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401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan Name401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 001

401(K) PROFIT SHARING PLAN & 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.
  • 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

ADARA NETWORKS INC. has sponsored the creation of one or more 401k plans.

Company Name:ADARA NETWORKS INC.
Employer identification number (EIN):650836758
NAIC Classification:541512
NAIC Description:Computer Systems Design Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01LILLIAN WITHROW2024-05-31
0012022-01-01LILLIAN WITHROW2024-05-18
0012021-01-01KATE INNIS2022-09-27
0012020-01-01KATE INNIS2021-07-30
0012019-01-01KATE INNIS2020-07-27
0012018-01-01KATE INNIS2019-07-11
0012017-01-01LILLIAN WITHROW2018-06-11
0012016-01-01LILLIAN WITHROW2017-06-14
0012015-01-01LILLIAN WITHROW2016-05-31
0012014-01-01LILLIAN WITHROW2015-06-03
0012013-01-01LILLIAN WITHROW2014-07-07
0012012-01-01LILLIAN WITHROW2015-09-08
0012011-01-01CINDY DO2012-07-19
0012010-01-01LILLIAN WITHROW2011-07-11

Financial Data on 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2024 : 401(K) PROFIT SHARING PLAN & TRUST 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-3163789
Net assets as of the end of the plan year2024-05-311436745
Total assets as of the beginning of the plan year2024-05-311241696
Value of plan covered by a fidelity bond2024-05-31125000
Participant contributions to plan in this plan year2024-05-3173758
Value of participant loans at end of plan year2024-05-310
Other income to plan in this plan year2024-05-31185080
Plan net income in this plan year2024-05-31195049
Net assets as of the end of the plan year2024-05-311436745
Net assets as of the beginning of the plan year2024-05-311241696
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-3113300
2022 : 401(K) PROFIT SHARING PLAN & TRUST 2022 401k financial data
Total expenses incurred by plan in this plan year2022-09-27302983
Net assets as of the end of the plan year2022-09-271406299
Total assets as of the beginning of the plan year2022-09-271491581
Value of plan covered by a fidelity bond2022-09-27150000
Participant contributions to plan in this plan year2022-09-2779054
Value of participant loans at end of plan year2022-09-270
Other income to plan in this plan year2022-09-27138647
Plan net income in this plan year2022-09-27-85282
Net assets as of the end of the plan year2022-09-271406299
Net assets as of the beginning of the plan year2022-09-271491581
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-2714193

Potentially related plans

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