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FOUNDATION FOR INNER PEACE 401(K) PLAN 401k Plan overview

Plan NameFOUNDATION FOR INNER PEACE 401(K) PLAN
Plan identification number 001

FOUNDATION FOR INNER PEACE 401(K) 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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.

401k Sponsoring company profile

Foundation for Inner Peace Inc has sponsored the creation of one or more 401k plans.

Company Name:Foundation for Inner Peace Inc
Employer identification number (EIN):237174187
NAIC Classification:511130
NAIC Description:Book Publishers

Additional information about Foundation for Inner Peace Inc

Jurisdiction of Incorporation: California Department of State
Incorporation Date:
Company Identification Number: C0910188

More information about Foundation for Inner Peace Inc

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FOUNDATION FOR INNER PEACE 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01QIAN LIU2024-05-07
0012022-01-01CHRISTINE RIMER2023-05-30

Plan Statistics for FOUNDATION FOR INNER PEACE 401(K) PLAN

401k plan membership statisitcs for FOUNDATION FOR INNER PEACE 401(K) PLAN

Measure Date Value
2025: FOUNDATION FOR INNER PEACE 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-04-1711
Total number of particpants at end of year2025-04-1713
Number of Participants With Account Balances2025-04-1712
2024: FOUNDATION FOR INNER PEACE 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-0710
Total number of particpants at end of year2024-05-0711
Number of Participants With Account Balances2024-05-0710

Financial Data on FOUNDATION FOR INNER PEACE 401(K) PLAN

Measure Date Value
2025 : FOUNDATION FOR INNER PEACE 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-04-170
Total liabilities as of the end of the plan year2025-04-170
Total liabilities as of the beginning of the plan year2025-04-170
Total expenses incurred by plan in this plan year2025-04-176132
Net assets as of the end of the plan year2025-04-17313037
Total assets as of the beginning of the plan year2025-04-17189924
Value of plan covered by a fidelity bond2025-04-17917471694
Participant contributions to plan in this plan year2025-04-1761614
Other expenses paid from plan in this plan year2025-04-170
Other contributions to plan in this plan year2025-04-170
Other income to plan in this plan year2025-04-1733341
Plan net income in this plan year2025-04-17123113
Net assets as of the end of the plan year2025-04-17313037
Net assets as of the beginning of the plan year2025-04-17189924
Value of contributions failed to transmitted timely2025-04-170
Employer contributions to plan in this plan year2025-04-1734290
Fees paid to broker by Benefit Provider2025-04-170
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-17404
2024 : FOUNDATION FOR INNER PEACE 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-05-070
Total liabilities as of the end of the plan year2024-05-070
Total liabilities as of the beginning of the plan year2024-05-070
Total expenses incurred by plan in this plan year2024-05-07162
Net assets as of the end of the plan year2024-05-07189924
Total assets as of the beginning of the plan year2024-05-0735234
Value of plan covered by a fidelity bond2024-05-07705050000
Participant contributions to plan in this plan year2024-05-0748912
Other expenses paid from plan in this plan year2024-05-070
Other contributions to plan in this plan year2024-05-0757165
Other income to plan in this plan year2024-05-0717893
Plan net income in this plan year2024-05-07154690
Net assets as of the end of the plan year2024-05-07189924
Net assets as of the beginning of the plan year2024-05-0735234
Value of contributions failed to transmitted timely2024-05-070
Employer contributions to plan in this plan year2024-05-0730882
Fees paid to broker by Benefit Provider2024-05-070
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-07162

Potentially related plans

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