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EMPLOYEE BENEFIT PLAN OF NEW START DEVELOPMENT, LLC 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF NEW START DEVELOPMENT, LLC
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF NEW START DEVELOPMENT, LLC 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.
  • Code section 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • 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

NEW START DEVELOPMENT, LLC has sponsored the creation of one or more 401k plans.

Company Name:NEW START DEVELOPMENT, LLC
Employer identification number (EIN):263955966
NAIC Classification:533110
NAIC Description:Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)

Additional information about NEW START DEVELOPMENT, LLC

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 2008-12-22
Company Identification Number: 3755385
Legal Registered Office Address: 575-577 GRAND AVENUE
Kings
BROOKLYN
United States of America (USA)
11238

More information about NEW START DEVELOPMENT, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF NEW START DEVELOPMENT, LLC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ALFRED THOMPSON2024-10-08 ALFRED THOMPSON2024-10-08
0012022-01-01ALFRED THOMPSON2023-10-03 ALFRED THOMPSON2023-10-03
0012021-01-01ALFRED THOMPSON2022-10-17 ALFRED THOMPSON2022-10-17
0012020-01-01ALFRED THOMPSON2021-10-07 ALFRED THOMPSON2021-10-07
0012019-01-01ALFRED THOMPSON2020-10-02 ALFRED THOMPSON2020-10-02
0012018-01-01ALFRED THOMPSON2019-10-07 ALFRED THOMPSON2019-10-07
0012017-01-01ALFRED THOMPSON2018-10-12 ALFRED THOMPSON2018-10-12
0012016-01-01ALFRED THOMPSON2017-10-13 ALFRED THOMPSON2017-10-13
0012015-01-01ALFRED THOMPSON2016-09-28 ALFRED THOMPSON2016-09-28
0012014-01-01ALFRED THOMPSON2015-06-04 ALFRED THOMPSON2015-06-04
0012013-01-01ALFRED THOMPSON2014-07-11 ALFRED THOMPSON2014-07-11
0012012-01-01ALFRED THOMPSON2013-04-30 ALFRED THOMPSON2013-04-30
0012011-01-01ALFRED THOMPSON2012-07-27 ALFRED THOMPSON2012-07-27
0012010-01-01ALFRED THOMPSON2011-07-19 ALFRED THOMPSON2011-07-19

Financial Data on EMPLOYEE BENEFIT PLAN OF NEW START DEVELOPMENT, LLC

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF NEW START DEVELOPMENT, LLC 2025 401k financial data
Total transfers to/from plan in this plan year2025-10-130
Total liabilities as of the end of the plan year2025-10-130
Total liabilities as of the beginning of the plan year2025-10-130
Total expenses incurred by plan in this plan year2025-10-13587
Net assets as of the end of the plan year2025-10-13269044
Total assets as of the beginning of the plan year2025-10-13235834
Value of plan covered by a fidelity bond2025-10-1327000
Participant contributions to plan in this plan year2025-10-13923
Other expenses paid from plan in this plan year2025-10-130
Other contributions to plan in this plan year2025-10-130
Other income to plan in this plan year2025-10-1311200
Plan net income in this plan year2025-10-1333210
Net assets as of the end of the plan year2025-10-13269044
Net assets as of the beginning of the plan year2025-10-13235834
Employer contributions to plan in this plan year2025-10-1321674
Fees paid to broker by Benefit Provider2025-10-1316
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-13202
2024 : EMPLOYEE BENEFIT PLAN OF NEW START DEVELOPMENT, LLC 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-080
Total liabilities as of the end of the plan year2024-10-080
Total liabilities as of the beginning of the plan year2024-10-080
Total expenses incurred by plan in this plan year2024-10-081125
Net assets as of the end of the plan year2024-10-08235834
Total assets as of the beginning of the plan year2024-10-08210364
Value of plan covered by a fidelity bond2024-10-08500000
Participant contributions to plan in this plan year2024-10-08300
Other expenses paid from plan in this plan year2024-10-080
Other contributions to plan in this plan year2024-10-080
Other income to plan in this plan year2024-10-087435
Plan net income in this plan year2024-10-0825470
Net assets as of the end of the plan year2024-10-08235834
Net assets as of the beginning of the plan year2024-10-08210364
Employer contributions to plan in this plan year2024-10-0818860
Fees paid to broker by Benefit Provider2024-10-088
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-08125
2022 : EMPLOYEE BENEFIT PLAN OF NEW START DEVELOPMENT, LLC 2022 401k financial data
Total transfers to/from plan in this plan year2022-10-170
Total liabilities as of the end of the plan year2022-10-170
Total liabilities as of the beginning of the plan year2022-10-170
Total expenses incurred by plan in this plan year2022-10-17282775
Net assets as of the end of the plan year2022-10-17204204
Total assets as of the beginning of the plan year2022-10-17453310
Value of plan covered by a fidelity bond2022-10-17500000
Participant contributions to plan in this plan year2022-10-171950
Other expenses paid from plan in this plan year2022-10-17204
Other contributions to plan in this plan year2022-10-170
Other income to plan in this plan year2022-10-1721132
Plan net income in this plan year2022-10-17-249106
Net assets as of the end of the plan year2022-10-17204204
Net assets as of the beginning of the plan year2022-10-17453310
Employer contributions to plan in this plan year2022-10-1710587
Fees paid to broker by Benefit Provider2022-10-1753

Potentially related plans

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