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THE WILLIAM EVERETT GROUP 401(K) RETIREMENT PLAN 401k Plan overview

Plan NameTHE WILLIAM EVERETT GROUP 401(K) RETIREMENT PLAN
Plan identification number 001

THE WILLIAM EVERETT GROUP 401(K) 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.
  • 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

MIND YOUR MANNERS LTD. has sponsored the creation of one or more 401k plans.

Company Name:MIND YOUR MANNERS LTD.
Employer identification number (EIN):261317039
NAIC Classification:541600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE WILLIAM EVERETT GROUP 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-01-01BLAIR MCGEE2023-05-19
0012020-01-01BLAIR MCGEE2021-06-17
0012019-01-01BLAIR MCGEE2020-06-30
0012018-01-01BLAIR MCGEE2019-06-20
0012017-01-01BLAIR MCGEE2018-10-15
0012016-01-01ELLEN TURNER2017-06-29

Financial Data on THE WILLIAM EVERETT GROUP 401(K) RETIREMENT PLAN

Measure Date Value
2022 : THE WILLIAM EVERETT GROUP 401(K) RETIREMENT PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-01-01$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total income from all sources (including contributions)2022-01-01$193,837
Total loss/gain on sale of assets2022-01-01$0
Total of all expenses incurred2022-01-01$65,725
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$63,919
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$313,394
Value of total assets at end of year2022-01-01$724,692
Value of total assets at beginning of year2022-01-01$596,580
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$1,806
Total interest from all sources2022-01-01$442
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$10,841
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Total dividends received from registered investment company shares (eg mutual funds)2022-01-01$10,841
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$59,658
If this is an individual account plan, was there a blackout period2022-01-01Yes
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$267,985
Participant contributions at end of year2022-01-01$10,032
Participant contributions at beginning of year2022-01-01$1,152
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$45,409
Total non interest bearing cash at end of year2022-01-01$689
Total non interest bearing cash at beginning of year2022-01-01$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$128,112
Value of net assets at end of year (total assets less liabilities)2022-01-01$724,692
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$596,580
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Investment advisory and management fees2022-01-01$1,806
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-01-01$713,971
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-01-01$595,428
Interest on participant loans2022-01-01$442
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-01-01$-130,840
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01Yes
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$63,919
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-01-01Yes
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Accountancy firm name2022-01-01OSTROW REISIN BERK & ABRAMS, LTD.
Accountancy firm EIN2022-01-01362938874

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