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SOUTH BAY DYNAMICS, LLC 401k Plan overview

Plan NameSOUTH BAY DYNAMICS, LLC
Plan identification number 001

SOUTH BAY DYNAMICS, LLC 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.
  • 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

SOUTH BAY DYNAMICS, LLC has sponsored the creation of one or more 401k plans.

Company Name:SOUTH BAY DYNAMICS, LLC
Employer identification number (EIN):842688690
NAIC Classification:713900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTH BAY DYNAMICS, LLC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01CALVIN WANG2024-05-30
0012022-01-01CALVIN WANG2023-06-13
0012021-10-01CALVIN WANG2023-04-13

Plan Statistics for SOUTH BAY DYNAMICS, LLC

401k plan membership statisitcs for SOUTH BAY DYNAMICS, LLC

Measure Date Value
2025: SOUTH BAY DYNAMICS, LLC 2025 401k membership
Total number of particpants at beginning of year2025-07-106
Total number of particpants at end of year2025-07-104
Number of Participants With Account Balances2025-07-104
2024: SOUTH BAY DYNAMICS, LLC 2024 401k membership
Total number of particpants at beginning of year2024-05-304
Total number of particpants at end of year2024-05-305
Number of Participants With Account Balances2024-05-304
2023: SOUTH BAY DYNAMICS, LLC 2023 401k membership
Total number of particpants at beginning of year2023-04-133
Total number of particpants at end of year2023-04-133
Number of Participants With Account Balances2023-04-132

Financial Data on SOUTH BAY DYNAMICS, LLC

Measure Date Value
2025 : SOUTH BAY DYNAMICS, LLC 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-104092
Net assets as of the end of the plan year2025-07-10117615
Total assets as of the beginning of the plan year2025-07-1076673
Value of plan covered by a fidelity bond2025-07-108000
Participant contributions to plan in this plan year2025-07-1027858
Other income to plan in this plan year2025-07-1010201
Plan net income in this plan year2025-07-1040942
Net assets as of the end of the plan year2025-07-10117615
Net assets as of the beginning of the plan year2025-07-1076673
Employer contributions to plan in this plan year2025-07-106975
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-10493
2024 : SOUTH BAY DYNAMICS, LLC 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-30213
Net assets as of the end of the plan year2024-05-3076673
Total assets as of the beginning of the plan year2024-05-3031275
Value of plan covered by a fidelity bond2024-05-304000
Participant contributions to plan in this plan year2024-05-3031821
Other income to plan in this plan year2024-05-309177
Plan net income in this plan year2024-05-3045398
Net assets as of the end of the plan year2024-05-3076673
Net assets as of the beginning of the plan year2024-05-3031275
Employer contributions to plan in this plan year2024-05-304613
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-30213
2023 : SOUTH BAY DYNAMICS, LLC 2023 401k financial data
Total expenses incurred by plan in this plan year2023-04-134
Net assets as of the end of the plan year2023-04-1317314
Value of plan covered by a fidelity bond2023-04-131000
Participant contributions to plan in this plan year2023-04-1316005
Other income to plan in this plan year2023-04-13357
Plan net income in this plan year2023-04-1317314
Net assets as of the end of the plan year2023-04-1317314
Net assets as of the beginning of the plan year2023-04-130
Employer contributions to plan in this plan year2023-04-13956
Expensese paid to adminstrative service provicers from plan in this plan year2023-04-134

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