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FORM 5500 DATA

The Automotive Group, Inc. 401k Plan & Trust

Overview

Plan Information

  • Plan Year01/01/2009 — 12/31/2009
  • Date of Plan04/01/1994
  • Net Assets as of 12/31/2009 $4,070,902
  • Plan Number1
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2009

  • Active (Eligible) Participants235
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits104
  • Subtotal339
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total339
  • Total number of participants as of 01/01/2009375
  • Number of participants with account balances194
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested0

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address450 W. Vista Way
  • CityVista
  • StateCA
  • Zip92083
  • Telephone(760) 291-2580
  • EIN33-0633379
  • Industry Code441110
  • Named AdministratorKen Garelick
  • Named Plan SponsorKen Garelick

Plan Administrator Information

  • Administrator NameThe Automotive Group, Inc.
  • Address450 W. Vista Way
  • CityVista
  • StateCA
  • Zip92083
  • Telephone(760) 291-2580
  • Administrator EIN33-0633379

Audit Information

  • Audit StatusAudited
  • AuditorParke, Guptill & Co.,LLP
  • Auditor EIN95-3378831
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2F ERISA section 404(c) Plan This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
2G Total participant-directed account plan Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J Code section 401(k) feature A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
2K Code section 401(m) arrangement Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $350,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Financials

Income and Expense Statement

Income $948,440
Contributions $291,916
Cash Contributions $291,916
Cash from Employers $37
Cash from Participants $288,326
Others (including rollovers) $3,553
Noncash Contributions $0
Total Earnings on Investments $614,847
Total Interest $17,688
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $17,688
Interest from Other Investments $0
Total Dividends $0
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $0
Real Estate $0
Other $0
Net investment gain (loss) from common/collective trusts $0
Net investment gain (loss) from pooled separate accounts $597,159
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $0
Other Income $41,677
Expenses $324,535
Total Benefit Payments $298,538
Directly to participants or beneficiaries, including direct rollovers $298,538
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $25,997
Professional Fees $0
Contract Administrator Fees $25,997
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $623,905
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2009 12/31/2008 Change YOY
Total Assets $4,070,902 $3,446,997 18.10%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $92 $203 -54.68%
Employer Contributions $0 $0 0.0%
Participant Contributions $92 $203 -54.68%
Other Contributions $0 $0 0.0%
General Investments $0 $0 0.0%
Interest-bearing cash $0 $0 0.0%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $169,011 $234,602 -27.96%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $2,649,529 $1,874,810 41.32%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $0 $0 0.0%
Value of funds held in insurance co. general account $1,252,270 $1,337,382 -6.36%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $0 $0 0.0%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $4,070,902 $3,446,997 18.10%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Transamerica Life Insurance Company

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Transamerica Life Insurance Company Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Investment management fees paid indirectly by plan, Float revenue, Recordkeeping fees, Other insurance wrap fees Recordkeeper $27,797 $0 $27,797
Total $27,797 $0 $27,797

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Transamerica Partners Mid Value Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $190,698
American Century Inflation-Adjusted Transamerica Life Insurance Company DFE: Pooled Separate Account $170,964
Fidelity Advisor Mid Cap Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $148,828
Vanguard Target Retirement 2035 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $142,613
Templeton Foreign Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $130,609
American Funds Growth Fund of Ameri Transamerica Life Insurance Company DFE: Pooled Separate Account $120,935
Loomis Sayles Investment Grade Bond Transamerica Life Insurance Company DFE: Pooled Separate Account $117,071
Vanguard Target Retirement 2025 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $116,803
Wells Fargo Advantage Small Cap Val Transamerica Life Insurance Company DFE: Pooled Separate Account $104,879
Columbia Mid Cap Value Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $97,272
Evergreen Precious Metals Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $97,156
Loomis Sayles Bond Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $97,151
Jennison Natural Resources Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $84,662
Vanguard Target Retirement 2045 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $69,687
First American Real Estate Securiti Transamerica Life Insurance Company DFE: Pooled Separate Account $62,911
Janus Adviser International Growth Transamerica Life Insurance Company DFE: Pooled Separate Account $62,325
Fidelity Advisor Small Cap Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $61,592
Transamerica Partners Stock Index R Transamerica Life Insurance Company DFE: Pooled Separate Account $57,558
Oppenheimer International Bond Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $49,911
Columbia High Income Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $48,029
Transamerica Equity Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $47,581
Oppenheimer Global Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $41,761
Transamerica Growth Opportunities R Transamerica Life Insurance Company DFE: Pooled Separate Account $40,782
Vanguard Target Retirement 2015 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $35,184
American Funds Balanced Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $34,188
Ivy Science & Technology Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $32,761
Aim Leisure Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $32,746
Columbia Intermediate Bond Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $31,290
Transamerica Partners Core Bond Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $26,063
American Funds Washington Mutual In Transamerica Life Insurance Company DFE: Pooled Separate Account $25,800
Jpmorgan Government Securities Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $25,755
Transamerica Small/Mid Cap Value Re Transamerica Life Insurance Company DFE: Pooled Separate Account $24,027
Fidelity Advisor Leveraged Company Transamerica Life Insurance Company DFE: Pooled Separate Account $19,879
Transamerica Balanced Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $19,589
Vanguard Target Retirement 2020 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $14,384
Ssga Msci Emerging Markets Index Re Transamerica Life Insurance Company DFE: Pooled Separate Account $14,256
Alliancebernstein International Val Transamerica Life Insurance Company DFE: Pooled Separate Account $13,641
Jennison Utility Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $12,501
Thornburg International Value Ret O Transamerica Life Insurance Company DFE: Pooled Separate Account $11,814
Goldman Sachs Mid Cap Value Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $11,167
Transamerica Aggressive Growth Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $10,790
Goldman Sachs Tollkeeper Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $10,138
Aim International Growth Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $7,798
Vanguard Target Retirement 2030 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $6,547
American Funds New Perspective Inv Transamerica Life Insurance Company DFE: Pooled Separate Account $6,026
Vanguard Target Retirement 2050 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $5,458
Vanguard Target Retirement 2040 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $5,050
Vanguard Target Retirement 2005 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $5,043
American Funds Europacific Growth R Transamerica Life Insurance Company DFE: Pooled Separate Account $4,074
Evergreen Utility and Telecommunica Transamerica Life Insurance Company DFE: Pooled Separate Account $3,600
Ssga Dow Jones Small Cap Value Inde Transamerica Life Insurance Company DFE: Pooled Separate Account $3,294
Ssga Small-Cap Index Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $2,205
Munder Mid-Cap Core Growth Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $1,180
American Funds Fundamental Investor Transamerica Life Insurance Company DFE: Pooled Separate Account $143
Alger Capital Appreciation Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Total $2,618,169

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Transamerica Life Insurance Co. 194
EIN 39-0989781
Industry Code 86231
Contract Number 995760-000
Contract Year 01/01/2009 — 12/31/2009
Value in General Account at Year End $0
Value in Separate Accounts at Year End $2,649,529
Insurance Fees and Commissions $8,213
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
William J Peartree 9171 Towne Centre Drive Ste 200 San Diego, CA 92122 Insurance Agent or Broker $8,213 $0
Allocated Funds
Type of Contract Unspecified
Basis of premium rates
Premiums paid to carrier $0
Premiums due but unpaid at the end of the year $0
If the carrier, service, or other organization incurred any specific costs in connection with the acquisition or retention of the contract or policy, enter amount $0
Specify the nature of the costs
Unallocated Funds
Type of Contract STABLE VALUE OPTION
Balance at the end of the previous year $1,337,382
Additions $686,905
Contributions Deposited during the year $86,150
Dividends and credits $0
Interest credited during the year $41,677
Transferred from separate account $492,588
Other $66,490
Total of Balance and Additions $2,024,287
Deductions $772,017
Disbursed from fund to pay benefits or purchase annuities during the year $117,498
Administration charge made by carrier $9,884
Transferred to Separate Account $607,007
Other $37,628
Balance at the end of the current year $1,252,270