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EMPLOYEE BENEFIT PLAN OF BRIGHTER TOMORROWS, INC. 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF BRIGHTER TOMORROWS, INC.
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF BRIGHTER TOMORROWS, INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • 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.
  • 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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.

401k Sponsoring company profile

BRIGHTER TOMORROWS, INC. has sponsored the creation of one or more 401k plans.

Company Name:BRIGHTER TOMORROWS, INC.
Employer identification number (EIN):112891967
NAIC Classification:624200

Additional information about BRIGHTER TOMORROWS, INC.

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1988-10-31
Company Identification Number: 1302816
Legal Registered Office Address: P.O. BOX 706
Suffolk
SHIRLEY
United States of America (USA)
11967

More information about BRIGHTER TOMORROWS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF BRIGHTER TOMORROWS, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DOLORES KORDON2024-10-10
0012022-01-01DOLORES KORDON2023-10-16 DOLORES KORDON2023-10-16
0012021-01-01DOLORES KORDON2022-04-12
0012020-01-01DOLORES KORDON2021-10-20
0012018-01-01DOLORES KORDON2021-10-29
0012017-01-01DOLORES KORDON2018-07-26 DOLORES KORDON2018-07-26
0012016-01-01SUSAN DRAPER2017-10-11 SUSAN DRAPER2017-10-11
0012015-01-01SUSAN DRAPER2016-10-14 SUSAN DRAPER2016-10-14
0012014-01-01SUSAN DRAPER2015-10-09 SUSAN DRAPER2015-10-09
0012013-01-01DAWN BROWN2014-06-13 DAWN BROWN2014-06-13
0012012-01-01AILEEN FITZ2013-09-27 AILEEN FITZ2013-09-27
0012011-01-01AILEEN FITZ
0012010-01-01AILEEN FITZ
0012009-01-01AILEEN FITZ

Financial Data on EMPLOYEE BENEFIT PLAN OF BRIGHTER TOMORROWS, INC.

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF BRIGHTER TOMORROWS, INC. 2025 401k financial data
Total transfers to/from plan in this plan year2025-06-120
Total liabilities as of the end of the plan year2025-06-120
Total liabilities as of the beginning of the plan year2025-06-120
Total expenses incurred by plan in this plan year2025-06-1216846
Net assets as of the end of the plan year2025-06-12300166
Total assets as of the beginning of the plan year2025-06-12251805
Value of plan covered by a fidelity bond2025-06-12500000
Participant contributions to plan in this plan year2025-06-1243888
Other expenses paid from plan in this plan year2025-06-120
Other contributions to plan in this plan year2025-06-120
Other income to plan in this plan year2025-06-1221319
Plan net income in this plan year2025-06-1248361
Net assets as of the end of the plan year2025-06-12300166
Net assets as of the beginning of the plan year2025-06-12251805
Employer contributions to plan in this plan year2025-06-120
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-121616
2024 : EMPLOYEE BENEFIT PLAN OF BRIGHTER TOMORROWS, INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-100
Total liabilities as of the end of the plan year2024-10-100
Total liabilities as of the beginning of the plan year2024-10-100
Total expenses incurred by plan in this plan year2024-10-1082
Net assets as of the end of the plan year2024-10-10251805
Total assets as of the beginning of the plan year2024-10-10194753
Value of plan covered by a fidelity bond2024-10-1021000
Participant contributions to plan in this plan year2024-10-1035620
Other expenses paid from plan in this plan year2024-10-100
Other contributions to plan in this plan year2024-10-100
Other income to plan in this plan year2024-10-1021514
Plan net income in this plan year2024-10-1057052
Net assets as of the end of the plan year2024-10-10251805
Net assets as of the beginning of the plan year2024-10-10194753
Employer contributions to plan in this plan year2024-10-100
Fees paid to broker by Benefit Provider2024-10-1017
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-1082
2022 : EMPLOYEE BENEFIT PLAN OF BRIGHTER TOMORROWS, INC. 2022 401k financial data
Total transfers to/from plan in this plan year2022-04-120
Total liabilities as of the end of the plan year2022-04-120
Total liabilities as of the beginning of the plan year2022-04-120
Total expenses incurred by plan in this plan year2022-04-122870
Net assets as of the end of the plan year2022-04-12203220
Total assets as of the beginning of the plan year2022-04-12160094
Value of plan covered by a fidelity bond2022-04-1220000
Participant contributions to plan in this plan year2022-04-1231558
Other expenses paid from plan in this plan year2022-04-12353
Other contributions to plan in this plan year2022-04-120
Other income to plan in this plan year2022-04-1214438
Plan net income in this plan year2022-04-1243126
Net assets as of the end of the plan year2022-04-12203220
Net assets as of the beginning of the plan year2022-04-12160094
Employer contributions to plan in this plan year2022-04-120
Fees paid to broker by Benefit Provider2022-04-1217
2011 : EMPLOYEE BENEFIT PLAN OF BRIGHTER TOMORROWS, INC. 2011 401k financial data
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$4,596
Expenses. Total of all expenses incurred2011-12-31$23,393
Benefits paid (including direct rollovers)2011-12-31$20,893
Total plan assets at end of year2011-12-31$56,844
Total plan assets at beginning of year2011-12-31$75,641
Value of fidelity bond covering the plan2011-12-31$260,000
Total contributions received or receivable from participants2011-12-31$0
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-404
Noncash contributions received2011-12-31$0
Net income (gross income less expenses)2011-12-31$-18,797
Net plan assets at end of year (total assets less liabilities)2011-12-31$56,844
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$75,641
Total contributions received or receivable from employer(s)2011-12-31$5,000
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$2,500
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : EMPLOYEE BENEFIT PLAN OF BRIGHTER TOMORROWS, INC. 2010 401k financial data
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$24,215
Expenses. Total of all expenses incurred2010-12-31$14,845
Benefits paid (including direct rollovers)2010-12-31$10,000
Total plan assets at end of year2010-12-31$75,641
Total plan assets at beginning of year2010-12-31$66,271
Value of fidelity bond covering the plan2010-12-31$260,000
Other income received2010-12-31$4,215
Net income (gross income less expenses)2010-12-31$9,370
Net plan assets at end of year (total assets less liabilities)2010-12-31$75,641
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$66,271
Total contributions received or receivable from employer(s)2010-12-31$20,000
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$4,845
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : EMPLOYEE BENEFIT PLAN OF BRIGHTER TOMORROWS, INC. 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF BRIGHTER TOMORROWS, INC.

2011: EMPLOYEE BENEFIT PLAN OF BRIGHTER TOMORROWS, INC. 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: EMPLOYEE BENEFIT PLAN OF BRIGHTER TOMORROWS, INC. 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: EMPLOYEE BENEFIT PLAN OF BRIGHTER TOMORROWS, INC. 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

SECURITY MUTUAL LIFE INSURANCE COMPANY OF NY (National Association of Insurance Commissioners NAIC id number: 68772 )
Policy contract numberAPT51 4901
Policy instance 1
SECURITY MUTUAL LIFE INSURANCE COMPANY OF NY (National Association of Insurance Commissioners NAIC id number: 68772 )
Policy contract numberAPT51 4901
Policy instance 1

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