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ADVANCED AIR SOLUTIONS, INC. 401(K) PLAN 401k Plan overview

Plan NameADVANCED AIR SOLUTIONS, INC. 401(K) PLAN
Plan identification number 001

ADVANCED AIR SOLUTIONS, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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(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.
  • 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

ADVANCED AIR SOLUTIONS, INC. has sponsored the creation of one or more 401k plans.

Company Name:ADVANCED AIR SOLUTIONS, INC.
Employer identification number (EIN):300430413

Additional information about ADVANCED AIR SOLUTIONS, INC.

Jurisdiction of Incorporation: Michigan Secretary of State
Incorporation Date: 0000-00-00
Company Identification Number: 00959N
Legal Registered Office Address: 2450 DELHI COMMERCE DR HOLT


United States of America (USA)
48842

More information about ADVANCED AIR SOLUTIONS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ADVANCED AIR SOLUTIONS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012009-01-01STEVEN BENDER STEVEN BENDER2010-11-17

Plan Statistics for ADVANCED AIR SOLUTIONS, INC. 401(K) PLAN

401k plan membership statisitcs for ADVANCED AIR SOLUTIONS, INC. 401(K) PLAN

Measure Date Value
2009: ADVANCED AIR SOLUTIONS, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-014
Total number of active participants reported on line 7a of the Form 55002009-01-011
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-012
Total of all active and inactive participants2009-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-013
Number of participants with account balances2009-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on ADVANCED AIR SOLUTIONS, INC. 401(K) PLAN

Measure Date Value
2011 : ADVANCED AIR SOLUTIONS, INC. 401(K) PLAN 2011 401k financial data
Transfers to/from the plan2011-07-31$0
Total income from all sources2011-07-31$722
Expenses. Total of all expenses incurred2011-07-31$24,228
Benefits paid (including direct rollovers)2011-07-31$24,188
Total plan assets at end of year2011-07-31$0
Total plan assets at beginning of year2011-07-31$23,506
Value of fidelity bond covering the plan2011-07-31$2,000
Total contributions received or receivable from participants2011-07-31$0
Expenses. Other expenses not covered elsewhere2011-07-31$40
Contributions received from other sources (not participants or employers)2011-07-31$0
Other income received2011-07-31$722
Net income (gross income less expenses)2011-07-31$-23,506
Net plan assets at end of year (total assets less liabilities)2011-07-31$0
Net plan assets at beginning of year (total assets less liabilities)2011-07-31$23,506
Assets. Value of participant loans2011-07-31$0
Total contributions received or receivable from employer(s)2011-07-31$0
Value of certain deemed distributions of participant loans2011-07-31$0
Value of corrective distributions2011-07-31$0
Funding deficiency by the employer to the plan for this plan year2011-07-31$0
Minimum employer required contribution for this plan year2011-07-31$0
Amount contributed by the employer to the plan for this plan year2011-07-31$0
2010 : ADVANCED AIR SOLUTIONS, INC. 401(K) PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total income from all sources2010-12-31$4,829
Expenses. Total of all expenses incurred2010-12-31$513
Benefits paid (including direct rollovers)2010-12-31$409
Total plan assets at end of year2010-12-31$23,506
Total plan assets at beginning of year2010-12-31$19,190
Value of fidelity bond covering the plan2010-12-31$2,000
Total contributions received or receivable from participants2010-12-31$2,560
Expenses. Other expenses not covered elsewhere2010-12-31$104
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$1,949
Net income (gross income less expenses)2010-12-31$4,316
Net plan assets at end of year (total assets less liabilities)2010-12-31$23,506
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$19,190
Assets. Value of participant loans2010-12-31$10,687
Total contributions received or receivable from employer(s)2010-12-31$320
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$0
Amount contributed by the employer to the plan for this plan year2010-12-31$0
2009 : ADVANCED AIR SOLUTIONS, INC. 401(K) PLAN 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$0
Amount contributed by the employer to the plan for this plan year2009-12-31$0

Form 5500 Responses for ADVANCED AIR SOLUTIONS, INC. 401(K) PLAN

2009: ADVANCED AIR SOLUTIONS, INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes

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