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PROFIT SHARING PLAN OF VISUAL AIDS ELECTRONICS OF NC, INC 401k Plan overview

Plan NamePROFIT SHARING PLAN OF VISUAL AIDS ELECTRONICS OF NC, INC
Plan identification number 001

PROFIT SHARING PLAN OF VISUAL AIDS ELECTRONICS OF NC, INC Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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

VISUAL AIDS ELECTRONICS OF NORTH CAROLINA INC has sponsored the creation of one or more 401k plans.

Company Name:VISUAL AIDS ELECTRONICS OF NORTH CAROLINA INC
Employer identification number (EIN):561777546
NAIC Classification:532400
NAIC Description: Commercial and Industrial Machinery and Equipment Rental and Leasing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROFIT SHARING PLAN OF VISUAL AIDS ELECTRONICS OF NC, INC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012012-01-01BRAD LUCKHART
0012011-01-01BRAD LUCKHART
0012010-01-01BRAD LUCKHART
0012009-01-01BRAD LUCKHART
0012009-01-01BRAD LUCKHART

Financial Data on PROFIT SHARING PLAN OF VISUAL AIDS ELECTRONICS OF NC, INC

Measure Date Value
2012 : PROFIT SHARING PLAN OF VISUAL AIDS ELECTRONICS OF NC, INC 2012 401k financial data
Total income from all sources2012-12-31$9,724
Expenses. Total of all expenses incurred2012-12-31$88,543
Benefits paid (including direct rollovers)2012-12-31$88,005
Total plan assets at end of year2012-12-31$0
Total plan assets at beginning of year2012-12-31$78,819
Value of fidelity bond covering the plan2012-12-31$15,000
Expenses. Other expenses not covered elsewhere2012-12-31$538
Other income received2012-12-31$9,724
Net income (gross income less expenses)2012-12-31$-78,819
Net plan assets at end of year (total assets less liabilities)2012-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$78,819
2011 : PROFIT SHARING PLAN OF VISUAL AIDS ELECTRONICS OF NC, INC 2011 401k financial data
Total income from all sources2011-12-31$-4,875
Expenses. Total of all expenses incurred2011-12-31$1,306
Benefits paid (including direct rollovers)2011-12-31$645
Total plan assets at end of year2011-12-31$78,819
Total plan assets at beginning of year2011-12-31$85,000
Value of fidelity bond covering the plan2011-12-31$15,000
Other income received2011-12-31$-4,875
Net income (gross income less expenses)2011-12-31$-6,181
Net plan assets at end of year (total assets less liabilities)2011-12-31$78,819
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$85,000
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$661
2010 : PROFIT SHARING PLAN OF VISUAL AIDS ELECTRONICS OF NC, INC 2010 401k financial data
Total income from all sources2010-12-31$11,771
Expenses. Total of all expenses incurred2010-12-31$601
Total plan assets at end of year2010-12-31$85,000
Total plan assets at beginning of year2010-12-31$73,830
Value of fidelity bond covering the plan2010-12-31$15,000
Other income received2010-12-31$11,771
Net income (gross income less expenses)2010-12-31$11,170
Net plan assets at end of year (total assets less liabilities)2010-12-31$85,000
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$73,830
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$601

Form 5500 Responses for PROFIT SHARING PLAN OF VISUAL AIDS ELECTRONICS OF NC, INC

2012: PROFIT SHARING PLAN OF VISUAL AIDS ELECTRONICS OF NC, INC 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01This submission is the final filingYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: PROFIT SHARING PLAN OF VISUAL AIDS ELECTRONICS OF NC, INC 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: PROFIT SHARING PLAN OF VISUAL AIDS ELECTRONICS OF NC, INC 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: PROFIT SHARING PLAN OF VISUAL AIDS ELECTRONICS OF NC, INC 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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