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FORM 5500 DATA

The Automotive Group, Inc. 401k Plan & Trust

Overview

Plan Information

  • Plan Year01/01/2012 — 12/31/2012
  • Date of Plan04/01/1994
  • Net Assets as of 12/31/2012 $4,806,632
  • 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 12/31/2012

  • Active (Eligible) Participants285
  • Retired or separated participants receiving benefits4
  • Other retired or separated participants entitled to future benefits139
  • Subtotal428
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total428
  • Total number of participants as of 01/01/2012412
  • Number of participants with account balances308
  • 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

Audit Information

  • Audit StatusAudited
  • AuditorParke Guptill & Company 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 $989,677
Contributions $651,354
Cash Contributions $651,354
Cash from Employers $0
Cash from Participants $427,115
Others (including rollovers) $224,239
Noncash Contributions $0
Total Earnings on Investments $313,163
Total Interest $6,829
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $6,829
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 $306,334
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 $25,160
Expenses $142,042
Total Benefit Payments $131,239
Directly to participants or beneficiaries, including direct rollovers $131,239
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 $10,803
Professional Fees $0
Contract Administrator Fees $10,803
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $847,635
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2012 12/31/2011 Change YOY
Total Assets $4,806,632 $3,958,997 21.41%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $0 $0 0.0%
Employer Contributions $0 $0 0.0%
Participant Contributions $0 $0 0.0%
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 $206,227 $190,372 8.33%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $2,915,792 $2,285,113 27.60%
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 $1,684,613 $1,483,512 13.56%
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 $4,806,632 $3,958,997 21.41%

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 $12,323 $0 $12,323
Total $12,323 $0 $12,323

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
Vanguard Target Retirement 2035 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $373,738
Vanguard Target Retirement 2025 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $255,289
Wells Fargo Advantage Precious Meta Transamerica Life Insurance Company DFE: Pooled Separate Account $232,557
Vanguard Target Retirement 2040 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $218,115
Vanguard Target Retirement 2030 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $205,061
Vanguard Target Retirement 2045 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $184,081
American Funds Growth Fund of Ameri Transamerica Life Insurance Company DFE: Pooled Separate Account $162,851
Vanguard Target Retirement 2020 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $125,510
Nuveen Real Estate Securities Ret O Transamerica Life Insurance Company DFE: Pooled Separate Account $116,649
Loomis Sayles Bond Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $103,782
Templeton Foreign Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $99,521
Vanguard Target Retirement 2010 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $84,730
Morgan Stanley Growth Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $74,561
American Funds Washington Mutual In Transamerica Life Insurance Company DFE: Pooled Separate Account $69,973
Pimco Total Return Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $67,024
Transamerica Partners Stock Index R Transamerica Life Insurance Company DFE: Pooled Separate Account $62,175
Fidelity Advisor Small Cap Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $58,874
Morgan Stanley Growth Opportunities Transamerica Life Insurance Company DFE: Pooled Separate Account $57,230
Wmc Quality Growth Equity Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $55,661
American Funds Balanced Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $50,329
Vanguard Target Retirement 2050 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $42,344
Wells Fargo Advantage Utility and T Transamerica Life Insurance Company DFE: Pooled Separate Account $39,996
Janus Overseas Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $38,108
Prudential Jennison Natural Resourc Transamerica Life Insurance Company DFE: Pooled Separate Account $36,424
Vanguard Target Retirement Income R Transamerica Life Insurance Company DFE: Pooled Separate Account $16,451
Vanguard Target Retirement 2015 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $16,194
Blackrock Capital Appreciation Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $14,942
Goldman Sachs Technology Tollkeeper Transamerica Life Insurance Company DFE: Pooled Separate Account $14,647
American Century Inflation-Adjusted Transamerica Life Insurance Company DFE: Pooled Separate Account $14,040
Transamerica Small/Mid Cap Value Re Transamerica Life Insurance Company DFE: Pooled Separate Account $11,347
Vanguard Target Retirement 2055 Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $5,163
Ssga Russell Small Cap Index Ret Op Transamerica Life Insurance Company DFE: Pooled Separate Account $4,540
American Funds Europacific Growth R Transamerica Life Insurance Company DFE: Pooled Separate Account $3,887
Ivy Science & Technology Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Ssga Emerging Markets Index Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Wells Fargo Advantage Small Cap Val Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Ssga S&P Mid Cap Index Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Thornburg International Value Ret O Transamerica Life Insurance Company DFE: Pooled Separate Account $0
American Funds New Perspective Inv Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Delafield Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Aegon Balanced Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Ridgeworth Small Cap Value Equity R Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Invesco International Growth Ret Op Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Oppenheimer Global Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Goldman Sachs Mid Cap Value Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Transamerica Partners High Yield Bo Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Prudential Jennison Utility Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Fidelity Advisor Leveraged Company Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Oppenheimer International Bond Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Transamerica Partners Mid Value Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Columbia Intermediate Bond Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Columbia Mid Cap Value Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Loomis Sayles Investment Grade Bond Transamerica Life Insurance Company DFE: Pooled Separate Account $0
Total $2,915,794

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Transamerica Life Insurance Co. 0
EIN 39-0989781
Industry Code 86231
Contract Number 995760-000
Contract Year 01/01/2012 — 12/31/2012
Value in General Account at Year End $0
Value in Separate Accounts at Year End $2,915,792
Insurance Fees and Commissions $10,701
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Planning Corp of America Michael Hess St Petersburg, FL 33716 Insurance Agent or Broker $10,701 $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 $1,483,512
Additions $624,987
Contributions Deposited during the year $94,680
Dividends and credits $0
Interest credited during the year $25,160
Transferred from separate account $488,413
Other $16,734
Total of Balance and Additions $2,108,499
Deductions $423,886
Disbursed from fund to pay benefits or purchase annuities during the year $18,260
Administration charge made by carrier $3,234
Transferred to Separate Account $392,368
Other $10,024
Balance at the end of the current year $1,684,613