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ON THE WIRE INC. RETIREMENT PLAN 401k Plan overview

Plan NameON THE WIRE INC. RETIREMENT PLAN
Plan identification number 001

ON THE WIRE INC. RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

ON THE WIRE INC. has sponsored the creation of one or more 401k plans.

Company Name:ON THE WIRE INC.
Employer identification number (EIN):462857404
NAIC Classification:453990

Additional information about ON THE WIRE INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 2013-05-16
Company Identification Number: P13000043842
Legal Registered Office Address: 511 TEAKWOOD DR.

ALTAMONTE SPRINGS

32714

More information about ON THE WIRE INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ON THE WIRE INC. RETIREMENT 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
0012017-01-01TIMOTHY J. VARGAS
0012016-01-01TIMOTHY J. VARGAS
0012015-01-01TIMOTHY J. VARGAS
0012014-01-01TIMOTHY J. VARGAS
0012013-07-18TIMOTHY J. VARGAS

Plan Statistics for ON THE WIRE INC. RETIREMENT PLAN

401k plan membership statisitcs for ON THE WIRE INC. RETIREMENT PLAN

Measure Date Value
2023: ON THE WIRE INC. RETIREMENT PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-013
Total number of active participants reported on line 7a of the Form 55002023-01-013
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-010
Total of all active and inactive participants2023-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-013
Number of participants with account balances2023-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: ON THE WIRE INC. RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-014
Total number of active participants reported on line 7a of the Form 55002022-01-012
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-012
Number of participants with account balances2022-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: ON THE WIRE INC. RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-013
Total number of active participants reported on line 7a of the Form 55002021-01-013
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-013
Number of participants with account balances2021-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: ON THE WIRE INC. RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-013
Total number of active participants reported on line 7a of the Form 55002020-01-013
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-013
Number of participants with account balances2020-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: ON THE WIRE INC. RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-013
Total number of active participants reported on line 7a of the Form 55002019-01-013
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-013
Number of participants with account balances2019-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: ON THE WIRE INC. RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-012
Total number of active participants reported on line 7a of the Form 55002018-01-012
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-012
Number of participants with account balances2018-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: ON THE WIRE INC. RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-011
Total number of active participants reported on line 7a of the Form 55002017-01-012
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-012
Number of participants with account balances2017-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: ON THE WIRE INC. RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-011
Total number of active participants reported on line 7a of the Form 55002016-01-011
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-011
Number of participants with account balances2016-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: ON THE WIRE INC. RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-011
Total number of active participants reported on line 7a of the Form 55002015-01-011
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-011
Number of participants with account balances2015-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: ON THE WIRE INC. RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-011
Total number of active participants reported on line 7a of the Form 55002014-01-011
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-011
Number of participants with account balances2014-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: ON THE WIRE INC. RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year2013-07-181
Total number of active participants reported on line 7a of the Form 55002013-07-181
Number of retired or separated participants receiving benefits2013-07-180
Number of other retired or separated participants entitled to future benefits2013-07-180
Total of all active and inactive participants2013-07-181
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-07-180
Total participants2013-07-181
Number of participants with account balances2013-07-181
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-07-180

Financial Data on ON THE WIRE INC. RETIREMENT PLAN

Measure Date Value
2023 : ON THE WIRE INC. RETIREMENT PLAN 2023 401k financial data
Total income from all sources2023-12-31$8
Expenses. Total of all expenses incurred2023-12-31$0
Total plan assets at end of year2023-12-31$964,170
Total plan assets at beginning of year2023-12-31$964,162
Value of fidelity bond covering the plan2023-12-31$10,000
Other income received2023-12-31$8
Net income (gross income less expenses)2023-12-31$8
Net plan assets at end of year (total assets less liabilities)2023-12-31$964,170
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$964,162
Assets. Value of employer securities2023-12-31$964,170
2022 : ON THE WIRE INC. RETIREMENT PLAN 2022 401k financial data
Total income from all sources2022-12-31$207,055
Expenses. Total of all expenses incurred2022-12-31$0
Total plan assets at end of year2022-12-31$964,162
Total plan assets at beginning of year2022-12-31$757,107
Value of fidelity bond covering the plan2022-12-31$10,000
Other income received2022-12-31$207,055
Net income (gross income less expenses)2022-12-31$207,055
Net plan assets at end of year (total assets less liabilities)2022-12-31$964,162
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$757,107
Assets. Value of employer securities2022-12-31$964,162
2021 : ON THE WIRE INC. RETIREMENT PLAN 2021 401k financial data
Total income from all sources2021-12-31$611,366
Expenses. Total of all expenses incurred2021-12-31$0
Total plan assets at end of year2021-12-31$757,107
Total plan assets at beginning of year2021-12-31$145,741
Value of fidelity bond covering the plan2021-12-31$10,000
Contributions received from other sources (not participants or employers)2021-12-31$115,876
Other income received2021-12-31$495,490
Net income (gross income less expenses)2021-12-31$611,366
Net plan assets at end of year (total assets less liabilities)2021-12-31$757,107
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$145,741
Assets. Value of employer securities2021-12-31$757,107
2020 : ON THE WIRE INC. RETIREMENT PLAN 2020 401k financial data
Total income from all sources2020-12-31$-45,643
Expenses. Total of all expenses incurred2020-12-31$0
Total plan assets at end of year2020-12-31$145,741
Total plan assets at beginning of year2020-12-31$191,384
Value of fidelity bond covering the plan2020-12-31$10,000
Other income received2020-12-31$-45,643
Net income (gross income less expenses)2020-12-31$-45,643
Net plan assets at end of year (total assets less liabilities)2020-12-31$145,741
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$191,384
Assets. Value of employer securities2020-12-31$145,741
2019 : ON THE WIRE INC. RETIREMENT PLAN 2019 401k financial data
Total income from all sources2019-12-31$59,268
Expenses. Total of all expenses incurred2019-12-31$0
Total plan assets at end of year2019-12-31$191,384
Total plan assets at beginning of year2019-12-31$132,116
Value of fidelity bond covering the plan2019-12-31$10,000
Other income received2019-12-31$59,268
Net income (gross income less expenses)2019-12-31$59,268
Net plan assets at end of year (total assets less liabilities)2019-12-31$191,384
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$132,116
Assets. Value of employer securities2019-12-31$191,384
2018 : ON THE WIRE INC. RETIREMENT PLAN 2018 401k financial data
Total income from all sources2018-12-31$-32,584
Expenses. Total of all expenses incurred2018-12-31$0
Benefits paid (including direct rollovers)2018-12-31$0
Total plan assets at end of year2018-12-31$132,116
Total plan assets at beginning of year2018-12-31$164,700
Value of fidelity bond covering the plan2018-12-31$10,000
Total contributions received or receivable from participants2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-32,584
Net income (gross income less expenses)2018-12-31$-32,584
Net plan assets at end of year (total assets less liabilities)2018-12-31$132,116
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$164,700
Assets. Value of employer securities2018-12-31$132,116
Total contributions received or receivable from employer(s)2018-12-31$0
Value of certain deemed distributions of participant loans2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$0
2017 : ON THE WIRE INC. RETIREMENT PLAN 2017 401k financial data
Total income from all sources2017-12-31$40,953
Total plan assets at end of year2017-12-31$164,700
Total plan assets at beginning of year2017-12-31$123,747
Value of fidelity bond covering the plan2017-12-31$10,000
Other income received2017-12-31$40,953
Net income (gross income less expenses)2017-12-31$40,953
Net plan assets at end of year (total assets less liabilities)2017-12-31$164,700
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$123,747
Assets. Value of employer securities2017-12-31$164,700
2016 : ON THE WIRE INC. RETIREMENT PLAN 2016 401k financial data
Total income from all sources2016-12-31$43,467
Expenses. Total of all expenses incurred2016-12-31$0
Benefits paid (including direct rollovers)2016-12-31$0
Total plan assets at end of year2016-12-31$123,747
Total plan assets at beginning of year2016-12-31$80,280
Value of fidelity bond covering the plan2016-12-31$10,000
Total contributions received or receivable from participants2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$43,467
Net income (gross income less expenses)2016-12-31$43,467
Net plan assets at end of year (total assets less liabilities)2016-12-31$123,747
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$80,280
Assets. Value of employer securities2016-12-31$123,747
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$0
2015 : ON THE WIRE INC. RETIREMENT PLAN 2015 401k financial data
Total income from all sources2015-12-31$46,183
Expenses. Total of all expenses incurred2015-12-31$0
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$80,280
Total plan assets at beginning of year2015-12-31$34,097
Value of fidelity bond covering the plan2015-12-31$10,000
Total contributions received or receivable from participants2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$46,183
Net income (gross income less expenses)2015-12-31$46,183
Net plan assets at end of year (total assets less liabilities)2015-12-31$80,280
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$34,097
Assets. Value of employer securities2015-12-31$80,280
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$0
2014 : ON THE WIRE INC. RETIREMENT PLAN 2014 401k financial data
Total income from all sources2014-12-31$-7,878
Expenses. Total of all expenses incurred2014-12-31$25
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$34,097
Total plan assets at beginning of year2014-12-31$42,000
Value of fidelity bond covering the plan2014-12-31$10,000
Total contributions received or receivable from participants2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$7,817
Other income received2014-12-31$-15,695
Net income (gross income less expenses)2014-12-31$-7,903
Net plan assets at end of year (total assets less liabilities)2014-12-31$34,097
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$42,000
Assets. Value of employer securities2014-12-31$34,097
Total contributions received or receivable from employer(s)2014-12-31$0
Value of certain deemed distributions of participant loans2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$25
2013 : ON THE WIRE INC. RETIREMENT PLAN 2013 401k financial data
Total income from all sources2013-12-31$42,025
Expenses. Total of all expenses incurred2013-12-31$25
Benefits paid (including direct rollovers)2013-12-31$0
Total plan assets at end of year2013-12-31$42,000
Total plan assets at beginning of year2013-12-31$0
Value of fidelity bond covering the plan2013-12-31$10,000
Total contributions received or receivable from participants2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$65,457
Other income received2013-12-31$-23,432
Net income (gross income less expenses)2013-12-31$42,000
Net plan assets at end of year (total assets less liabilities)2013-12-31$42,000
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$0
Assets. Value of employer securities2013-12-31$42,000
Total contributions received or receivable from employer(s)2013-12-31$0
Value of certain deemed distributions of participant loans2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$25

Form 5500 Responses for ON THE WIRE INC. RETIREMENT PLAN

2023: ON THE WIRE INC. RETIREMENT PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: ON THE WIRE INC. RETIREMENT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: ON THE WIRE INC. RETIREMENT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: ON THE WIRE INC. RETIREMENT PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: ON THE WIRE INC. RETIREMENT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: ON THE WIRE INC. RETIREMENT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: ON THE WIRE INC. RETIREMENT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: ON THE WIRE INC. RETIREMENT PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: ON THE WIRE INC. RETIREMENT PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: ON THE WIRE INC. RETIREMENT PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: ON THE WIRE INC. RETIREMENT PLAN 2013 form 5500 responses
2013-07-18Type of plan entitySingle employer plan
2013-07-18First time form 5500 has been submittedYes
2013-07-18This return/report is a short plan year return/report (less than 12 months)Yes
2013-07-18Plan funding arrangement – TrustYes
2013-07-18Plan benefit arrangement - TrustYes

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