401k Plan data: NEW CENTURY PARTNERS PROFIT SHARING PLAN plan

NEW CENTURY PARTNERS PROFIT SHARING PLAN 401k Plan overview

Plan Name	NEW CENTURY PARTNERS PROFIT SHARING PLAN
Plan identification number	002

NEW CENTURY PARTNERS PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
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.
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

NEW CENTURY PARTNERS has sponsored the creation of one or more 401k plans.

Company Name: NEW CENTURY PARTNERS

Employer identification number (EIN): 680189192

NAIC Classification: 523900

Additional information about NEW CENTURY PARTNERS

Jurisdiction of Incorporation: California Department of State

Incorporation Date:

Company Identification Number: C1634561

More information about NEW CENTURY PARTNERS

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW CENTURY PARTNERS PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01 STEVEN D. CALLOW 2024-02-19
002 2022-01-01 STEVEN D. CALLOW 2023-03-07
002 2021-01-01 STEVEN D. CALLOW 2022-05-18
002 2012-01-01 WEI GUO YU

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2023-01-01	STEVEN D. CALLOW	2024-02-19
002	2022-01-01	STEVEN D. CALLOW	2023-03-07
002	2021-01-01	STEVEN D. CALLOW	2022-05-18
002	2012-01-01	WEI GUO YU

Plan Statistics for NEW CENTURY PARTNERS PROFIT SHARING PLAN

401k plan membership statisitcs for NEW CENTURY PARTNERS PROFIT SHARING PLAN

Measure Date Value
2023: NEW CENTURY PARTNERS PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 4
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 4
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 0
Total of all active and inactive participants 2023-01-01 4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 4
Number of participants with account balances 2023-01-01 4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 0
2022: NEW CENTURY PARTNERS PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 4
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 4
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 4
Number of participants with account balances 2022-01-01 4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: NEW CENTURY PARTNERS PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 3
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 3
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 0
Total of all active and inactive participants 2021-01-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 3
Number of participants with account balances 2021-01-01 3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2012: NEW CENTURY PARTNERS PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 1
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 1
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 1
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 1
Number of participants with account balances 2012-01-01 1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0

Measure	Date	Value
2023: NEW CENTURY PARTNERS PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	4
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	4
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	0
Total of all active and inactive participants	2023-01-01	4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	4
Number of participants with account balances	2023-01-01	4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	0
2022: NEW CENTURY PARTNERS PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	4
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	4
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	4
Number of participants with account balances	2022-01-01	4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: NEW CENTURY PARTNERS PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	3
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	3
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	0
Total of all active and inactive participants	2021-01-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	3
Number of participants with account balances	2021-01-01	3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2012: NEW CENTURY PARTNERS PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	1
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	1
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	1
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	1
Number of participants with account balances	2012-01-01	1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0

Financial Data on NEW CENTURY PARTNERS PROFIT SHARING PLAN

Measure	Date	Value
2023 : NEW CENTURY PARTNERS PROFIT SHARING PLAN 2023 401k financial data
Total plan liabilities at end of year	2023-12-31	$0
Total plan liabilities at beginning of year	2023-12-31	$0
Total income from all sources	2023-12-31	$5,983,800
Expenses. Total of all expenses incurred	2023-12-31	$52,867
Benefits paid (including direct rollovers)	2023-12-31	$52,867
Total plan assets at end of year	2023-12-31	$7,525,941
Total plan assets at beginning of year	2023-12-31	$1,595,008
Total contributions received or receivable from participants	2023-12-31	$82,500
Contributions received from other sources (not participants or employers)	2023-12-31	$5,312,936
Other income received	2023-12-31	$446,325
Noncash contributions received	2023-12-31	$0
Net income (gross income less expenses)	2023-12-31	$5,930,933
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$7,525,941
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$1,595,008
Total contributions received or receivable from employer(s)	2023-12-31	$142,039
Value of certain deemed distributions of participant loans	2023-12-31	$0
Value of corrective distributions	2023-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2023-12-31	$0
2022 : NEW CENTURY PARTNERS PROFIT SHARING PLAN 2022 401k financial data
Total plan liabilities at end of year	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$-35,067
Expenses. Total of all expenses incurred	2022-12-31	$4,226,168
Benefits paid (including direct rollovers)	2022-12-31	$4,226,168
Total plan assets at end of year	2022-12-31	$1,595,008
Total plan assets at beginning of year	2022-12-31	$5,856,243
Total contributions received or receivable from participants	2022-12-31	$68,127
Contributions received from other sources (not participants or employers)	2022-12-31	$0
Other income received	2022-12-31	$-210,387
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$-4,261,235
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$1,595,008
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$5,856,243
Total contributions received or receivable from employer(s)	2022-12-31	$107,193
Value of certain deemed distributions of participant loans	2022-12-31	$0
Value of corrective distributions	2022-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$0
2021 : NEW CENTURY PARTNERS PROFIT SHARING PLAN 2021 401k financial data
Total plan liabilities at end of year	2021-12-31	$0
Total plan liabilities at beginning of year	2021-12-31	$0
Total income from all sources	2021-12-31	$1,606,918
Expenses. Total of all expenses incurred	2021-12-31	$5,437,291
Benefits paid (including direct rollovers)	2021-12-31	$5,437,291
Total plan assets at end of year	2021-12-31	$5,856,243
Total plan assets at beginning of year	2021-12-31	$9,686,616
Total contributions received or receivable from participants	2021-12-31	$55,000
Expenses. Other expenses not covered elsewhere	2021-12-31	$0
Contributions received from other sources (not participants or employers)	2021-12-31	$0
Other income received	2021-12-31	$1,460,812
Noncash contributions received	2021-12-31	$0
Net income (gross income less expenses)	2021-12-31	$-3,830,373
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$5,856,243
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$9,686,616
Total contributions received or receivable from employer(s)	2021-12-31	$91,106
Value of certain deemed distributions of participant loans	2021-12-31	$0
Value of corrective distributions	2021-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$0
2012 : NEW CENTURY PARTNERS PROFIT SHARING PLAN 2012 401k financial data
Transfers to/from the plan	2012-12-31	$0
Total plan liabilities at end of year	2012-12-31	$0
Total plan liabilities at beginning of year	2012-12-31	$0
Total income from all sources	2012-12-31	$36,184
Expenses. Total of all expenses incurred	2012-12-31	$0
Benefits paid (including direct rollovers)	2012-12-31	$0
Total plan assets at end of year	2012-12-31	$124,641
Total plan assets at beginning of year	2012-12-31	$88,457
Total contributions received or receivable from participants	2012-12-31	$0
Expenses. Other expenses not covered elsewhere	2012-12-31	$0
Contributions received from other sources (not participants or employers)	2012-12-31	$0
Other income received	2012-12-31	$13,684
Noncash contributions received	2012-12-31	$0
Net income (gross income less expenses)	2012-12-31	$36,184
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$124,641
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$88,457
Total contributions received or receivable from employer(s)	2012-12-31	$22,500
Value of certain deemed distributions of participant loans	2012-12-31	$0
Value of corrective distributions	2012-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$0

Form 5500 Responses for NEW CENTURY PARTNERS PROFIT SHARING PLAN

2023: NEW CENTURY PARTNERS PROFIT SHARING PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: NEW CENTURY PARTNERS PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: NEW CENTURY PARTNERS PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2012: NEW CENTURY PARTNERS PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

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

Company Name:	NEW CENTURY PARTNERS
Employer identification number (EIN):	680189192
NAIC Classification:	523900

Jurisdiction of Incorporation:	California Department of State
Incorporation Date:
Company Identification Number:	C1634561