | Value |
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2022 : MILAM INC. DBA MILAM MAZDA (NON-UNION PLAN) 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 | $739,874 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $196,597 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $159,887 |
Value of total corrective distributions | 2022-12-31 | $16,061 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,164,936 |
Value of total assets at end of year | 2022-12-31 | $2,972,464 |
Value of total assets at beginning of year | 2022-12-31 | $2,429,187 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $20,649 |
Total interest from all sources | 2022-12-31 | $866 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $69,159 |
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 | $69,159 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $200,000 |
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 | $602,252 |
Participant contributions at end of year | 2022-12-31 | $19,472 |
Participant contributions at beginning of year | 2022-12-31 | $9,600 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $531,067 |
Total non interest bearing cash at end of year | 2022-12-31 | $60 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $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 | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $543,277 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $2,972,464 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $2,429,187 |
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 |
Investment advisory and management fees | 2022-12-31 | $11,881 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $2,890,488 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $2,348,376 |
Interest on participant loans | 2022-12-31 | $798 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $62,444 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $71,211 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $71,211 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $68 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-495,087 |
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 |
Contributions received in cash from employer | 2022-12-31 | $31,617 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $159,887 |
Contract administrator fees | 2022-12-31 | $8,768 |
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 | BDO USA,P.C. |
Accountancy firm EIN | 2022-12-31 | 135381590 |
2021 : MILAM INC. DBA MILAM MAZDA (NON-UNION PLAN) 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 | $608,612 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $129,114 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $68,006 |
Value of total corrective distributions | 2021-12-31 | $39,457 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $370,380 |
Value of total assets at end of year | 2021-12-31 | $2,429,187 |
Value of total assets at beginning of year | 2021-12-31 | $1,949,689 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $21,651 |
Total interest from all sources | 2021-12-31 | $837 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $253,580 |
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 | $253,580 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
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 | $346,725 |
Participant contributions at end of year | 2021-12-31 | $9,600 |
Participant contributions at beginning of year | 2021-12-31 | $16,256 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $23,655 |
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 | $479,498 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $2,429,187 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $1,949,689 |
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 |
Investment advisory and management fees | 2021-12-31 | $10,059 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $2,348,376 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $1,869,615 |
Interest on participant loans | 2021-12-31 | $837 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $71,211 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $63,818 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $63,818 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $-16,185 |
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 | $68,006 |
Contract administrator fees | 2021-12-31 | $11,592 |
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 | BDO USA LLP |
Accountancy firm EIN | 2021-12-31 | 135381590 |
2010 : MILAM INC. DBA MILAM MAZDA (NON-UNION PLAN) 401(K) PLAN 2010 401k financial data |
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Transfers to/from the plan | 2010-12-31 | $-3,413 |
Total plan liabilities at end of year | 2010-12-31 | $0 |
Total plan liabilities at beginning of year | 2010-12-31 | $0 |
Total income from all sources | 2010-12-31 | $40,756 |
Expenses. Total of all expenses incurred | 2010-12-31 | $95,091 |
Benefits paid (including direct rollovers) | 2010-12-31 | $93,097 |
Total plan assets at end of year | 2010-12-31 | $420,809 |
Total plan assets at beginning of year | 2010-12-31 | $478,557 |
Value of fidelity bond covering the plan | 2010-12-31 | $500,000 |
Total contributions received or receivable from participants | 2010-12-31 | $7,717 |
Expenses. Other expenses not covered elsewhere | 2010-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2010-12-31 | $0 |
Other income received | 2010-12-31 | $33,039 |
Noncash contributions received | 2010-12-31 | $0 |
Net income (gross income less expenses) | 2010-12-31 | $-54,335 |
Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $420,809 |
Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $478,557 |
Assets. Value of participant loans | 2010-12-31 | $3,640 |
Total contributions received or receivable from employer(s) | 2010-12-31 | $0 |
Value of certain deemed distributions of participant loans | 2010-12-31 | $0 |
Value of corrective distributions | 2010-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2010-12-31 | $1,994 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Funding deficiency by the employer to the plan for this plan year | 2010-12-31 | $0 |
Minimum employer required contribution for this plan year | 2010-12-31 | $0 |
Amount contributed by the employer to the plan for this plan year | 2010-12-31 | $0 |
2009 : MILAM INC. DBA MILAM MAZDA (NON-UNION PLAN) 401(K) PLAN 2009 401k financial data |
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Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |