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FORM 5500 DATA

Alexander Family Dealerships 401k Profit Sharing Plan

Overview

Plan Information

  • Plan Year01/01/2019 — 12/31/2019
  • Date of Plan01/01/1983
  • Net Assets as of 12/31/2019 $18,266,915
  • Plan Number1
  • Plan Type Multiple 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 12/31/2019

  • Active (Eligible) Participants612
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits108
  • Subtotal720
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total720
  • Total number of participants as of 01/01/2019685
  • Number of participants with account balances520
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested38

Expenses

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

Sponsor Information

  • Address10 Alexander Drive
  • CityMuncy
  • StatePA
  • Zip17756
  • Telephone(570) 546-4925
  • EIN27-1575032
  • Industry Code441110

Audit Information

  • Audit StatusAudited
  • AuditorGearhart, Weinecke & Verrastro, Pc
  • Auditor EIN47-4766528
  • 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.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
3D Master plan A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
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 $500,000
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? Yes
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 $5,186,242
Contributions $2,204,491
Cash Contributions $2,204,491
Cash from Employers $344,949
Cash from Participants $1,592,652
Others (including rollovers) $266,890
Noncash Contributions $0
Total Earnings on Investments $2,979,995
Total Interest $41,772
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $41,772
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 $2,938,223
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 $1,756
Expenses $1,761,457
Total Benefit Payments $1,477,229
Directly to participants or beneficiaries, including direct rollovers $1,477,229
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $21,932
Certain deemed distributions of participant loans $117,959
Interest expense $0
Total Administrative Expenses $144,337
Professional Fees $0
Contract Administrator Fees $116,237
Investment Advisory and management fees $0
Other Administrative Fees $28,100
Net Income $3,424,785
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2019 12/31/2018 Change YOY
Total Assets $18,266,915 $14,842,130 23.07%
Total noninterest-bearing cash $25,413 $25,876 -1.79%
Receivables $731 $17 4200.00%
Employer Contributions $593 $17 3388.24%
Participant Contributions $138 $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 $743,305 $745,641 -0.31%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $0 $0 0.0%
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 $17,497,466 $14,070,596 24.35%
Value of funds held in insurance co. general account $0 $0 0.0%
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 $18,266,915 $14,842,130 23.07%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • John Hancock USA

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
John Hancock USA Recordkeeping and information management (computing, tabulating, data processing, etc.), Investment management, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Other insurance wrap fees, Soft dollars commissions Recordkeeper $6,157 $0 $6,157
Total $6,157 $0 $6,157

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
Jh Multi-Index 2030 Preserv John Hancock USA DFE: Pooled Separate Account $1,948,198
Jh Multi-Index 2045 Preserv John Hancock USA DFE: Pooled Separate Account $1,713,174
Jh Multi-Index 2035 Preserv John Hancock USA DFE: Pooled Separate Account $1,688,962
Jh Multimanager Growth Ls John Hancock USA DFE: Pooled Separate Account $1,425,778
Jh Multi-Index 2040 Preserv John Hancock USA DFE: Pooled Separate Account $1,344,559
Jh Multi-Index 2025 Preserv John Hancock USA DFE: Pooled Separate Account $1,342,198
Jh Multi-Index 2050 Preserv John Hancock USA DFE: Pooled Separate Account $1,085,940
Jh Multimanager Aggressive Ls John Hancock USA DFE: Pooled Separate Account $1,065,514
Jh Multimanager Balanced Ls John Hancock USA DFE: Pooled Separate Account $937,961
Jh Multimanager Conserv Ls John Hancock USA DFE: Pooled Separate Account $523,646
John Hancock Stable Val John Hancock USA DFE: Pooled Separate Account $366,768
Jh Multi-Index 2055 Preserv John Hancock USA DFE: Pooled Separate Account $351,517
Capital Appreciation Fund John Hancock USA DFE: Pooled Separate Account $329,779
American Balanced Fund John Hancock USA DFE: Pooled Separate Account $311,858
Blackrock Global Allocation John Hancock USA DFE: Pooled Separate Account $311,627
Jh Multi-Index 2020 Preserv John Hancock USA DFE: Pooled Separate Account $243,235
Jh Multimanager Moderate Ls John Hancock USA DFE: Pooled Separate Account $228,186
Jh Multi-Index Income Preserv John Hancock USA DFE: Pooled Separate Account $191,550
Vanguard Growth Index Fund John Hancock USA DFE: Pooled Separate Account $157,978
American Funds 2040 Td John Hancock USA DFE: Pooled Separate Account $152,152
American Funds 2050 Td John Hancock USA DFE: Pooled Separate Account $134,463
American Funds 2030 Td John Hancock USA DFE: Pooled Separate Account $130,179
Jh Multi-Index 2060 Preserv John Hancock USA DFE: Pooled Separate Account $116,669
Small Cap Index Fund John Hancock USA DFE: Pooled Separate Account $107,827
Vanguard Small Cap Grow Index John Hancock USA DFE: Pooled Separate Account $103,280
New Perspective Fund John Hancock USA DFE: Pooled Separate Account $103,215
American Funds 2055 Td John Hancock USA DFE: Pooled Separate Account $85,812
American Funds 2060 Td John Hancock USA DFE: Pooled Separate Account $80,595
500 Index Fund John Hancock USA DFE: Pooled Separate Account $68,363
American Funds 2025 Td John Hancock USA DFE: Pooled Separate Account $63,499
Vanguard Value Index Fund John Hancock USA DFE: Pooled Separate Account $60,027
Fidelity Advisor Total Bond John Hancock USA DFE: Pooled Separate Account $57,813
High Yield Fund John Hancock USA DFE: Pooled Separate Account $56,775
Real Est. Securities Fund John Hancock USA DFE: Pooled Separate Account $55,873
Vanguard Mid-Cap Growth Etf John Hancock USA DFE: Pooled Separate Account $47,230
Vanguard Energy Fund John Hancock USA DFE: Pooled Separate Account $46,301
Financial Industries Fund John Hancock USA DFE: Pooled Separate Account $39,315
American Funds 2035 Td John Hancock USA DFE: Pooled Separate Account $38,428
Fundamental Investors John Hancock USA DFE: Pooled Separate Account $35,221
Capital World Growth & Income John Hancock USA DFE: Pooled Separate Account $34,987
Washington Mutual Investors John Hancock USA DFE: Pooled Separate Account $34,686
Mid Cap Index Fund John Hancock USA DFE: Pooled Separate Account $31,384
John Hancock Bond Fund John Hancock USA DFE: Pooled Separate Account $31,194
Dfa Us Targeted Value Fund John Hancock USA DFE: Pooled Separate Account $26,526
Dfa Emerging Markets Value John Hancock USA DFE: Pooled Separate Account $24,733
Pgim Jennison Mid Cap Growth John Hancock USA DFE: Pooled Separate Account $21,588
Dfa U.S. Small Cap Fund John Hancock USA DFE: Pooled Separate Account $19,659
Total Stock Market Index Fund John Hancock USA DFE: Pooled Separate Account $16,900
Mfs Utilities Fund John Hancock USA DFE: Pooled Separate Account $15,193
Fundamental All Cap Core Fund John Hancock USA DFE: Pooled Separate Account $12,911
T. Rowe Price New Era Fund John Hancock USA DFE: Pooled Separate Account $10,867
Vanguard Mid-Cap Value Etf John Hancock USA DFE: Pooled Separate Account $10,855
Total Bond Market Fund John Hancock USA DFE: Pooled Separate Account $10,541
American Funds 2045 Td John Hancock USA DFE: Pooled Separate Account $9,800
Mfs Massachusetts Investors John Hancock USA DFE: Pooled Separate Account $8,458
Core Bond Fund John Hancock USA DFE: Pooled Separate Account $5,527
Pimco Real Return John Hancock USA DFE: Pooled Separate Account $4,396
Sprott Gold Fund John Hancock USA DFE: Pooled Separate Account $4,238
American Funds 2010 Td John Hancock USA DFE: Pooled Separate Account $3,946
Ivy Asset Strategy Fund John Hancock USA DFE: Pooled Separate Account $3,820
Intl Equity Index Fund John Hancock USA DFE: Pooled Separate Account $199
Columbia Overseas Value Fund John Hancock USA DFE: Pooled Separate Account $101
American Funds 2020 Td John Hancock USA DFE: Pooled Separate Account $35
Real Return Bond Fund John Hancock USA DFE: Pooled Separate Account $0
Total $17,494,009

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock Life Insurance Company (U.S.A.) 901
EIN 01-0233346
Industry Code 65838
Contract Number 108875
Contract Year 01/01/2019 — 12/31/2019
Value in General Account at Year End $25,413
Value in Separate Accounts at Year End $17,494,011
Insurance Fees and Commissions $78,731
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Cetera Advisors, LLC 200 N. Sepulveda Blvd, Suite 1200 El Segundo, CA 90245 Agent or Broker other than Insurance $47,065 $0
The Paragon Alliance Group LLC 300 Harleysville Pike Souderton, PA 18964 Third Party Administrator $0 $31,666 TPA FEES PAID TPA COMPENSATION
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 Unspecified
Balance at the end of the previous year $0
Additions $0
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $0
Transferred from separate account $0
Other $0
Total of Balance and Additions $0
Deductions $0
Disbursed from fund to pay benefits or purchase annuities during the year $0
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $0
Balance at the end of the current year $0