Logo

FAST TRACK SPECIALTIES PROFIT SHARING PLAN 401k Plan overview

Plan NameFAST TRACK SPECIALTIES PROFIT SHARING PLAN
Plan identification number 001

FAST TRACK SPECIALTIES PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • Plan covering Self-Employed individuals.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

FAST TRACK SPECIALTIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:FAST TRACK SPECIALTIES, INC.
Employer identification number (EIN):760645617
NAIC Classification:238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FAST TRACK SPECIALTIES PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JOHN GLAZE2024-07-19
0012022-01-01JOHN GLAZE2023-07-12
0012021-01-01JOHN GLAZE2022-06-01
0012020-01-01JOHN GLAZE2021-04-27
0012019-01-01JOHN GLAZE2020-06-22
0012018-01-01JOHN GLAZE2019-05-09
0012017-01-01JOHN GLAZE2018-05-16
0012016-01-01JOHN GLAZE2017-05-25
0012015-01-01JOHN GLAZE2016-06-24
0012014-01-01JOHN GLAZE2015-06-10
0012013-01-01LISA GLAZE2014-07-14
0012012-01-01LISA GLAZE2013-06-18
0012011-01-01LISA GLAZE2012-06-06
0012010-01-01LISA GLAZE2011-05-09

Plan Statistics for FAST TRACK SPECIALTIES PROFIT SHARING PLAN

401k plan membership statisitcs for FAST TRACK SPECIALTIES PROFIT SHARING PLAN

Measure Date Value
2025: FAST TRACK SPECIALTIES PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-05-2131
Total number of particpants at end of year2025-05-2130
Number of Participants With Account Balances2025-05-2118
2024: FAST TRACK SPECIALTIES PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-1934
Total number of particpants at end of year2024-07-1932
Number of Participants With Account Balances2024-07-1917
2022: FAST TRACK SPECIALTIES PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-06-0128
Total number of particpants at end of year2022-06-0125
Number of Participants With Account Balances2022-06-0115

Financial Data on FAST TRACK SPECIALTIES PROFIT SHARING PLAN

Measure Date Value
2025 : FAST TRACK SPECIALTIES PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-2111659
Net assets as of the end of the plan year2025-05-212548896
Total assets as of the beginning of the plan year2025-05-212086066
Value of plan covered by a fidelity bond2025-05-21385000
Participant contributions to plan in this plan year2025-05-21113358
Value of participant loans at end of plan year2025-05-214190
Other contributions to plan in this plan year2025-05-210
Other income to plan in this plan year2025-05-21293382
Plan net income in this plan year2025-05-21462830
Net assets as of the end of the plan year2025-05-212548896
Net assets as of the beginning of the plan year2025-05-212086066
Value of contributions failed to transmitted timely2025-05-210
Employer contributions to plan in this plan year2025-05-2167749
Fees paid to broker by Benefit Provider2025-05-211313
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-210
2024 : FAST TRACK SPECIALTIES PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-1952618
Net assets as of the end of the plan year2024-07-192086066
Total assets as of the beginning of the plan year2024-07-191667595
Value of plan covered by a fidelity bond2024-07-19385000
Participant contributions to plan in this plan year2024-07-1999767
Value of participant loans at end of plan year2024-07-197187
Other contributions to plan in this plan year2024-07-199025
Other income to plan in this plan year2024-07-19309813
Plan net income in this plan year2024-07-19418471
Net assets as of the end of the plan year2024-07-192086066
Net assets as of the beginning of the plan year2024-07-191667595
Employer contributions to plan in this plan year2024-07-1952484
Fees paid to broker by Benefit Provider2024-07-191261
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-1927516
2022 : FAST TRACK SPECIALTIES PROFIT SHARING PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-06-010
Total expenses incurred by plan in this plan year2022-06-01284481
Net assets as of the end of the plan year2022-06-011896746
Total assets as of the beginning of the plan year2022-06-011770162
Value of plan covered by a fidelity bond2022-06-01385000
Participant contributions to plan in this plan year2022-06-01116796
Value of participant loans at end of plan year2022-06-015023
Other expenses paid from plan in this plan year2022-06-010
Other contributions to plan in this plan year2022-06-010
Other income to plan in this plan year2022-06-01231885
Plan net income in this plan year2022-06-01126584
Net assets as of the end of the plan year2022-06-011896746
Net assets as of the beginning of the plan year2022-06-011770162
Employer contributions to plan in this plan year2022-06-0162384
Fees paid to broker by Benefit Provider2022-06-011181
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-0115882

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

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
US 401k Lookup     VAT Lookup