Steve White Motors, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2015. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Steve White Motors, Inc. 401(k) Plan Facts (plan year 2015)

Plan name
STEVE WHITE MOTORS, INC. AND STEVE WHITE MOTORS OF SOUTH CAROLINA, LLC 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
STEVE WHITE MOTORS, INC.
Participants
133 (100 active employees)
Former employees with a balance
14
Plan assets
$1,396,687 at Dec 31, 2015
Average account balance
$22,897 across 61 accounts
Employer contributions
$31,202 in plan year 2015 (14% of all contributions)
Plan year
Jan 1, 2015 – Dec 31, 2015
Plan established
Jan 1, 1995
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2015 (Jan 1, 2015 – Dec 31, 2015), filed Oct 10, 2016. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2015

  • $222,172 went into the plan in contributions, $31,202 of it from the employer (14%).
  • $24,404 was paid out to participants.
  • Administrative expenses were $1,773, about $29 per account.

How the Steve White Motors, Inc. 401(k) changed, 2010–2015

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201088$664,767$9,881$32,086
201189$699,617$21,307$63,700
2012103$896,885$23,981$15,018
2013114$1.09 million$23,578$108,685
2014113$1.24 million$23,098$84,962
2015133$1.40 million$31,202$24,404

Steve White Motors, Inc. 401(k) Contact Information

Phone
828-324-4410
Mailing address
3470 HIGHWAY 70 EAST, PO BOX 3385, HICKORY NC 28603
Plan sponsor
STEVE WHITE MOTORS, INC.
Employer identification number (EIN)
56-0947841
Plan number
001

Questions about the Steve White Motors, Inc. 401(k)

Is the Steve White Motors, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2015, and no later filing was found under this employer's EIN.

Does Steve White Motors, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2015 the employer contributed $31,202, 14% of all contributions.

Does the Steve White Motors, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Steve White Motors, Inc 401(k) plan?

133 participants at the start of plan year 2015, 100 of them active employees, and 14 former employees who still had money in the plan.

What is the average 401(k) balance at Steve White Motors, Inc?

About $22,897 per account: $1.40 million in plan assets across 61 accounts with a balance at the end of plan year 2015.

Who manages the Steve White Motors, Inc 401(k) accounts?

Empower is the plan's recordkeeper, which is where participants log in to see their balance.

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