SACRAMENTO AUTO INSURANCE CENTER, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SACRAMENTO AUTO INSURANCE CENTER, INC. 401(K) PLAN
| Measure | Date | Value |
|---|
| 2010 : SACRAMENTO AUTO INSURANCE CENTER, INC. 401(K) PLAN 2010 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $33,931 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $32,438 |
| Total income from all sources (including contributions) | 2010-12-31 | $485,476 |
| Total of all expenses incurred | 2010-12-31 | $725,196 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $724,232 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $259,392 |
| Value of total assets at end of year | 2010-12-31 | $1,840,344 |
| Value of total assets at beginning of year | 2010-12-31 | $2,078,571 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $964 |
| Total interest from all sources | 2010-12-31 | $4,272 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2010-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $207,857 |
| 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 | $197,288 |
| Participant contributions at end of year | 2010-12-31 | $86,017 |
| Participant contributions at beginning of year | 2010-12-31 | $110,230 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $62,104 |
| 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 | $-239,720 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $1,806,413 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $2,046,133 |
| 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 | $1,689,534 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $1,707,683 |
| Income. Interest from loans (other than to participants) | 2010-12-31 | $4,272 |
| Value of interest in common/collective trusts at end of year | 2010-12-31 | $7,681 |
| Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $57,112 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $260,658 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $260,658 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $221,731 |
| Net investment gain or loss from common/collective trusts | 2010-12-31 | $81 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $724,232 |
| Contract administrator fees | 2010-12-31 | $964 |
| Liabilities. Value of benefit claims payable at end of year | 2010-12-31 | $33,931 |
| Liabilities. Value of benefit claims payable at beginning of year | 2010-12-31 | $32,438 |
| 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 | FECTHER & COMPANY CPA |
| Accountancy firm EIN | 2010-12-31 | 208710580 |
