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NEW YORK LANGUAGE CENTER, INC. & IT'S AFFILIATES 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameNEW YORK LANGUAGE CENTER, INC. & IT'S AFFILIATES 401(K) PROFIT SHARING PLAN
Plan identification number 001

NEW YORK LANGUAGE CENTER, INC. & IT'S AFFILIATES 401(K) PROFIT SHARING PLAN 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.
  • 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 contribtions 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

NEW YORK LANGUAGE CENTER, INC. has sponsored the creation of one or more 401k plans.

Company Name:NEW YORK LANGUAGE CENTER, INC.
Employer identification number (EIN):133275377
NAIC Classification:611000

Additional information about NEW YORK LANGUAGE CENTER, INC.

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1985-06-10
Company Identification Number: 1003171
Legal Registered Office Address: 37-66 82ND STREET
New York
JACKSON HEIGHTS
United States of America (USA)
11372

More information about NEW YORK LANGUAGE CENTER, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW YORK LANGUAGE CENTER, INC. & IT'S AFFILIATES 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01BARBARA DICK2013-09-17 BARBARA DICK2013-09-17
0012011-01-01BARBARA DICK2012-09-25 BARBARA DICK2012-09-25
0012010-01-01BARBARA DICK2011-09-27 BARBARA DICK2011-09-27

Financial Data on NEW YORK LANGUAGE CENTER, INC. & IT'S AFFILIATES 401(K) PROFIT SHARING PLAN

Measure Date Value
2024 : NEW YORK LANGUAGE CENTER, INC. & IT'S AFFILIATES 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-0866100
Net assets as of the end of the plan year2024-10-081119919
Total assets as of the beginning of the plan year2024-10-08947114
Value of plan covered by a fidelity bond2024-10-08200000
Participant contributions to plan in this plan year2024-10-0866868
Other income to plan in this plan year2024-10-08172037
Plan net income in this plan year2024-10-08172805
Net assets as of the end of the plan year2024-10-081119919
Net assets as of the beginning of the plan year2024-10-08947114
Fees paid to broker by Benefit Provider2024-10-083118

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