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NEW ERA COMPANIES 401(K) PLAN 401k Plan overview

Plan NameNEW ERA COMPANIES 401(K) PLAN
Plan identification number 001

NEW ERA COMPANIES 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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 ERA OPTICAL COMPANY has sponsored the creation of one or more 401k plans.

Company Name:NEW ERA OPTICAL COMPANY
Employer identification number (EIN):361543150
NAIC Classification:423990
NAIC Description:Other Miscellaneous Durable Goods Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW ERA COMPANIES 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01WILLIAM CHURCHILL2024-06-14
0012022-01-01WILLIAM CHURCHILL, CONTROLLER2023-06-23
0012021-01-01WILLIAM CHURCHILL2022-05-24
0012020-01-01WILLIAM C CHURCHILL2021-06-30 WILLIAM C CHURCHILL2021-06-30
0012020-01-01WILLIAM C CHURCHILL2021-09-27
0012019-01-01WILLIAM C CHURCHILL2020-06-26
0012018-01-01WILLIAM CHURCHILL2019-06-07
0012017-01-01WILLIAM CHURCHILL, CONTROLLER2018-06-06
0012016-01-01WILLIAM CHURCHILL2017-06-28
0012014-01-01WILLIAM CHURCHILL2015-05-29
0012013-01-01WILLIAM CHURCHILL2014-06-05 WILLIAM CHURCHILL2014-06-05
0012012-01-01WILLIAM CHURCHILL2013-05-30
0012011-01-01WILLIAM CHURCHILL2012-05-10
0012010-01-01WILLIAM CHURCHILL2011-06-10

Plan Statistics for NEW ERA COMPANIES 401(K) PLAN

401k plan membership statisitcs for NEW ERA COMPANIES 401(K) PLAN

Measure Date Value
2025: NEW ERA COMPANIES 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-06-3059
Total number of particpants at end of year2025-06-3061
Number of Participants With Account Balances2025-06-3028
2024: NEW ERA COMPANIES 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-06-1465
Total number of particpants at end of year2024-06-1459
Number of Participants With Account Balances2024-06-1427
2022: NEW ERA COMPANIES 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-05-2463
Total number of particpants at end of year2022-05-2459
Number of Participants With Account Balances2022-05-2425

Financial Data on NEW ERA COMPANIES 401(K) PLAN

Measure Date Value
2025 : NEW ERA COMPANIES 401(K) PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-06-300
Total expenses incurred by plan in this plan year2025-06-3044085
Net assets as of the end of the plan year2025-06-303140784
Total assets as of the beginning of the plan year2025-06-302537540
Value of plan covered by a fidelity bond2025-06-30100000
Participant contributions to plan in this plan year2025-06-30105994
Value of participant loans at end of plan year2025-06-303755
Other income to plan in this plan year2025-06-30520485
Plan net income in this plan year2025-06-30603244
Net assets as of the end of the plan year2025-06-303140784
Net assets as of the beginning of the plan year2025-06-302537540
Employer contributions to plan in this plan year2025-06-3020850
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-3019147
2024 : NEW ERA COMPANIES 401(K) PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-06-140
Total expenses incurred by plan in this plan year2024-06-14673046
Net assets as of the end of the plan year2024-06-142537540
Total assets as of the beginning of the plan year2024-06-142481466
Value of plan covered by a fidelity bond2024-06-14100000
Participant contributions to plan in this plan year2024-06-1478113
Value of participant loans at end of plan year2024-06-146983
Other income to plan in this plan year2024-06-14634837
Plan net income in this plan year2024-06-1456074
Net assets as of the end of the plan year2024-06-142537540
Net assets as of the beginning of the plan year2024-06-142481466
Employer contributions to plan in this plan year2024-06-1416170
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-1420407
2022 : NEW ERA COMPANIES 401(K) PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-05-240
Total expenses incurred by plan in this plan year2022-05-2461504
Net assets as of the end of the plan year2022-05-243184144
Total assets as of the beginning of the plan year2022-05-242718835
Value of plan covered by a fidelity bond2022-05-24100000
Participant contributions to plan in this plan year2022-05-2471874
Value of participant loans at end of plan year2022-05-2417747
Other income to plan in this plan year2022-05-24439987
Plan net income in this plan year2022-05-24465309
Net assets as of the end of the plan year2022-05-243184144
Net assets as of the beginning of the plan year2022-05-242718835
Employer contributions to plan in this plan year2022-05-2414952
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-2418322

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