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THE NEW PRESS, INC. PROFIT SHARING & RETIREMENT PLAN 401k Plan overview

Plan NameTHE NEW PRESS, INC. PROFIT SHARING & RETIREMENT PLAN
Plan identification number 001

THE NEW PRESS, INC. PROFIT SHARING & RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • 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.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

THE NEW PRESS, INC. has sponsored the creation of one or more 401k plans.

Company Name:THE NEW PRESS, INC.
Employer identification number (EIN):133584516
NAIC Classification:511130
NAIC Description:Book Publishers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE NEW PRESS, INC. PROFIT SHARING & RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ROSA M. DEL SAZ2024-10-15
0012022-01-01ROSA DEL SAZ2023-10-11
0012021-01-01MARIE MARTIN2022-10-10 ROSA DEL SAZ2022-07-19
0012021-01-01MARIE MARTIN2022-10-10 ROSA DEL SAZ2022-07-19
0012020-01-01CARLINE YUP2021-07-14 DIANE WACHTELL2021-08-05
0012019-01-01VERONICA HAIRSTON2020-04-17
0012018-01-01VERONICA HAIRSTON2019-10-09
0012017-01-01VERONICA HAIRSTON2018-10-12
0012016-01-01
0012013-01-01CARLINE YUP2014-10-10 CARLINE YUP2014-10-10
0012012-01-01CARLINE YUP2013-06-25 CARLINE YUP2013-06-25
0012011-01-01CARLINE YUP2012-07-10 CARLINE YUP2012-07-10
0012010-01-01CARLINE YUP2011-09-26 CARLINE YUP2011-09-26
0012009-01-01CARLINE YUP CARLINE YUP2010-09-02

Plan Statistics for THE NEW PRESS, INC. PROFIT SHARING & RETIREMENT PLAN

401k plan membership statisitcs for THE NEW PRESS, INC. PROFIT SHARING & RETIREMENT PLAN

Measure Date Value
2025: THE NEW PRESS, INC. PROFIT SHARING & RETIREMENT PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-2027
Total number of particpants at end of year2025-07-2052
Number of Participants With Account Balances2025-07-2051
2024: THE NEW PRESS, INC. PROFIT SHARING & RETIREMENT PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-1550
Total number of particpants at end of year2024-10-1548
Number of Participants With Account Balances2024-10-1548
2022: THE NEW PRESS, INC. PROFIT SHARING & RETIREMENT PLAN 2022 401k membership
Total number of particpants at beginning of year2022-10-1071
Total number of particpants at end of year2022-10-1060
Number of Participants With Account Balances2022-10-1060
2009: THE NEW PRESS, INC. PROFIT SHARING & RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0153
Total number of active participants reported on line 7a of the Form 55002009-01-0125
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0133
Total of all active and inactive participants2009-01-0158
Total participants2009-01-0158
Number of participants with account balances2009-01-0145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-016

Financial Data on THE NEW PRESS, INC. PROFIT SHARING & RETIREMENT PLAN

Measure Date Value
2025 : THE NEW PRESS, INC. PROFIT SHARING & RETIREMENT PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-20363974
Net assets as of the end of the plan year2025-07-203735117
Total assets as of the beginning of the plan year2025-07-203498353
Value of plan covered by a fidelity bond2025-07-20350000
Participant contributions to plan in this plan year2025-07-2092797
Value of participant loans at end of plan year2025-07-204691
Other contributions to plan in this plan year2025-07-2053004
Other income to plan in this plan year2025-07-20395302
Plan net income in this plan year2025-07-20236764
Net assets as of the end of the plan year2025-07-203735117
Net assets as of the beginning of the plan year2025-07-203498353
Employer contributions to plan in this plan year2025-07-2059635
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-206012
2024 : THE NEW PRESS, INC. PROFIT SHARING & RETIREMENT PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-10-150
Total expenses incurred by plan in this plan year2024-10-15316813
Net assets as of the end of the plan year2024-10-153498353
Total assets as of the beginning of the plan year2024-10-153143007
Value of plan covered by a fidelity bond2024-10-15407000
Participant contributions to plan in this plan year2024-10-1542684
Value of participant loans at end of plan year2024-10-157849
Other income to plan in this plan year2024-10-15530808
Plan net income in this plan year2024-10-15355346
Net assets as of the end of the plan year2024-10-153498353
Net assets as of the beginning of the plan year2024-10-153143007
Employer contributions to plan in this plan year2024-10-1598667
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-156527
2022 : THE NEW PRESS, INC. PROFIT SHARING & RETIREMENT PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-1047370
Net assets as of the end of the plan year2022-10-104065104
Total assets as of the beginning of the plan year2022-10-103311394
Value of plan covered by a fidelity bond2022-10-10332000
Participant contributions to plan in this plan year2022-10-10102602
Value of participant loans at end of plan year2022-10-1033173
Other income to plan in this plan year2022-10-10467084
Plan net income in this plan year2022-10-10753710
Net assets as of the end of the plan year2022-10-104065104
Net assets as of the beginning of the plan year2022-10-103311394
Employer contributions to plan in this plan year2022-10-10231394
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-106574

Form 5500 Responses for THE NEW PRESS, INC. PROFIT SHARING & RETIREMENT PLAN

2009: THE NEW PRESS, INC. PROFIT SHARING & RETIREMENT PLAN 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 – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Potentially related plans

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