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FIRST CHOICE FOODS, LLC 401(K) PLAN 401k Plan overview

Plan NameFIRST CHOICE FOODS, LLC 401(K) PLAN
Plan identification number 001

FIRST CHOICE FOODS, LLC 401(K) 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

FIRST CHOICE FOODS, LLC has sponsored the creation of one or more 401k plans.

Company Name:FIRST CHOICE FOODS, LLC
Employer identification number (EIN):205267191
NAIC Classification:424400

Additional information about FIRST CHOICE FOODS, LLC

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number: 1175175

More information about FIRST CHOICE FOODS, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST CHOICE FOODS, LLC 401(K) 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

Financial Data on FIRST CHOICE FOODS, LLC 401(K) PLAN

Measure Date Value
2025 : FIRST CHOICE FOODS, LLC 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-08-200
Total liabilities as of the end of the plan year2025-08-200
Total liabilities as of the beginning of the plan year2025-08-200
Total expenses incurred by plan in this plan year2025-08-209551
Net assets as of the end of the plan year2025-08-201190654
Total assets as of the beginning of the plan year2025-08-20735162
Value of plan covered by a fidelity bond2025-08-2073516
Participant contributions to plan in this plan year2025-08-20108900
Other expenses paid from plan in this plan year2025-08-200
Other contributions to plan in this plan year2025-08-20101029
Other income to plan in this plan year2025-08-2092549
Plan net income in this plan year2025-08-20455492
Net assets as of the end of the plan year2025-08-201190654
Net assets as of the beginning of the plan year2025-08-20735162
Employer contributions to plan in this plan year2025-08-20162565
Fees paid to broker by Benefit Provider2025-08-20110
Expensese paid to adminstrative service provicers from plan in this plan year2025-08-209551
Total transfers to/from plan in this plan year2025-07-180
Total liabilities as of the end of the plan year2025-07-180
Total liabilities as of the beginning of the plan year2025-07-180
Total expenses incurred by plan in this plan year2025-07-1822727
Net assets as of the end of the plan year2025-07-18735162
Total assets as of the beginning of the plan year2025-07-18290901
Value of plan covered by a fidelity bond2025-07-1829090
Participant contributions to plan in this plan year2025-07-18141093
Other expenses paid from plan in this plan year2025-07-180
Other contributions to plan in this plan year2025-07-180
Other income to plan in this plan year2025-07-1838565
Plan net income in this plan year2025-07-18444261
Net assets as of the end of the plan year2025-07-18735162
Net assets as of the beginning of the plan year2025-07-18290901
Employer contributions to plan in this plan year2025-07-18287330
Fees paid to broker by Benefit Provider2025-07-18141
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-18628
2022 : FIRST CHOICE FOODS, LLC 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-09-022333
Net assets as of the end of the plan year2022-09-02254393
Total assets as of the beginning of the plan year2022-09-0224838
Participant contributions to plan in this plan year2022-09-0290898
Other income to plan in this plan year2022-09-0211942
Plan net income in this plan year2022-09-02229555
Net assets as of the end of the plan year2022-09-02254393
Net assets as of the beginning of the plan year2022-09-0224838
Employer contributions to plan in this plan year2022-09-02129048
Fees paid to broker by Benefit Provider2022-09-021969
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-022333

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