401k Plan data: plan

Benefits

401k Plan Type

Defined 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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan covering Self-Employed individuals.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
020 2024-01-01 MELISSA VERSNIK 2024-05-30
020 2023-01-01 MELISSA VERSNIK 2024-05-30
020 2022-01-01 MELISSA VERSNIK 2023-06-26
020 2021-01-01 NEIL SHIFMAN 2022-06-16
020 2020-01-01 NEIL SHIFMAN 2021-05-20

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
020	2024-01-01	MELISSA VERSNIK	2024-05-30
020	2023-01-01	MELISSA VERSNIK	2024-05-30
020	2022-01-01	MELISSA VERSNIK	2023-06-26
020	2021-01-01	NEIL SHIFMAN	2022-06-16
020	2020-01-01	NEIL SHIFMAN	2021-05-20

Plan Statistics for

401k plan membership statisitcs for

Measure Date Value
2024: 2024 401k membership
Total number of particpants at beginning of year 2024-05-30 53
Total number of particpants at end of year 2024-05-30 0
Number of Participants With Account Balances 2024-05-30 0
2022: 2022 401k membership
Total number of particpants at beginning of year 2022-06-16 40
Total number of particpants at end of year 2022-06-16 47
Number of Participants With Account Balances 2022-06-16 4

Measure	Date	Value
2024: 2024 401k membership
Total number of particpants at beginning of year	2024-05-30	53
Total number of particpants at end of year	2024-05-30	0
Number of Participants With Account Balances	2024-05-30	0
2022: 2022 401k membership
Total number of particpants at beginning of year	2022-06-16	40
Total number of particpants at end of year	2022-06-16	47
Number of Participants With Account Balances	2022-06-16	4

Financial Data on

Measure	Date	Value
2024 : 2024 401k financial data
Total transfers to/from plan in this plan year	2024-05-30	-632
Total expenses incurred by plan in this plan year	2024-05-30	0
Net assets as of the end of the plan year	2024-05-30	0
Total assets as of the beginning of the plan year	2024-05-30	638
Value of plan covered by a fidelity bond	2024-05-30	30000
Participant contributions to plan in this plan year	2024-05-30	50537
Other income to plan in this plan year	2024-05-30	-6
Plan net income in this plan year	2024-05-30	-6
Net assets as of the end of the plan year	2024-05-30	0
Net assets as of the beginning of the plan year	2024-05-30	638
Employer contributions to plan in this plan year	2024-05-30	11008
Expensese paid to adminstrative service provicers from plan in this plan year	2024-05-30	8
2022 : 2022 401k financial data
Total expenses incurred by plan in this plan year	2022-06-16	8
Net assets as of the end of the plan year	2022-06-16	211049
Total assets as of the beginning of the plan year	2022-06-16	120626
Value of plan covered by a fidelity bond	2022-06-16	30000
Participant contributions to plan in this plan year	2022-06-16	48285
Other income to plan in this plan year	2022-06-16	30906
Plan net income in this plan year	2022-06-16	90423
Net assets as of the end of the plan year	2022-06-16	211049
Net assets as of the beginning of the plan year	2022-06-16	120626
Employer contributions to plan in this plan year	2022-06-16	11240
Expensese paid to adminstrative service provicers from plan in this plan year	2022-06-16	8

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions