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GREAT LAKES GYM INC 401 PROFIT SHARING 401k Plan overview

Plan NameGREAT LAKES GYM INC 401 PROFIT SHARING
Plan identification number 001

GREAT LAKES GYM INC 401 PROFIT SHARING Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

GREAT LAKES GYM INC 401 PROFIT SHARING PLAN has sponsored the creation of one or more 401k plans.

Company Name:GREAT LAKES GYM INC 401 PROFIT SHARING PLAN
Employer identification number (EIN):161170326
NAIC Classification:711210
NAIC Description: Spectator Sports

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GREAT LAKES GYM INC 401 PROFIT SHARING

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012009-01-01TODD LEVINE
0012009-01-01 TODD LEVINE2010-10-12
0012009-01-01TODD LEVINE
0012009-01-01TODD LEVINE
0012008-01-01 TODD LEVINE2010-08-19
0012007-01-01 TODD LEVINE2010-08-18
0012007-01-01TODD LEVINE

Plan Statistics for GREAT LAKES GYM INC 401 PROFIT SHARING

401k plan membership statisitcs for GREAT LAKES GYM INC 401 PROFIT SHARING

Measure Date Value
2009: GREAT LAKES GYM INC 401 PROFIT SHARING 2009 401k membership
Total participants, beginning-of-year2009-01-011
Total number of active participants reported on line 7a of the Form 55002009-01-011
Total of all active and inactive participants2009-01-011
Total participants2009-01-011
Number of participants with account balances2009-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010
2008: GREAT LAKES GYM INC 401 PROFIT SHARING 2008 401k membership
Total participants, beginning-of-year2008-01-011
Total number of active participants reported on line 7a of the Form 55002008-01-011
Total of all active and inactive participants2008-01-011
Total participants2008-01-011
Number of participants with account balances2008-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2008-01-010
2007: GREAT LAKES GYM INC 401 PROFIT SHARING 2007 401k membership
Total participants, beginning-of-year2007-01-0136
Total number of active participants reported on line 7a of the Form 55002007-01-011
Number of retired or separated participants receiving benefits2007-01-0135
Total of all active and inactive participants2007-01-0136
Total participants2007-01-0136
Number of participants with account balances2007-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2007-01-0135

Financial Data on GREAT LAKES GYM INC 401 PROFIT SHARING

Measure Date Value
2010 : GREAT LAKES GYM INC 401 PROFIT SHARING 2010 401k financial data
Transfers to/from the plan2010-12-31$10,500
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$167
Expenses. Total of all expenses incurred2010-12-31$0
Benefits paid (including direct rollovers)2010-12-31$0
Total plan assets at end of year2010-12-31$0
Total plan assets at beginning of year2010-12-31$10,333
Total contributions received or receivable from participants2010-12-31$0
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$167
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$167
Net plan assets at end of year (total assets less liabilities)2010-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$10,333
Total contributions received or receivable from employer(s)2010-12-31$0
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0

Form 5500 Responses for GREAT LAKES GYM INC 401 PROFIT SHARING

2009: GREAT LAKES GYM INC 401 PROFIT SHARING 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
2008: GREAT LAKES GYM INC 401 PROFIT SHARING 2008 form 5500 responses
2008-01-01Type of plan entitySingle employer plan
2008-01-01Submission has been amendedNo
2008-01-01This submission is the final filingNo
2008-01-01This return/report is a short plan year return/report (less than 12 months)No
2008-01-01Plan is a collectively bargained planNo
2008-01-01Plan funding arrangement – TrustYes
2008-01-01Plan benefit arrangement - TrustYes
2007: GREAT LAKES GYM INC 401 PROFIT SHARING 2007 form 5500 responses
2007-01-01Type of plan entitySingle employer plan
2007-01-01Submission has been amendedNo
2007-01-01This submission is the final filingNo
2007-01-01This return/report is a short plan year return/report (less than 12 months)No
2007-01-01Plan is a collectively bargained planNo
2007-01-01Plan funding arrangement – TrustYes
2007-01-01Plan benefit arrangement - TrustYes

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