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RIGHT WAY PERMIT SERVICES INC 401K PSP TRUST 401k Plan overview

Plan NameRIGHT WAY PERMIT SERVICES INC 401K PSP TRUST
Plan identification number 001

RIGHT WAY PERMIT SERVICES INC 401K PSP TRUST 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.
  • 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

RIGHT WAY PERMIT SERVICES INC has sponsored the creation of one or more 401k plans.

Company Name:RIGHT WAY PERMIT SERVICES INC
Employer identification number (EIN):475499469
NAIC Classification:541340
NAIC Description:Drafting Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RIGHT WAY PERMIT SERVICES INC 401K PSP TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01TAMARA FISHER2024-06-04
0012022-01-01TAMARA FISHER2023-06-20
0012021-01-01TAMARA FISHER2022-06-13
0012020-01-01TAMARA FISHER2021-06-07
0012019-03-01TAMARA FISHER2020-07-06

Plan Statistics for RIGHT WAY PERMIT SERVICES INC 401K PSP TRUST

401k plan membership statisitcs for RIGHT WAY PERMIT SERVICES INC 401K PSP TRUST

Measure Date Value
2025: RIGHT WAY PERMIT SERVICES INC 401K PSP TRUST 2025 401k membership
Total number of particpants at beginning of year2025-06-039
Total number of particpants at end of year2025-06-039
Number of Participants With Account Balances2025-06-039
2024: RIGHT WAY PERMIT SERVICES INC 401K PSP TRUST 2024 401k membership
Total number of particpants at beginning of year2024-06-045
Total number of particpants at end of year2024-06-049
Number of Participants With Account Balances2024-06-049

Financial Data on RIGHT WAY PERMIT SERVICES INC 401K PSP TRUST

Measure Date Value
2025 : RIGHT WAY PERMIT SERVICES INC 401K PSP TRUST 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-03150
Net assets as of the end of the plan year2025-06-03386578
Total assets as of the beginning of the plan year2025-06-03242479
Value of plan covered by a fidelity bond2025-06-0325000
Participant contributions to plan in this plan year2025-06-0372399
Value of participant loans at end of plan year2025-06-0319409
Other income to plan in this plan year2025-06-0336412
Plan net income in this plan year2025-06-03144099
Net assets as of the end of the plan year2025-06-03386578
Net assets as of the beginning of the plan year2025-06-03242479
Employer contributions to plan in this plan year2025-06-0335438
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-03150
2024 : RIGHT WAY PERMIT SERVICES INC 401K PSP TRUST 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-040
Net assets as of the end of the plan year2024-06-04242479
Total assets as of the beginning of the plan year2024-06-04127260
Value of plan covered by a fidelity bond2024-06-0413000
Participant contributions to plan in this plan year2024-06-0460379
Other income to plan in this plan year2024-06-0431262
Plan net income in this plan year2024-06-04115219
Net assets as of the end of the plan year2024-06-04242479
Net assets as of the beginning of the plan year2024-06-04127260
Employer contributions to plan in this plan year2024-06-0423578

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