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NEW ERA VENTURES, INC.. PROFIT SHARING PLAN 401k Plan overview

Plan NameNEW ERA VENTURES, INC.. PROFIT SHARING PLAN
Plan identification number 001

NEW ERA VENTURES, INC.. PROFIT SHARING PLAN 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

NEW ERA VENTURES, INC. has sponsored the creation of one or more 401k plans.

Company Name:NEW ERA VENTURES, INC.
Employer identification number (EIN):202926573
NAIC Classification:812990
NAIC Description:All Other Personal Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW ERA VENTURES, INC.. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012010-01-01LANCE WALLACE
0012009-01-01RICHARD POULSON

Financial Data on NEW ERA VENTURES, INC.. PROFIT SHARING PLAN

Measure Date Value
2010 : NEW ERA VENTURES, INC.. PROFIT SHARING PLAN 2010 401k financial data
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$100
Total income from all sources2010-12-31$0
Expenses. Total of all expenses incurred2010-12-31$135
Benefits paid (including direct rollovers)2010-12-31$125
Total plan assets at end of year2010-12-31$0
Total plan assets at beginning of year2010-12-31$235
Expenses. Other expenses not covered elsewhere2010-12-31$10
Other income received2010-12-31$0
Net income (gross income less expenses)2010-12-31$-135
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$135

Form 5500 Responses for NEW ERA VENTURES, INC.. PROFIT SHARING PLAN

2010: NEW ERA VENTURES, INC.. PROFIT SHARING PLAN 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 filingYes
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 – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: NEW ERA VENTURES, INC.. PROFIT SHARING 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

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