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EMPLOYEE BENEFIT PLAN OF ACTION ENTERPRISES, INC. 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF ACTION ENTERPRISES, INC.
Plan identification number 002

EMPLOYEE BENEFIT PLAN OF ACTION ENTERPRISES, INC. 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

ACTION ENTERPRISES, INC. has sponsored the creation of one or more 401k plans.

Company Name:ACTION ENTERPRISES, INC.
Employer identification number (EIN):562294236
NAIC Classification:624100
NAIC Description: Individual and Family Services

Additional information about ACTION ENTERPRISES, INC.

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 2002-07-16
Company Identification Number: 2789967
Legal Registered Office Address: 6470 RTE 20A
STE 1
PERRY
United States of America (USA)
14530

More information about ACTION ENTERPRISES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF ACTION ENTERPRISES, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01DAWN MEYER2024-06-25
0022022-01-01DAWN MEYER2023-09-19
0022021-01-01DAWN MEYER2022-07-19
0022020-01-01DAWN MEYER2021-10-15

Plan Statistics for EMPLOYEE BENEFIT PLAN OF ACTION ENTERPRISES, INC.

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF ACTION ENTERPRISES, INC.

Measure Date Value
2025: EMPLOYEE BENEFIT PLAN OF ACTION ENTERPRISES, INC. 2025 401k membership
Total number of particpants at beginning of year2025-07-313
Total number of particpants at end of year2025-07-313
Number of Participants With Account Balances2025-07-311
2024: EMPLOYEE BENEFIT PLAN OF ACTION ENTERPRISES, INC. 2024 401k membership
Total number of particpants at beginning of year2024-06-253
Total number of particpants at end of year2024-06-253
Number of Participants With Account Balances2024-06-251

Financial Data on EMPLOYEE BENEFIT PLAN OF ACTION ENTERPRISES, INC.

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF ACTION ENTERPRISES, INC. 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-310
Total liabilities as of the end of the plan year2025-07-310
Total liabilities as of the beginning of the plan year2025-07-310
Total expenses incurred by plan in this plan year2025-07-3124
Net assets as of the end of the plan year2025-07-314770
Total assets as of the beginning of the plan year2025-07-314123
Value of plan covered by a fidelity bond2025-07-3150000
Participant contributions to plan in this plan year2025-07-3179
Other expenses paid from plan in this plan year2025-07-310
Other contributions to plan in this plan year2025-07-310
Other income to plan in this plan year2025-07-31592
Plan net income in this plan year2025-07-31647
Net assets as of the end of the plan year2025-07-314770
Net assets as of the beginning of the plan year2025-07-314123
Employer contributions to plan in this plan year2025-07-310
Fees paid to broker by Benefit Provider2025-07-311
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-3124
2024 : EMPLOYEE BENEFIT PLAN OF ACTION ENTERPRISES, INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-06-250
Total liabilities as of the end of the plan year2024-06-250
Total liabilities as of the beginning of the plan year2024-06-250
Total expenses incurred by plan in this plan year2024-06-2524
Net assets as of the end of the plan year2024-06-254123
Total assets as of the beginning of the plan year2024-06-252891
Value of plan covered by a fidelity bond2024-06-2550000
Participant contributions to plan in this plan year2024-06-25664
Other expenses paid from plan in this plan year2024-06-250
Other contributions to plan in this plan year2024-06-250
Other income to plan in this plan year2024-06-25592
Plan net income in this plan year2024-06-251232
Net assets as of the end of the plan year2024-06-254123
Net assets as of the beginning of the plan year2024-06-252891
Employer contributions to plan in this plan year2024-06-250
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-2524

Potentially related plans

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