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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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0202023-01-01MELISSA VERSNIK2024-06-12
0202022-01-01MELISSA VERSNIK2023-06-23
0202021-01-01NEIL SHIFMAN2022-06-03
0202020-01-01NEIL SHIFMAN2021-05-19

Plan Statistics for

401k plan membership statisitcs for

Measure Date Value
2025: 2025 401k membership
Total number of particpants at beginning of year2025-07-0743
Total number of particpants at end of year2025-07-0756
Number of Participants With Account Balances2025-07-0711
2024: 2024 401k membership
Total number of particpants at beginning of year2024-06-1243
Total number of particpants at end of year2024-06-1247
Number of Participants With Account Balances2024-06-1210
2022: 2022 401k membership
Total number of particpants at beginning of year2022-06-0330
Total number of particpants at end of year2022-06-0332
Number of Participants With Account Balances2022-06-031

Financial Data on

Measure Date Value
2025 : 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-0723434
Net assets as of the end of the plan year2025-07-07362127
Total assets as of the beginning of the plan year2025-07-07275281
Value of plan covered by a fidelity bond2025-07-0740000
Participant contributions to plan in this plan year2025-07-0743190
Other contributions to plan in this plan year2025-07-0710414
Other income to plan in this plan year2025-07-0734805
Plan net income in this plan year2025-07-0786846
Net assets as of the end of the plan year2025-07-07362127
Net assets as of the beginning of the plan year2025-07-07275281
Employer contributions to plan in this plan year2025-07-0721871
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-07532
2024 : 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-1210343
Net assets as of the end of the plan year2024-06-12275281
Total assets as of the beginning of the plan year2024-06-12191761
Value of plan covered by a fidelity bond2024-06-1230000
Participant contributions to plan in this plan year2024-06-1239967
Other income to plan in this plan year2024-06-1235526
Plan net income in this plan year2024-06-1283520
Net assets as of the end of the plan year2024-06-12275281
Net assets as of the beginning of the plan year2024-06-12191761
Employer contributions to plan in this plan year2024-06-1218370
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-12217
2022 : 2022 401k financial data
Total expenses incurred by plan in this plan year2022-06-036
Net assets as of the end of the plan year2022-06-03174271
Total assets as of the beginning of the plan year2022-06-03130266
Value of plan covered by a fidelity bond2022-06-0320000
Participant contributions to plan in this plan year2022-06-0317500
Other income to plan in this plan year2022-06-0320066
Plan net income in this plan year2022-06-0344005
Net assets as of the end of the plan year2022-06-03174271
Net assets as of the beginning of the plan year2022-06-03130266
Employer contributions to plan in this plan year2022-06-036445
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-036

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