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FORM 5500 DATA

Car Toys and Wireless Advocates 401k Plan

Overview

Plan Information

  • Plan Year01/01/2014 — 12/31/2014
  • Date of Plan01/01/1990
  • Net Assets as of 12/31/2014 $16,608,408
  • 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 Arrangement Trust

Participant Information as of 12/31/2014

  • Active (Eligible) Participants2,435
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits414
  • Subtotal2,849
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits1
  • Total2,850
  • Total number of participants as of 01/01/20143,147
  • Number of participants with account balances1,218
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested53

Expenses

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

Sponsor Information

  • Address20 West Galer Street, Suite 300
  • CitySeattle
  • StateWA
  • Zip98119
  • Telephone(206) 443-0980
  • EIN91-1361695
  • Industry Code453990
  • Named AdministratorJorge Perez

Audit Information

  • Audit StatusAudited
  • AuditorSmith, Bunday, Berman & Britton
  • Auditor EIN91-1275259
  • 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.

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? Yes $139,572
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? 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 $3,522,302
Contributions $2,227,081
Cash Contributions $2,227,081
Cash from Employers $137,285
Cash from Participants $1,809,952
Others (including rollovers) $279,844
Noncash Contributions $0
Total Earnings on Investments $1,295,221
Total Interest $21,125
Interest-Bearing Cash $81
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $21,044
Interest from Other Investments $0
Total Dividends $1,157,472
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 $603,347
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 $-486,723
Other Income $0
Expenses $2,268,265
Total Benefit Payments $2,160,086
Directly to participants or beneficiaries, including direct rollovers $2,160,086
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $31,472
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $76,707
Professional Fees $44,590
Contract Administrator Fees $32,117
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $1,254,037
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2014 12/31/2013 Change YOY
Total Assets $16,608,408 $15,354,371 8.17%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $137,285 $0 0.0%
Employer Contributions $137,285 $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 $554,414 $529,382 4.73%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $382,716 $14,738,344 -97.40%
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 $15,533,993 $0 0.0%
Value of funds held in insurance co. general account $0 $86,645 -100.00%
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 $16,608,408 $15,354,371 8.17%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

There is no information on eligible indirect compensation for this plan.

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 Retirement Solutions C Contract Administrator, Participant loan processing, Investment management fees paid indirectly by plan, Float revenue, Recordkeeping fees, Other insurance wrap fees Recordkeeper $2,677 $0 $2,677
John Hancock Life Insurance Co 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, Soft dollars commissions Recordkeeper $1,932 $0 $1,932
Benefit Administration Company Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Recordkeeping fees TPA $1,120 $0 $1,120
Total $5,729 $0 $5,729

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
Manning & Napier Pro-Blend Max Trm Transamerica Life Insurance Company DFE: Pooled Separate Account $5,029,553
Manning & Napier Pro-Blend Ext Trm Transamerica Life Insurance Company DFE: Pooled Separate Account $4,131,195
Fidelity Contrafund Transamerica Life Insurance Company DFE: Pooled Separate Account $1,127,298
T Rowe Price Value Transamerica Life Insurance Company DFE: Pooled Separate Account $918,572
Manning & Napier Pro-Blend Cons Trm Transamerica Life Insurance Company DFE: Pooled Separate Account $824,390
Columbia Contrarian Core A Transamerica Life Insurance Company DFE: Pooled Separate Account $585,919
Manning & Napier Pro-Blend Mod Trm Transamerica Life Insurance Company DFE: Pooled Separate Account $583,273
Vanguard Selected Value Inv Transamerica Life Insurance Company DFE: Pooled Separate Account $448,649
Invesco Stable Value Trust Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $382,714
Ivy Science & Technology Fund Transamerica Life Insurance Company DFE: Pooled Separate Account $371,601
Oppenheimer Global Opportunities Y Transamerica Life Insurance Company DFE: Pooled Separate Account $365,689
Brown Capital Mgmt Sml Co Inv Transamerica Life Insurance Company DFE: Pooled Separate Account $276,455
Vanguard Energy Admin Transamerica Life Insurance Company DFE: Pooled Separate Account $154,403
Rs Mid Cap Growth A Transamerica Life Insurance Company DFE: Pooled Separate Account $148,274
Alliancebern High Income I Transamerica Life Insurance Company DFE: Pooled Separate Account $145,865
Oakmark International I Transamerica Life Insurance Company DFE: Pooled Separate Account $118,967
Oppenheimer Developing Markets Y Transamerica Life Insurance Company DFE: Pooled Separate Account $92,513
Oppenheimer Intl Diversified Y Transamerica Life Insurance Company DFE: Pooled Separate Account $57,979
Goldman Sachs Small Cap Value Instl Transamerica Life Insurance Company DFE: Pooled Separate Account $47,161
Metropolitan West Tot Return Bond M Transamerica Life Insurance Company DFE: Pooled Separate Account $39,375
Loomis Sayles Strategic Income Y Transamerica Life Insurance Company DFE: Pooled Separate Account $25,033
Alliancebern Global Bond A Transamerica Life Insurance Company DFE: Pooled Separate Account $24,776
Cohen & Steers Realty Shares Transamerica Life Insurance Company DFE: Pooled Separate Account $17,014
Total $15,916,668

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Transamerica Life Insurance Company 845
EIN 39-0989781
Industry Code 86231
Contract Number 512340
Contract Year 01/01/2014 — 12/31/2014
Value in General Account at Year End $9,857,552
Value in Separate Accounts at Year End $185,591
Insurance Fees and Commissions $0
Persons Receiving Commissions and Fees There are no brokers listed for this plan.
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
Transamerica Life Insurance Company 373
EIN 39-0989781
Industry Code 86231
Contract Number 512341
Contract Year 01/01/2014 — 12/31/2014
Value in General Account at Year End $5,676,429
Value in Separate Accounts at Year End $197,124
Insurance Fees and Commissions $0
Persons Receiving Commissions and Fees There are no brokers listed for this plan.
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 Guaranteed Investment
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
John Hancock Life Insurance Company USA 0
EIN 01-0233346
Industry Code 65838
Contract Number 63232
Contract Year 01/01/2014 — 12/31/2014
Value in General Account at Year End $0
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $43,716
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Benefit Administration Company 1200 5th Ave Suite 1100 Seattle, WA 98101 Third Party Administrator $0 $28,606 TPA SERVICE FEES
Benefit Administration Company 1200 5th Ave Suite 1100 Seattle, WA 98101 Agent or Broker other than Insurance $15,110 $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 Guaranteed Investment
Balance at the end of the previous year $48,353
Additions $2,548
Contributions Deposited during the year $2,473
Dividends and credits $0
Interest credited during the year $45
Transferred from separate account $0
Other $30
Total of Balance and Additions $50,901
Deductions $50,901
Disbursed from fund to pay benefits or purchase annuities during the year $50,284
Administration charge made by carrier $197
Transferred to Separate Account $0
Other $420
Balance at the end of the current year $0
John Hancock Life Insurance Company USA 0
EIN 01-0233346
Industry Code 65838
Contract Number 77169
Contract Year 01/01/2014 — 12/31/2014
Value in General Account at Year End $0
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $24,095
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Benefit Administration Company 1200 5th Ave Suite 1100 Seattle, WA 98101 Third Party Administrator $0 $15,985 TPA SERVICES
Benefit Administration Company 1200 5th Ave Suite 1100 Seattle, WA 98101 Agent or Broker other than Insurance $8,110 $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 Guaranteed Investment
Balance at the end of the previous year $38,292
Additions $9,594
Contributions Deposited during the year $2,130
Dividends and credits $0
Interest credited during the year $639
Transferred from separate account $0
Other $6,825
Total of Balance and Additions $47,886
Deductions $47,886
Disbursed from fund to pay benefits or purchase annuities during the year $47,492
Administration charge made by carrier $211
Transferred to Separate Account $0
Other $183
Balance at the end of the current year $0