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EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC. 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC.
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC. 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.
  • 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

RAINBOW RESOURCE CENTER, INC. has sponsored the creation of one or more 401k plans.

Company Name:RAINBOW RESOURCE CENTER, INC.
Employer identification number (EIN):270039043
NAIC Classification:454110
NAIC Description:Electronic Shopping and Mail-Order Houses

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ROBERT SCHNEIDER2024-07-26
0012022-01-01ROBERT SCHNEIDER2023-06-12
0012021-01-01ROBERT SCHNEIDER2022-10-05
0012020-01-01ROBERT SCHNEIDER2021-06-26
0012019-01-01ROBERT SCHNEIDER2020-07-28
0012018-01-01ROBERT SCHNEIDER2019-07-17
0012017-01-01ROBERT SCHNEIDER2018-06-22 ROBERT SCHNEIDER2018-06-22
0012016-01-01ROBERT SCHNEIDER2017-06-06 ROBERT SCHNEIDER2017-06-06
0012015-01-01ROBERT SCHNEIDER2016-07-05 ROBERT SCHNEIDER2016-07-05
0012014-01-01ROBERT SCHNEIDER2015-07-23
0012014-01-01ROBERT SCHNEIDER2015-07-23
0012013-01-01ROBERT SCHNEIDER2014-07-02 ROBERT SCHNEIDER2014-07-02
0012012-01-01ROBERT SCHNEIDER2013-10-03 ROBERT SCHNEIDER2013-10-03
0012011-01-01ROBERT SCHNEIDER
0012010-01-01ROBERT SCHNEIDER

Plan Statistics for EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC.

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC.

Measure Date Value
2025: EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC. 2025 401k membership
Total number of particpants at beginning of year2025-07-0296
Total number of particpants at end of year2025-07-0294
Number of Participants With Account Balances2025-07-0294
2024: EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC. 2024 401k membership
Total number of particpants at beginning of year2024-07-2690
Total number of particpants at end of year2024-07-2696
Number of Participants With Account Balances2024-07-2689
2022: EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC. 2022 401k membership
Total number of particpants at beginning of year2022-10-0577
Total number of particpants at end of year2022-10-0593
Number of Participants With Account Balances2022-10-0591
2011: EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC. 2011 401k membership
Total participants, beginning-of-year2011-01-0155
Total number of active participants reported on line 7a of the Form 55002011-01-0141
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-018
Total of all active and inactive participants2011-01-0149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0149
Number of participants with account balances2011-01-0148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC. 2010 401k membership
Total participants, beginning-of-year2010-01-0152
Total number of active participants reported on line 7a of the Form 55002010-01-0145
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0110
Total of all active and inactive participants2010-01-0155
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0155
Number of participants with account balances2010-01-0153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010

Financial Data on EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC.

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC. 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-07-020
Total expenses incurred by plan in this plan year2025-07-0270134
Net assets as of the end of the plan year2025-07-028320399
Total assets as of the beginning of the plan year2025-07-026787501
Value of plan covered by a fidelity bond2025-07-02600000
Participant contributions to plan in this plan year2025-07-02267255
Value of participant loans at end of plan year2025-07-02128702
Other expenses paid from plan in this plan year2025-07-020
Other contributions to plan in this plan year2025-07-020
Other income to plan in this plan year2025-07-021181625
Plan net income in this plan year2025-07-021532898
Net assets as of the end of the plan year2025-07-028320399
Net assets as of the beginning of the plan year2025-07-026787501
Employer contributions to plan in this plan year2025-07-02154152
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-021119
2024 : EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-260
Total liabilities as of the end of the plan year2024-07-260
Total liabilities as of the beginning of the plan year2024-07-260
Total expenses incurred by plan in this plan year2024-07-2642708
Net assets as of the end of the plan year2024-07-266787501
Total assets as of the beginning of the plan year2024-07-265373839
Value of plan covered by a fidelity bond2024-07-26600000
Participant contributions to plan in this plan year2024-07-26233501
Value of participant loans at end of plan year2024-07-26144694
Other expenses paid from plan in this plan year2024-07-260
Other contributions to plan in this plan year2024-07-2633664
Other income to plan in this plan year2024-07-261048597
Plan net income in this plan year2024-07-261413662
Net assets as of the end of the plan year2024-07-266787501
Net assets as of the beginning of the plan year2024-07-265373839
Employer contributions to plan in this plan year2024-07-26140608
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-26880
2022 : EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC. 2022 401k financial data
Total transfers to/from plan in this plan year2022-10-050
Total liabilities as of the end of the plan year2022-10-050
Total liabilities as of the beginning of the plan year2022-10-050
Total expenses incurred by plan in this plan year2022-10-05235603
Net assets as of the end of the plan year2022-10-056485861
Total assets as of the beginning of the plan year2022-10-055644352
Value of plan covered by a fidelity bond2022-10-05600000
Participant contributions to plan in this plan year2022-10-05199005
Value of participant loans at end of plan year2022-10-05113861
Other expenses paid from plan in this plan year2022-10-05839
Other contributions to plan in this plan year2022-10-056755
Other income to plan in this plan year2022-10-05753243
Plan net income in this plan year2022-10-05841509
Net assets as of the end of the plan year2022-10-056485861
Net assets as of the beginning of the plan year2022-10-055644352
Employer contributions to plan in this plan year2022-10-05118109
Fees paid to broker by Benefit Provider2022-10-051004
2011 : EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC. 2011 401k financial data
Total income from all sources2011-12-31$125,534
Expenses. Total of all expenses incurred2011-12-31$34,271
Benefits paid (including direct rollovers)2011-12-31$33,046
Total plan assets at end of year2011-12-31$1,227,180
Total plan assets at beginning of year2011-12-31$1,135,917
Value of fidelity bond covering the plan2011-12-31$130,000
Total contributions received or receivable from participants2011-12-31$82,533
Other income received2011-12-31$-24,088
Net income (gross income less expenses)2011-12-31$91,263
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,227,180
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,135,917
Assets. Value of participant loans2011-12-31$42,422
Total contributions received or receivable from employer(s)2011-12-31$67,089
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$1,225
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC. 2010 401k financial data
Total income from all sources2010-12-31$301,470
Expenses. Total of all expenses incurred2010-12-31$47,358
Benefits paid (including direct rollovers)2010-12-31$43,588
Total plan assets at end of year2010-12-31$1,135,917
Total plan assets at beginning of year2010-12-31$881,805
Value of fidelity bond covering the plan2010-12-31$90,000
Total contributions received or receivable from participants2010-12-31$88,718
Other income received2010-12-31$144,998
Net income (gross income less expenses)2010-12-31$254,112
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,135,917
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$881,805
Assets. Value of participant loans2010-12-31$29,128
Total contributions received or receivable from employer(s)2010-12-31$67,754
Value of certain deemed distributions of participant loans2010-12-31$2,595
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$1,175
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC. 2009 401k financial data
Total income from all sources2009-12-31$358,976
Expenses. Total of all expenses incurred2009-12-31$8,516
Benefits paid (including direct rollovers)2009-12-31$8,291
Total plan assets at end of year2009-12-31$881,805
Total plan assets at beginning of year2009-12-31$531,345
Value of fidelity bond covering the plan2009-12-31$90,000
Total contributions received or receivable from participants2009-12-31$102,364
Other income received2009-12-31$190,779
Net income (gross income less expenses)2009-12-31$350,460
Net plan assets at end of year (total assets less liabilities)2009-12-31$881,805
Net plan assets at beginning of year (total assets less liabilities)2009-12-31$531,345
Assets. Value of participant loans2009-12-31$24,004
Total contributions received or receivable from employer(s)2009-12-31$65,833
Expenses. Administrative service providers (salaries,fees and commissions)2009-12-31$225

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC.

2011: EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC. 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: EMPLOYEE BENEFIT PLAN OF RAINBOW RESOURCE CENTER, INC. 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedYes
2010-01-01This submission is the final filingNo
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

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