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EMPLOYEE PROFIT SHARING PLAN OF WTGS, INC. 401k Plan overview

Plan NameEMPLOYEE PROFIT SHARING PLAN OF WTGS, INC.
Plan identification number 001

EMPLOYEE PROFIT SHARING PLAN OF WTGS, INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • 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

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

Company Name:WTGS, INC.
Employer identification number (EIN):841508945
NAIC Classification:451140
NAIC Description:Musical Instrument and Supplies Stores

Additional information about WTGS, INC.

Jurisdiction of Incorporation: Colorado Department of State
Incorporation Date: 1999-07-13
Company Identification Number: 19991131387
Legal Registered Office Address: 11 E Burgundy St

Highlands Ranch
United States of America (USA)
80126

More information about WTGS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE PROFIT SHARING PLAN OF WTGS, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012020-01-01SCOTT NASON2020-12-03 SCOTT NASON2020-12-03
0012019-01-01SCOTT NASON2020-07-14
0012018-01-01SCOTT NASON2019-06-15
0012017-01-01SCOTT NASON2018-06-20 SCOTT NASON2018-06-20
0012016-01-01SCOTT NASON2017-09-18
0012015-01-01SCOTT NASON2016-06-17
0012014-01-01SCOTT NASON2015-03-19
0012013-01-01SCOTT NASON2014-03-24
0012012-01-01SCOTT NASON2013-06-13
0012011-01-01SCOTT NASON2012-03-10
0012009-01-01SCOTT NASON

Plan Statistics for EMPLOYEE PROFIT SHARING PLAN OF WTGS, INC.

401k plan membership statisitcs for EMPLOYEE PROFIT SHARING PLAN OF WTGS, INC.

Measure Date Value
2009: EMPLOYEE PROFIT SHARING PLAN OF WTGS, INC. 2009 401k membership
Total participants, beginning-of-year2009-01-015
Total number of active participants reported on line 7a of the Form 55002009-01-016
Total of all active and inactive participants2009-01-016
Total participants2009-01-016
Number of participants with account balances2009-01-016

Financial Data on EMPLOYEE PROFIT SHARING PLAN OF WTGS, INC.

Measure Date Value
2010 : EMPLOYEE PROFIT SHARING PLAN OF WTGS, INC. 2010 401k financial data
Total income from all sources2010-12-31$45,504
Total plan assets at end of year2010-12-31$148,383
Total plan assets at beginning of year2010-12-31$102,879
Total contributions received or receivable from participants2010-12-31$22,350
Other income received2010-12-31$17,635
Net income (gross income less expenses)2010-12-31$45,504
Net plan assets at end of year (total assets less liabilities)2010-12-31$148,383
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$102,879
Total contributions received or receivable from employer(s)2010-12-31$5,519

Form 5500 Responses for EMPLOYEE PROFIT SHARING PLAN OF WTGS, INC.

2009: EMPLOYEE PROFIT SHARING PLAN OF WTGS, INC. 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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