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NEW DIRECTIONS IN SALES, INC. 401(K) PLAN 401k Plan overview

Plan NameNEW DIRECTIONS IN SALES, INC. 401(K) PLAN
Plan identification number 001

NEW DIRECTIONS IN SALES, INC. 401(K) 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

NEW DIRECTIONS IN SALES, INC. has sponsored the creation of one or more 401k plans.

Company Name:NEW DIRECTIONS IN SALES, INC.
Employer identification number (EIN):421468046
NAIC Classification:423600

Additional information about NEW DIRECTIONS IN SALES, INC.

Jurisdiction of Incorporation: Iowa Secretary of State Business Entities
Incorporation Date: 1997-12-29
Company Identification Number: 213035
Legal Registered Office Address: 2003 SE 37TH ST STE AB

GRIMES
United States of America (USA)
50111

More information about NEW DIRECTIONS IN SALES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW DIRECTIONS IN SALES, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012016-01-01
0012015-01-01JUDY RICHARDSON2016-10-16
0012014-01-01JUDY RICHARDSON2015-10-14
0012013-01-01JUDY KING2014-07-28
0012012-02-01DONALD RYAN2013-10-02 DONALD RYAN2013-10-02
0012011-02-01DONALD RYAN2012-10-08 DONALD RYAN2012-10-08
0012010-02-01DONALD RYAN2011-08-05 DONALD RYAN2011-08-05

Financial Data on NEW DIRECTIONS IN SALES, INC. 401(K) PLAN

Measure Date Value
2025 : NEW DIRECTIONS IN SALES, INC. 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-05-010
Total liabilities as of the end of the plan year2025-05-010
Total liabilities as of the beginning of the plan year2025-05-010
Total expenses incurred by plan in this plan year2025-05-01308082
Net assets as of the end of the plan year2025-05-011977630
Total assets as of the beginning of the plan year2025-05-011933246
Value of plan covered by a fidelity bond2025-05-01193325
Participant contributions to plan in this plan year2025-05-0158460
Other expenses paid from plan in this plan year2025-05-017811
Other contributions to plan in this plan year2025-05-010
Other income to plan in this plan year2025-05-01193182
Plan net income in this plan year2025-05-0144384
Net assets as of the end of the plan year2025-05-011977630
Net assets as of the beginning of the plan year2025-05-011933246
Employer contributions to plan in this plan year2025-05-01100824
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-010
2024 : NEW DIRECTIONS IN SALES, INC. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-0465538
Net assets as of the end of the plan year2024-06-041933246
Total assets as of the beginning of the plan year2024-06-041672583
Value of plan covered by a fidelity bond2024-06-04172000
Participant contributions to plan in this plan year2024-06-0458150
Other income to plan in this plan year2024-06-04170574
Plan net income in this plan year2024-06-04260663
Net assets as of the end of the plan year2024-06-041933246
Net assets as of the beginning of the plan year2024-06-041672583
Employer contributions to plan in this plan year2024-06-0497477
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-049516
2022 : NEW DIRECTIONS IN SALES, INC. 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-09-2212621
Net assets as of the end of the plan year2022-09-221718201
Total assets as of the beginning of the plan year2022-09-221534832
Value of plan covered by a fidelity bond2022-09-22154000
Participant contributions to plan in this plan year2022-09-2261459
Other contributions to plan in this plan year2022-09-220
Other income to plan in this plan year2022-09-2242898
Plan net income in this plan year2022-09-22183369
Net assets as of the end of the plan year2022-09-221718201
Net assets as of the beginning of the plan year2022-09-221534832
Employer contributions to plan in this plan year2022-09-2291633
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-2210294

Potentially related plans

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