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NEW ERA ADR 401(K) PLAN 401k Plan overview

Plan NameNEW ERA ADR 401(K) PLAN
Plan identification number 001

NEW ERA ADR 401(K) PLAN 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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.

401k Sponsoring company profile

NEW ERA ADR INC. has sponsored the creation of one or more 401k plans.

Company Name:NEW ERA ADR INC.
Employer identification number (EIN):852282972
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW ERA ADR 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01COLLIN WILLIAMS2024-07-08
0012022-01-01ROSE TYLER2023-07-10
0012021-01-01COLLIN WILLIAMS2022-07-12
0012020-01-01COLLIN WILLIAMS2021-10-11

Financial Data on NEW ERA ADR 401(K) PLAN

Measure Date Value
2025 : NEW ERA ADR 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-21140216
Net assets as of the end of the plan year2025-07-21633395
Total assets as of the beginning of the plan year2025-07-21525860
Value of plan covered by a fidelity bond2025-07-21100000
Participant contributions to plan in this plan year2025-07-21165113
Value of participant loans at end of plan year2025-07-210
Other expenses paid from plan in this plan year2025-07-210
Other contributions to plan in this plan year2025-07-210
Other income to plan in this plan year2025-07-2182638
Plan net income in this plan year2025-07-21107535
Net assets as of the end of the plan year2025-07-21633395
Net assets as of the beginning of the plan year2025-07-21525860
Employer contributions to plan in this plan year2025-07-210
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-211233
2024 : NEW ERA ADR 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-08969
Net assets as of the end of the plan year2024-07-08525860
Total assets as of the beginning of the plan year2024-07-08182051
Value of plan covered by a fidelity bond2024-07-08100000
Participant contributions to plan in this plan year2024-07-08171155
Other contributions to plan in this plan year2024-07-0890956
Other income to plan in this plan year2024-07-0857312
Plan net income in this plan year2024-07-08343809
Net assets as of the end of the plan year2024-07-08525860
Net assets as of the beginning of the plan year2024-07-08182051
Employer contributions to plan in this plan year2024-07-0825355
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-08969

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