Profile
Rainey Used Cars, Inc. 401(K) Plan in Dawson, GA is in Georgia, its EIN is 582050712, its industry group is Automobile Dealers, its plan administrator is Lisa Cosper, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, in the nationwide top 250 in total assets, provides participant-directed brokerage accounts as investment options, is a single-employer plan, its business code is 441120, has 100 to 499 total participants, and is worse than the overall participant averages in each of average account balance, active-participant contributions per head, and employer contributions per active participant.
Numeric values:
- net assets (assets minus liabilities) ($960K)
- total assets ($956,627)
- value of interest in registered investment companies (e.g., mutual funds) ($950K)
- total assets at beginning of plan year ($802,019)
- total contributions ($414,258)
- total income ($247,357)
- cash contributions from participants ($231,820)
- net income ($154,608)
- cash contributions from employers ($138,787)
- total expenses ($92,749)
- receivables - participant contributions ($4,620)
- average account balance ($3,047)
- receivables - employer contributions ($2,933)
- average employer+participant cash contribution per active participant ($1,207)
- contract administrator fees ($1,155)
- total administrative expenses ($1,155)
- average participant cash contribution per active participant ($755.10)
- net income per total participant ($492.40)
- average employer cash contribution per active participant ($452.10)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($28)
- total administrative expense per participant ($3.68)
- total noninterest-bearing cash ($0)
- other receivables (not employer nor participant contributions) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- participant loans ($0)
- value of interest in common/collective trusts ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- corrective distributions ($0)
- professional fees ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- earnings on investments (-$166,901)
- net earnings on investments (-$166,901)
- percentage of active participants (97.8%)
- growth in total assets during the plan year (19.3%)
- diversity of asset types (1.6%)
- total administrative expense ratio (0.120%)
- total cash as a percentage of plan assets (0.00%)
- participant loans as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- yield on beginning-of-plan-year total assets (-20.81%)
- active participants (307)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (314)
- other retired or separated participants entitled to future benefits (7)
- retired or separated participants receiving benefits (0)
- total participants (314)