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FORM 5500 DATA

A to Z Tire and Battery, Inc. 401k Profit Sharing Plan

Overview

Plan Information

  • Plan Year01/01/2017 — 12/31/2017
  • Date of Plan01/01/1993
  • Net Assets as of 12/31/2017 $1,317,761
  • 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 12/31/2017

  • Active (Eligible) Participants192
  • Retired or separated participants receiving benefits1
  • Other retired or separated participants entitled to future benefits8
  • Subtotal201
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total201
  • Total number of participants as of 01/01/2017195
  • Number of participants with account balances27
  • 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

  • AddressPo Box 9138
  • CityAmarillo
  • StateTX
  • Zip79105-9138
  • Telephone(806) 373-2592
  • EIN75-1243053
  • Industry Code441300

Audit Information

  • Audit StatusAudited
  • AuditorJudd, Thomas, Smith & Co., P.C.
  • Auditor EIN75-1668928
  • 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.
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 $200,000
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 $232,307
Contributions $59,816
Cash Contributions $59,816
Cash from Employers $0
Cash from Participants $47,047
Others (including rollovers) $12,769
Noncash Contributions $0
Total Earnings on Investments $172,491
Total Interest $1,709
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $1,421
Interest from Other Investments $288
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 $0
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $170,782
Net investment gain (loss) from registered investment companies $0
Other Income $0
Expenses $17,333
Total Benefit Payments $16,757
Directly to participants or beneficiaries, including direct rollovers $16,757
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 $576
Professional Fees $480
Contract Administrator Fees $96
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $214,974
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2017 12/31/2016 Change YOY
Total Assets $1,317,761 $1,110,670 18.65%
Total noninterest-bearing cash $288 $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 $30,772 $27,051 13.76%
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 $1,286,701 $1,083,619 18.74%
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 $7,883 -100.00%
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 $7,883 -100.00%
Net Assets $1,317,761 $1,102,787 19.49%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • John Hancock Life Insurance Company

Other Service Providers Receiving Direct or Indirect Compensation

There are no service providers listed for this plan.

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

Name Position Explanation
Ault & Associates, CPAS Auditor Changes In Ownership

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Jh Multimanager Growth Ls John Hancock USA DFE: Pooled Separate Account $509,846
Jh Multimanager Balanced Ls John Hancock USA DFE: Pooled Separate Account $445,364
Jh Multimanager Moderate Ls John Hancock USA DFE: Pooled Separate Account $145,614
Jh Multimanager Conserv Ls John Hancock USA DFE: Pooled Separate Account $104,502
Jh Multimanager Aggressive Ls John Hancock USA DFE: Pooled Separate Account $39,824
Mutual Global Discovery John Hancock USA DFE: Pooled Separate Account $25,651
Money Market Fund John Hancock USA DFE: Pooled Separate Account $9,185
Jh Multimanager 2045 Lifetime John Hancock USA DFE: Pooled Separate Account $3,269
Jh Multi-Index 2055 Preserv John Hancock USA DFE: Pooled Separate Account $1,069
Small Cap Index Fund John Hancock USA DFE: Pooled Separate Account $516
Clearbridge Aggressive Growth John Hancock USA DFE: Pooled Separate Account $503
Capital Appreciation Fund John Hancock USA DFE: Pooled Separate Account $499
Europacific Growth Fund John Hancock USA DFE: Pooled Separate Account $449
Financial Industries Fund John Hancock USA DFE: Pooled Separate Account $406
International Value Fund John Hancock USA DFE: Pooled Separate Account $0
Vanguard Energy Fund John Hancock USA DFE: Pooled Separate Account $0
Intl Small Cap Fund John Hancock USA DFE: Pooled Separate Account $0
American Century Heritage John Hancock USA DFE: Pooled Separate Account $0
Dfa U.S. Small Cap Fund John Hancock USA DFE: Pooled Separate Account $0
Total $1,286,697

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock Life Insurance Company 29
EIN 01-0233346
Industry Code 65838
Contract Number 35791
Contract Year 01/01/2017 — 12/31/2017
Value in General Account at Year End $0
Value in Separate Accounts at Year End $1,286,701
Insurance Fees and Commissions $610
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Rpc CPAS & Consultants, LLP 2403 82nd Street Lubbock, TX 79423 Third Party Administrator $0 $610 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 GROUP ANNUITY CONTRACT
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