Original filing (PDF)20251006121506NAL0006416224001

TWIN CITY MOTORS, INC.

Name: TWIN CITY MOTORS, INC. — TWIN CITY MOTORS, INC. ASSET ACCUMULATION 401(K) RETIREMENT PLAN, Form 5500 (2024)
Creator: TWIN CITY MOTORS, INC.

Form 5500

FILING_RECEIVED

TWIN CITY MOTORS, INC. ASSET ACCUMULATION 401(K) RETIREMENT PLAN

401(k) retirement plan

Signals · 2

Non-clean audit opinionCorrective distributions issued

Active participants

254

Accounts w/ balance

289

Plan assets (EOY)

$21.3M

Net assets (EOY)

$21.3M

How this plan invests

This plan

35 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Average plan with room to improve

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Corrective distributions issued (likely failed ADP/ACP testing).
Auditor issued a qualified / adverse / disclaimer opinion.

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for TWIN CITY MOTORS, INC..

Plan sponsor

Name

TWIN CITY MOTORS, INC.

EIN

62-0562541

Address

3046 AIRPORT HIGHWAY · ALCOA, TN · 37701

Phone

(865) 970-2977

Industry

Retail Tradesee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-06

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Auditor

VANCE CPA LLC

Trustee / custodian

Service providers (Schedule C)

4 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
CAPITAL GROUP RETIREMENT PLAN SERVC	—	IRVINE, CA	RECORDKEEPER	$25K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
GORDON ASSET MANAGEMENT	—	DURHAM, NC	INVESTMENT ADVISOR	$15K	—

Investments

35 direct securities· $20.6M(97% of reported assets)

Other securities

$18.9M

31 holdings

Cash / Money Market

$1.5M

2 holdings

Bonds / Notes

$297K

1 holding

Common Stock

$1K

1 holding

					% of plan
American Funds - 2035 Target Date Fund Mutual fund -	Other securities	—	—	$3.1M	14.8%
American Funds - 2025 Target Date Fund Mutual fund -	Other securities	—	—	$2.7M	12.5%
American Funds - 2030 Target Date Fund Mutual fund -	Other securities	—	—	$2.1M	9.7%
American Funds - Growth Fund of America Mutual fund -	Other securities	—	—	$1.3M	6.0%
American Funds - Money Market Fund Mutual fund -	Cash / Money Market	—	—	$1.2M	5.6%
American Funds - 2045 Target Date Fund Mutual fund -	Other securities	—	—	$1.1M	5.2%
Vanguard Total Stock Market Index Mutual fund -	Other securities	—	—	$1.0M	4.9%
American Funds - 2050 Target Date Fund Mutual fund -	Other securities	—	—	$917K	4.3%
American Funds - 2010 Target Date Fund Mutual fund -	Other securities	—	—	$876K	4.1%
American Funds - 2040 Target Date Fund Mutual fund -	Other securities	—	—	$809K	3.8%
American Funds - 2020 Target Date Fund Mutual fund -	Other securities	—	—	$682K	3.2%
American Funds - Washington Mutual Investors Fund Mutual fund -	Other securities	—	—	$681K	3.2%
American Funds - 2055 Target Date Fund Mutual fund -	Other securities	—	—	$509K	2.4%
American Funds - American Balanced Fund Mutual fund -	Other securities	—	—	$503K	2.4%
AB - Small Cap Growth Fund Mutual fund -	Other securities	—	—	$434K	2.0%
Cohen & Steers Real Estate Securities Mutual fund -	Other securities	—	—	$313K	1.5%
American Funds - 2015 Target Date Fund Mutual fund -	Other securities	—	—	$309K	1.5%
Participant Loans 4.25% - 9.50%	Bonds / Notes	—	—	$297K	1.4%
American Funds - EuroPacific Growth Fund Mutual fund -	Other securities	—	—	$291K	1.4%
Charles Schwab - LP Money Market Fund Mutual fund	Cash / Money Market	—	$242K	$287K	1.4%
American Funds - 2060 Target Date Fund Mutual fund -	Other securities	—	—	$273K	1.3%
American Funds - New Perspective Fund Mutual fund -	Other securities	—	—	$188K	0.9%
American Funds - Bond Fund of America Mutual fund -	Other securities	—	—	$185K	0.9%
American Funds - SMALL CAP World Fund Mutual fund -	Other securities	—	—	$156K	0.7%
Columbia Adaptive Risk Alloc Mutual fund -	Other securities	—	—	$122K	0.6%
Limited partnership Limited partnership	Other securities	—	$24K	$87K	0.4%
PIMCO Income Institutional Mutual fund -	Other securities	—	—	$72K	0.3%
Vanguard Energy Fund Mutual fund -	Other securities	—	—	$63K	0.3%
American Funds - 2065 Target Date Fund Mutual fund -	Other securities	—	—	$44K	0.2%
AB - Large Cap Growth Fund Mutual fund -	Other securities	—	—	$20K	<0.1%
Undiscovered Mgrs Behavioral Value Mutual fund -	Other securities	—	—	$5K	<0.1%
Vanguard Inflation-Protected Securities Mutual fund -	Other securities	—	—	$5K	<0.1%
Vanguard Small Cap Index Mutual fund -	Other securities	—	—	$4K	<0.1%
Vanguard Mid Cap Index Mutual fund -	Other securities	—	—	$2K	<0.1%
Goldman Sachs International Eq Inc Mutual fund -	Common Stock	—	—	$1K	<0.1%